MonitorBankRates
☰
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

Clayville, RI Housing Affordability Index

Clayville, Rhode Island has an MBR Housing Affordability Index score of 114.0 (More Affordable Than Average) as of October 30, 2026, ranking 3rd most affordable of 24 scored Rhode Island cities, compared with 81.2 statewide and 97.4 nationally. On a median-priced $390,000 home with 20% down, the Rhode Island average 30-year fixed rate of 7.24% means a monthly principal and interest payment of about $2,127, or 20% of the city’s $125,174 median household income.

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

Clayville MBR-HAI 114.0 More Affordable Than Average
Rank in Rhode Island 3 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 $390,000 U.S. Census Bureau

Clayville is 32.8 points above the Rhode Island score. Scores as of October 30, 2026. See the Rhode Island index

View Clayville Mortgage Rates

What It Takes to Buy in Clayville

$2,127/mo
Principal & Interest
Median home, 20% down, 7.24%
$91,200
Income Needed
To keep the payment at 28% of income
$125,174
Median Household Income
Rhode Island: $87,796
3.1x
Price-to-Income Ratio
Rhode Island: 4.6x
$998/mo
Median Owner Costs
Mortgage, taxes, insurance, utilities
$4,813/yr
Median Property Tax
1.23% of median value
47.8%
Owner Cost Burden
Owners spending 30%+ of income on housing
48.4%
Renter Cost Burden
Renters spending 30%+ of income on rent

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

How Clayville Ranks in Rhode Island

Cities with similar scores
#1Bradford122.2 #2Carolina115.4
#3Clayville114.0
#4Ashaway112.4 #5Pascoag105.7 #6Harmony105.5
Powered byMonitorBankRates

Cite the Clayville Score

“MonitorBankRates (MBR) Housing Affordability Index, MonitorBankRates.com, October 30, 2026. Clayville, Rhode Island score: 114.0 (More Affordable Than Average), ranked 3 of 24 Rhode Island cities. monitorbankrates.com/housing-affordability-index/rhode-island/clayville”