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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

Lone Oak, TX Housing Affordability Index

Lone Oak, Texas has an MBR Housing Affordability Index score of 136.0 (Highly Affordable) as of October 30, 2026, ranking 476th most affordable of 1,229 scored Texas cities, compared with 99.2 statewide and 97.4 nationally. On a median-priced $168,000 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 17% of the city’s $65,500 median household income.

The MBR Housing Affordability Index (MBR-HAI) for Lone Oak 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.

Lone Oak MBR-HAI 136.0 Highly Affordable
Rank in Texas 476 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 $168,000 U.S. Census Bureau

Lone Oak is 36.9 points above the Texas score. Scores as of October 30, 2026. See the Texas index

View Lone Oak Mortgage Rates

What It Takes to Buy in Lone Oak

$921/mo
Principal & Interest
Median home, 20% down, 7.29%
$39,500
Income Needed
To keep the payment at 28% of income
$65,500
Median Household Income
Texas: $78,476
2.6x
Price-to-Income Ratio
Texas: 3.6x
$990/mo
Median Owner Costs
Mortgage, taxes, insurance, utilities
$2,361/yr
Median Property Tax
1.41% of median value
21.3%
Owner Cost Burden
Owners spending 30%+ of income on housing
20.9%
Renter Cost Burden
Renters spending 30%+ of income on rent

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

Cite the Lone Oak Score

“MonitorBankRates (MBR) Housing Affordability Index, MonitorBankRates.com, October 30, 2026. Lone Oak, Texas score: 136.0 (Highly Affordable), ranked 476 of 1,229 Texas cities. monitorbankrates.com/housing-affordability-index/texas/lone-oak”