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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

Grand Junction, TN Housing Affordability Index

Grand Junction, Tennessee has an MBR Housing Affordability Index score of 180.1 (Highly Affordable) as of October 30, 2026, ranking 45th most affordable of 380 scored Tennessee cities, compared with 103.7 statewide and 97.4 nationally. On a median-priced $130,000 home with 20% down, the Tennessee average 30-year fixed rate of 7.18% means a monthly principal and interest payment of about $705, or 14% of the city’s $62,083 median household income.

The MBR Housing Affordability Index (MBR-HAI) for Grand Junction is updated every night from live Tennessee 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.

Grand Junction MBR-HAI 180.1 Highly Affordable
Rank in Tennessee 45 of 380 1 = most affordable
Tennessee 103.7 Statewide score
National 97.4 100 = baseline
Avg 30-yr rate 7.18% Tennessee lenders
Median home value $130,000 U.S. Census Bureau

Grand Junction is 76.4 points above the Tennessee score. Scores as of October 30, 2026. See the Tennessee index

View Grand Junction Mortgage Rates

What It Takes to Buy in Grand Junction

$705/mo
Principal & Interest
Median home, 20% down, 7.18%
$30,200
Income Needed
To keep the payment at 28% of income
$62,083
Median Household Income
Tennessee: $69,595
2.1x
Price-to-Income Ratio
Tennessee: 4.1x
$842/mo
Median Owner Costs
Mortgage, taxes, insurance, utilities
$800/yr
Median Property Tax
0.62% of median value
25.3%
Owner Cost Burden
Owners spending 30%+ of income on housing
15.0%
Renter Cost Burden
Renters spending 30%+ of income on rent

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

Cite the Grand Junction Score

“MonitorBankRates (MBR) Housing Affordability Index, MonitorBankRates.com, October 30, 2026. Grand Junction, Tennessee score: 180.1 (Highly Affordable), ranked 45 of 380 Tennessee cities. monitorbankrates.com/housing-affordability-index/tennessee/grand-junction”