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

Morrow, OH Housing Affordability Index

Morrow, Ohio has an MBR Housing Affordability Index score of 98.1 (Near National Average) as of October 30, 2026, ranking 937th most affordable of 981 scored Ohio cities, compared with 112.1 statewide and 97.4 nationally. On a median-priced $302,900 home with 20% down, the Ohio average 30-year fixed rate of 7.29% means a monthly principal and interest payment of about $1,659, or 24% of the city’s $82,260 median household income.

The MBR Housing Affordability Index (MBR-HAI) for Morrow is updated every night from live Ohio 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.

Morrow MBR-HAI 98.1 Near National Average
Rank in Ohio 937 of 981 1 = most affordable
Ohio 112.1 Statewide score
National 97.4 100 = baseline
Avg 30-yr rate 7.29% Ohio lenders
Median home value $302,900 U.S. Census Bureau

Morrow is 14.0 points below the Ohio score. Scores as of October 30, 2026. See the Ohio index

View Morrow Mortgage Rates

What It Takes to Buy in Morrow

$1,659/mo
Principal & Interest
Median home, 20% down, 7.29%
$71,100
Income Needed
To keep the payment at 28% of income
$82,260
Median Household Income
Ohio: $71,389
3.7x
Price-to-Income Ratio
Ohio: 3.0x
$1,584/mo
Median Owner Costs
Mortgage, taxes, insurance, utilities
$2,730/yr
Median Property Tax
0.90% of median value
22.7%
Owner Cost Burden
Owners spending 30%+ of income on housing
44.3%
Renter Cost Burden
Renters spending 30%+ of income on rent

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

Cite the Morrow Score

“MonitorBankRates (MBR) Housing Affordability Index, MonitorBankRates.com, October 30, 2026. Morrow, Ohio score: 98.1 (Near National Average), ranked 937 of 981 Ohio cities. monitorbankrates.com/housing-affordability-index/ohio/morrow”