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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

Powers Lake, ND Housing Affordability Index

Powers Lake, North Dakota has an MBR Housing Affordability Index score of 142.4 (Highly Affordable) as of October 30, 2026, ranking 199th most affordable of 274 scored North Dakota cities, compared with 114.2 statewide and 97.4 nationally. On a median-priced $232,100 home with 20% down, the North Dakota average 30-year fixed rate of 7.28% means a monthly principal and interest payment of about $1,271, or 19% of the city’s $79,397 median household income.

The MBR Housing Affordability Index (MBR-HAI) for Powers Lake 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.

Powers Lake MBR-HAI 142.4 Highly Affordable
Rank in North Dakota 199 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 $232,100 U.S. Census Bureau

Powers Lake is 28.1 points above the North Dakota score. Scores as of October 30, 2026. See the North Dakota index

View Powers Lake Mortgage Rates

What It Takes to Buy in Powers Lake

$1,271/mo
Principal & Interest
Median home, 20% down, 7.28%
$54,500
Income Needed
To keep the payment at 28% of income
$79,397
Median Household Income
North Dakota: $76,657
2.9x
Price-to-Income Ratio
North Dakota: 3.3x
$755/mo
Median Owner Costs
Mortgage, taxes, insurance, utilities
$1,031/yr
Median Property Tax
0.44% of median value
20.8%
Owner Cost Burden
Owners spending 30%+ of income on housing
27.3%
Renter Cost Burden
Renters spending 30%+ of income on rent

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

How Powers Lake Ranks in North Dakota

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Cite the Powers Lake Score

“MonitorBankRates (MBR) Housing Affordability Index, MonitorBankRates.com, October 30, 2026. Powers Lake, North Dakota score: 142.4 (Highly Affordable), ranked 199 of 274 North Dakota cities. monitorbankrates.com/housing-affordability-index/north-dakota/powers-lake”