Valley City, ND Housing Affordability Index
Valley City, North Dakota has an MBR Housing Affordability Index score of 124.3 (Highly Affordable) as of October 30, 2026, ranking 232nd most affordable of 274 scored North Dakota cities, compared with 114.2 statewide and 97.4 nationally. On a median-priced $162,200 home with 20% down, the North Dakota average 30-year fixed rate of 7.28% means a monthly principal and interest payment of about $888, or 18% of the city’s $60,339 median household income.
The MBR Housing Affordability Index (MBR-HAI) for Valley City 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.
Valley City is 10.1 points above the North Dakota score. Scores as of October 30, 2026. See the North Dakota index
View Valley City Mortgage RatesSee What You Can Afford in Valley City, North Dakota
Use this Valley City, North Dakota home affordability calculator to see how much house you can afford at today’s North Dakota average 30-year mortgage rate of 7.28%. A household earning the Valley City median income of $60,339, with no other debts and $32,000 down, can afford a home of about $186,364, compared with a median home value of $162,200. Buying the median priced home with 20% down takes a household income of about $48,800 once property tax and insurance are counted.
| Loan amount | $154,364 |
| Principal & interest | $1,056/mo |
| Property tax | $210/mo |
| Home insurance | $78/mo |
| PMI | $64/mo |
| Total monthly payment | $1,408/mo |
How much house can you afford in Valley City?
Most lenders use two limits. Your housing payment, including principal, interest, property tax, homeowners insurance and any PMI, should stay under about 28% of your gross monthly income, and all of your monthly debt payments together should stay under about 36%. The calculator takes whichever limit is lower, then works backward from that payment to the most expensive home it covers at the current rate.
In Valley City, property taxes run about 1.35% of a home’s value each year, based on the Census median tax bill, which counts against the same monthly budget as the mortgage. Each quarter point move in mortgage rates changes the price you can afford by roughly $2,935 for a median income household. A larger down payment, paying down other debts, or a lower rate from a local lender all raise your budget.
What It Takes to Buy in Valley City
Source: U.S. Census Bureau American Community Survey 5-Year Estimates (2024) for Valley City, North Dakota. The rate is the North Dakota average 30-year fixed rate from MonitorBankRates, since lenders publish rates by state.
How Valley City Ranks in North Dakota
Cite the Valley City Score
Explore Further
Scores update each morning, computed from rate data captured the previous night. Score of 100 = national average at a 6.5% reference rate.
