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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

Bradford, RI Housing Affordability Index

Bradford, Rhode Island has an MBR Housing Affordability Index score of 122.2 (Highly Affordable) as of October 30, 2026, ranking 1st most affordable of 24 scored Rhode Island cities, compared with 81.2 statewide and 97.4 nationally. On a median-priced $418,100 home with 20% down, the Rhode Island average 30-year fixed rate of 7.24% means a monthly principal and interest payment of about $2,280, or 23% of the city’s $120,250 median household income.

The MBR Housing Affordability Index (MBR-HAI) for Bradford is updated every night from live Rhode Island 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.

Bradford MBR-HAI 122.2 Highly Affordable
Rank in Rhode Island 1 of 24 1 = most affordable
Rhode Island 81.2 Statewide score
National 97.4 100 = baseline
Avg 30-yr rate 7.24% Rhode Island lenders
Median home value $418,100 U.S. Census Bureau

Bradford is 40.9 points above the Rhode Island score. Scores as of October 30, 2026. See the Rhode Island index

View Bradford Mortgage Rates

What It Takes to Buy in Bradford

$2,280/mo
Principal & Interest
Median home, 20% down, 7.24%
$97,700
Income Needed
To keep the payment at 28% of income
$120,250
Median Household Income
Rhode Island: $87,796
3.5x
Price-to-Income Ratio
Rhode Island: 4.6x
$1,943/mo
Median Owner Costs
Mortgage, taxes, insurance, utilities
$2,774/yr
Median Property Tax
0.66% of median value
5.2%
Owner Cost Burden
Owners spending 30%+ of income on housing
58.4%
Renter Cost Burden
Renters spending 30%+ of income on rent

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

How Bradford Ranks in Rhode Island

Cities with similar scores
#1Bradford122.2
#2Carolina115.4 #3Clayville114.0 #4Ashaway112.4
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Cite the Bradford Score

“MonitorBankRates (MBR) Housing Affordability Index, MonitorBankRates.com, October 30, 2026. Bradford, Rhode Island score: 122.2 (Highly Affordable), ranked 1 of 24 Rhode Island cities. monitorbankrates.com/housing-affordability-index/rhode-island/bradford”