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New Report Fall 2026 Housing Affordability Report: every state is less affordable than in late August as average 30-year mortgage rates passed 7%. Read the report

Grafton, ND Housing Affordability Index

Grafton, North Dakota has an MBR Housing Affordability Index score of 135.9 (Highly Affordable) as of October 30, 2026, ranking 212th most affordable of 274 scored North Dakota cities, compared with 114.2 statewide and 97.4 nationally. On a median-priced $147,300 home with 20% down, the North Dakota average 30-year fixed rate of 7.28% means a monthly principal and interest payment of about $806, or 15% of the city’s $62,679 median household income.

The MBR Housing Affordability Index (MBR-HAI) for Grafton is updated every night from live North Dakota mortgage rates and U.S. Census Bureau income, home value and housing cost data for the city. A score of 100 equals the national average; higher scores mean homeownership is more affordable.

Grafton MBR-HAI 135.9 Highly Affordable
Rank in North Dakota 212 of 274 1 = most affordable
North Dakota 114.2 Statewide score
National 97.4 100 = baseline
Avg 30-yr rate 7.28% North Dakota lenders
Median home value $147,300 U.S. Census Bureau

Grafton is 21.6 points above the North Dakota score. Scores as of October 30, 2026. See the North Dakota index

View Grafton Mortgage Rates

What It Takes to Buy in Grafton

$806/mo
Principal & Interest
Median home, 20% down, 7.28%
$34,600
Income Needed
To keep the payment at 28% of income
$62,679
Median Household Income
North Dakota: $76,657
2.4x
Price-to-Income Ratio
North Dakota: 3.3x
$790/mo
Median Owner Costs
Mortgage, taxes, insurance, utilities
$2,263/yr
Median Property Tax
1.54% of median value
22.4%
Owner Cost Burden
Owners spending 30%+ of income on housing
32.1%
Renter Cost Burden
Renters spending 30%+ of income on rent

Source: U.S. Census Bureau American Community Survey 5-Year Estimates (2024) for Grafton, North Dakota. The rate is the North Dakota average 30-year fixed rate from MonitorBankRates, since lenders publish rates by state.

How Grafton Ranks in North Dakota

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Cite the Grafton Score

“MonitorBankRates (MBR) Housing Affordability Index, MonitorBankRates.com, October 30, 2026. Grafton, North Dakota score: 135.9 (Highly Affordable), ranked 212 of 274 North Dakota cities. monitorbankrates.com/housing-affordability-index/north-dakota/grafton”