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

Little Elm, TX Housing Affordability Index

Little Elm, Texas has an MBR Housing Affordability Index score of 98.2 (Near National Average) as of October 30, 2026, ranking 1035th most affordable of 1,229 scored Texas cities, compared with 99.2 statewide and 97.4 nationally. On a median-priced $420,700 home with 20% down, the Texas average 30-year fixed rate of 7.29% means a monthly principal and interest payment of about $2,306, or 23% of the city’s $119,219 median household income.

The MBR Housing Affordability Index (MBR-HAI) for Little Elm 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.

Little Elm MBR-HAI 98.2 Near National Average
Rank in Texas 1,035 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 $420,700 U.S. Census Bureau

Little Elm is 1.0 points below the Texas score. Scores as of October 30, 2026. See the Texas index

View Little Elm Mortgage Rates

What It Takes to Buy in Little Elm

$2,306/mo
Principal & Interest
Median home, 20% down, 7.29%
$98,800
Income Needed
To keep the payment at 28% of income
$119,219
Median Household Income
Texas: $78,476
3.5x
Price-to-Income Ratio
Texas: 3.6x
$2,434/mo
Median Owner Costs
Mortgage, taxes, insurance, utilities
$7,871/yr
Median Property Tax
1.87% of median value
28.5%
Owner Cost Burden
Owners spending 30%+ of income on housing
42.2%
Renter Cost Burden
Renters spending 30%+ of income on rent

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

Cite the Little Elm Score

“MonitorBankRates (MBR) Housing Affordability Index, MonitorBankRates.com, October 30, 2026. Little Elm, Texas score: 98.2 (Near National Average), ranked 1,035 of 1,229 Texas cities. monitorbankrates.com/housing-affordability-index/texas/little-elm”