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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

Midwest City, OK Housing Affordability Index

Midwest City, Oklahoma has an MBR Housing Affordability Index score of 117.9 (More Affordable Than Average) as of October 30, 2026, ranking 497th most affordable of 555 scored Oklahoma cities, compared with 117.4 statewide and 97.4 nationally. On a median-priced $164,500 home with 20% down, the Oklahoma average 30-year fixed rate of 7.31% means a monthly principal and interest payment of about $903, or 19% of the city’s $57,520 median household income.

The MBR Housing Affordability Index (MBR-HAI) for Midwest City is updated every night from live Oklahoma 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.

Midwest City MBR-HAI 117.9 More Affordable Than Average
Rank in Oklahoma 497 of 555 1 = most affordable
Oklahoma 117.4 Statewide score
National 97.4 100 = baseline
Avg 30-yr rate 7.31% Oklahoma lenders
Median home value $164,500 U.S. Census Bureau

Midwest City is 0.5 points above the Oklahoma score. Scores as of October 30, 2026. See the Oklahoma index

View Midwest City Mortgage Rates

What It Takes to Buy in Midwest City

$903/mo
Principal & Interest
Median home, 20% down, 7.31%
$38,700
Income Needed
To keep the payment at 28% of income
$57,520
Median Household Income
Oklahoma: $65,039
2.9x
Price-to-Income Ratio
Oklahoma: 3.1x
$957/mo
Median Owner Costs
Mortgage, taxes, insurance, utilities
$1,741/yr
Median Property Tax
1.06% of median value
25.3%
Owner Cost Burden
Owners spending 30%+ of income on housing
44.1%
Renter Cost Burden
Renters spending 30%+ of income on rent

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

Cite the Midwest City Score

“MonitorBankRates (MBR) Housing Affordability Index, MonitorBankRates.com, October 30, 2026. Midwest City, Oklahoma score: 117.9 (More Affordable Than Average), ranked 497 of 555 Oklahoma cities. monitorbankrates.com/housing-affordability-index/oklahoma/midwest-city”