MonitorBankRates
☰
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

Milton, ND Housing Affordability Index

Milton, North Dakota has an MBR Housing Affordability Index score of 81.9 (Moderately Less Affordable) as of October 30, 2026, ranking 273rd most affordable of 274 scored North Dakota cities, compared with 114.2 statewide and 97.4 nationally. On a median-priced $308,800 home with 20% down, the North Dakota average 30-year fixed rate of 7.28% means a monthly principal and interest payment of about $1,690, or 46% of the city’s $43,819 median household income.

The MBR Housing Affordability Index (MBR-HAI) for Milton 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.

Milton MBR-HAI 81.9 Moderately Less Affordable
Rank in North Dakota 273 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 $308,800 U.S. Census Bureau

Milton is 32.3 points below the North Dakota score. Scores as of October 30, 2026. See the North Dakota index

View Milton Mortgage Rates

What It Takes to Buy in Milton

$1,690/mo
Principal & Interest
Median home, 20% down, 7.28%
$72,400
Income Needed
To keep the payment at 28% of income
$43,819
Median Household Income
North Dakota: $76,657
7.0x
Price-to-Income Ratio
North Dakota: 3.3x
$738/mo
Median Owner Costs
Mortgage, taxes, insurance, utilities
$2,170/yr
Median Property Tax
North Dakota figure
20.8%
Owner Cost Burden
Owners spending 30%+ of income on housing
33.8%
Renter Cost Burden
Renters spending 30%+ of income on rent

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

How Milton Ranks in North Dakota

Cities with similar scores
#270Sibley95.6 #271Grand Forks94.4 #272Fargo90.8
#273Milton81.9
#274Esmond62.6
Least affordable in North Dakota
#270Sibley95.6 #271Grand Forks94.4 #272Fargo90.8
#273Milton81.9
#274Esmond62.6
Powered byMonitorBankRates

Cite the Milton Score

“MonitorBankRates (MBR) Housing Affordability Index, MonitorBankRates.com, October 30, 2026. Milton, North Dakota score: 81.9 (Moderately Less Affordable), ranked 273 of 274 North Dakota cities. monitorbankrates.com/housing-affordability-index/north-dakota/milton”