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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

Payne, OH Housing Affordability Index

Payne, Ohio has an MBR Housing Affordability Index score of 177.7 (Highly Affordable) as of October 30, 2026, ranking 163rd most affordable of 981 scored Ohio cities, compared with 112.1 statewide and 97.4 nationally. On a median-priced $112,000 home with 20% down, the Ohio average 30-year fixed rate of 7.29% means a monthly principal and interest payment of about $613, or 12% of the city’s $63,438 median household income.

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

Payne MBR-HAI 177.7 Highly Affordable
Rank in Ohio 163 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 $112,000 U.S. Census Bureau

Payne is 65.6 points above the Ohio score. Scores as of October 30, 2026. See the Ohio index

View Payne Mortgage Rates

What It Takes to Buy in Payne

$613/mo
Principal & Interest
Median home, 20% down, 7.29%
$26,300
Income Needed
To keep the payment at 28% of income
$63,438
Median Household Income
Ohio: $71,389
1.8x
Price-to-Income Ratio
Ohio: 3.0x
$774/mo
Median Owner Costs
Mortgage, taxes, insurance, utilities
$1,257/yr
Median Property Tax
1.12% of median value
12.5%
Owner Cost Burden
Owners spending 30%+ of income on housing
24.6%
Renter Cost Burden
Renters spending 30%+ of income on rent

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

Cite the Payne Score

“MonitorBankRates (MBR) Housing Affordability Index, MonitorBankRates.com, October 30, 2026. Payne, Ohio score: 177.7 (Highly Affordable), ranked 163 of 981 Ohio cities. monitorbankrates.com/housing-affordability-index/ohio/payne”