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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

Gallatin, TX Housing Affordability Index

Gallatin, Texas has an MBR Housing Affordability Index score of 214.1 (Highly Affordable) as of October 30, 2026, ranking 82nd most affordable of 1,229 scored Texas cities, compared with 99.2 statewide and 97.4 nationally. On a median-priced $168,100 home with 20% down, the Texas average 30-year fixed rate of 7.29% means a monthly principal and interest payment of about $921, or 14% of the city’s $79,432 median household income.

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

Gallatin MBR-HAI 214.1 Highly Affordable
Rank in Texas 82 of 1,229 1 = most affordable
Texas 99.2 Statewide score
National 97.4 100 = baseline
Avg 30-yr rate 7.29% Texas lenders
Median home value $168,100 U.S. Census Bureau

Gallatin is 115.0 points above the Texas score. Scores as of October 30, 2026. See the Texas index

View Gallatin Mortgage Rates

What It Takes to Buy in Gallatin

$921/mo
Principal & Interest
Median home, 20% down, 7.29%
$39,500
Income Needed
To keep the payment at 28% of income
$79,432
Median Household Income
Texas: $78,476
2.1x
Price-to-Income Ratio
Texas: 3.6x
$638/mo
Median Owner Costs
Mortgage, taxes, insurance, utilities
$1,625/yr
Median Property Tax
0.97% of median value
2.4%
Owner Cost Burden
Owners spending 30%+ of income on housing
41.2%
Renter Cost Burden
Renters spending 30%+ of income on rent

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

Cite the Gallatin Score

“MonitorBankRates (MBR) Housing Affordability Index, MonitorBankRates.com, October 30, 2026. Gallatin, Texas score: 214.1 (Highly Affordable), ranked 82 of 1,229 Texas cities. monitorbankrates.com/housing-affordability-index/texas/gallatin”