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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

Scotland, TX Housing Affordability Index

Scotland, Texas has an MBR Housing Affordability Index score of 173.0 (Highly Affordable) as of October 30, 2026, ranking 231st most affordable of 1,229 scored Texas cities, compared with 99.2 statewide and 97.4 nationally. On a median-priced $141,500 home with 20% down, the Texas average 30-year fixed rate of 7.29% means a monthly principal and interest payment of about $776, or 13% of the city’s $70,521 median household income.

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

Scotland MBR-HAI 173.0 Highly Affordable
Rank in Texas 231 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 $141,500 U.S. Census Bureau

Scotland is 73.8 points above the Texas score. Scores as of October 30, 2026. See the Texas index

View Scotland Mortgage Rates

What It Takes to Buy in Scotland

$776/mo
Principal & Interest
Median home, 20% down, 7.29%
$33,200
Income Needed
To keep the payment at 28% of income
$70,521
Median Household Income
Texas: $78,476
2.0x
Price-to-Income Ratio
Texas: 3.6x
$683/mo
Median Owner Costs
Mortgage, taxes, insurance, utilities
$1,833/yr
Median Property Tax
1.30% of median value
30.1%
Owner Cost Burden
Owners spending 30%+ of income on housing
11.9%
Renter Cost Burden
Renters spending 30%+ of income on rent

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

Cite the Scotland Score

“MonitorBankRates (MBR) Housing Affordability Index, MonitorBankRates.com, October 30, 2026. Scotland, Texas score: 173.0 (Highly Affordable), ranked 231 of 1,229 Texas cities. monitorbankrates.com/housing-affordability-index/texas/scotland”