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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

Elmira, OR Housing Affordability Index

Elmira, Oregon has an MBR Housing Affordability Index score of 98.7 (Near National Average) as of October 30, 2026, ranking 87th most affordable of 267 scored Oregon cities, compared with 78.0 statewide and 97.4 nationally. On a median-priced $315,200 home with 20% down, the Oregon average 30-year fixed rate of 7.28% means a monthly principal and interest payment of about $1,726, or 34% of the city’s $60,897 median household income.

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

Elmira MBR-HAI 98.7 Near National Average
Rank in Oregon 87 of 267 1 = most affordable
Oregon 78.0 Statewide score
National 97.4 100 = baseline
Avg 30-yr rate 7.28% Oregon lenders
Median home value $315,200 U.S. Census Bureau

Elmira is 20.7 points above the Oregon score. Scores as of October 30, 2026. See the Oregon index

View Elmira Mortgage Rates

What It Takes to Buy in Elmira

$1,726/mo
Principal & Interest
Median home, 20% down, 7.28%
$74,000
Income Needed
To keep the payment at 28% of income
$60,897
Median Household Income
Oregon: $83,011
5.2x
Price-to-Income Ratio
Oregon: 5.8x
$639/mo
Median Owner Costs
Mortgage, taxes, insurance, utilities
$3,111/yr
Median Property Tax
0.99% of median value
30.0%
Owner Cost Burden
Owners spending 30%+ of income on housing
20.5%
Renter Cost Burden
Renters spending 30%+ of income on rent

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

Cite the Elmira Score

“MonitorBankRates (MBR) Housing Affordability Index, MonitorBankRates.com, October 30, 2026. Elmira, Oregon score: 98.7 (Near National Average), ranked 87 of 267 Oregon cities. monitorbankrates.com/housing-affordability-index/oregon/elmira”