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

Oxford, OH Housing Affordability Index

Oxford, Ohio has an MBR Housing Affordability Index score of 91.8 (Near National Average) as of October 30, 2026, ranking 962nd most affordable of 981 scored Ohio cities, compared with 112.1 statewide and 97.4 nationally. On a median-priced $238,000 home with 20% down, the Ohio average 30-year fixed rate of 7.29% means a monthly principal and interest payment of about $1,304, or 38% of the city’s $40,764 median household income.

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

Oxford MBR-HAI 91.8 Near National Average
Rank in Ohio 962 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 $238,000 U.S. Census Bureau

Oxford is 20.3 points below the Ohio score. Scores as of October 30, 2026. See the Ohio index

View Oxford Mortgage Rates

See What You Can Afford in Oxford, Ohio

Use this Oxford, Ohio home affordability calculator to see how much house you can afford at today’s Ohio average 30-year mortgage rate of 7.29%. A household earning the Oxford median income of $40,764, with no other debts and $48,000 down, can afford a home of about $155,659, compared with a median home value of $238,000. Buying the median priced home with 20% down takes a household income of about $69,900 once property tax and insurance are counted.

Oxford median (Census)
Car, student loan, card minimums
Under 20% adds PMI
Ohio average, 30-year fixed
Oxford median bill (Census)
Estimate; use your quote
You can afford a home up to
$155,659
Below the Oxford median home value of $238,000
Loan amount$107,659
Principal & interest$737/mo
Property tax$149/mo
Home insurance$65/mo
PMI$0/mo
Total monthly payment$951/mo
Compare Oxford Mortgage Rates

How much house can you afford in Oxford?

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 Oxford, property taxes run about 1.15% 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 $2,189 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 Oxford

$1,304/mo
Principal & Interest
Median home, 20% down, 7.29%
$55,900
Income Needed
To keep principal and interest at 28% of income
$40,764
Median Household Income
Ohio: $71,389
5.8x
Price-to-Income Ratio
Ohio: 3.0x
$926/mo
Median Owner Costs
Mortgage, taxes, insurance, utilities
$2,728/yr
Median Property Tax
1.15% of median value
6.8%
Owner Cost Burden
Owners spending 30%+ of income on housing
58.1%
Renter Cost Burden
Renters spending 30%+ of income on rent

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

Cite the Oxford Score

“MonitorBankRates (MBR) Housing Affordability Index, MonitorBankRates.com, October 30, 2026. Oxford, Ohio score: 91.8 (Near National Average), ranked 962 of 981 Ohio cities. monitorbankrates.com/housing-affordability-index/ohio/oxford”