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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

State College, PA Housing Affordability Index

State College, Pennsylvania has an MBR Housing Affordability Index score of 61.6 (Significantly Less Affordable) as of October 30, 2026, ranking 1325th most affordable of 1,325 scored Pennsylvania cities, compared with 108.3 statewide and 97.4 nationally. On a median-priced $437,800 home with 20% down, the Pennsylvania average 30-year fixed rate of 7.23% means a monthly principal and interest payment of about $2,385, or 63% of the city’s $45,424 median household income.

The MBR Housing Affordability Index (MBR-HAI) for State College is updated every night from live Pennsylvania 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.

State College MBR-HAI 61.6 Significantly Less Affordable
Rank in Pennsylvania 1,325 of 1,325 1 = most affordable
Pennsylvania 108.3 Statewide score
National 97.4 100 = baseline
Avg 30-yr rate 7.23% Pennsylvania lenders
Median home value $437,800 U.S. Census Bureau

State College is 46.7 points below the Pennsylvania score. Scores as of October 30, 2026. See the Pennsylvania index

View State College Mortgage Rates

What It Takes to Buy in State College

$2,385/mo
Principal & Interest
Median home, 20% down, 7.23%
$102,200
Income Needed
To keep the payment at 28% of income
$45,424
Median Household Income
Pennsylvania: $77,971
9.6x
Price-to-Income Ratio
Pennsylvania: 3.3x
$1,507/mo
Median Owner Costs
Mortgage, taxes, insurance, utilities
$4,969/yr
Median Property Tax
1.13% of median value
24.3%
Owner Cost Burden
Owners spending 30%+ of income on housing
61.6%
Renter Cost Burden
Renters spending 30%+ of income on rent

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

How State College Ranks in Pennsylvania

Cities with similar scores
#1,322West Chester74.1 #1,323Pardeesville73.9 #1,324White Mills73.0
#1,325State College61.6
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Cite the State College Score

“MonitorBankRates (MBR) Housing Affordability Index, MonitorBankRates.com, October 30, 2026. State College, Pennsylvania score: 61.6 (Significantly Less Affordable), ranked 1,325 of 1,325 Pennsylvania cities. monitorbankrates.com/housing-affordability-index/pennsylvania/state-college”