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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

Neola, UT Housing Affordability Index

Neola, Utah has an MBR Housing Affordability Index score of 186.8 (Highly Affordable) as of October 30, 2026, ranking 5th most affordable of 253 scored Utah cities, compared with 90.8 statewide and 97.4 nationally. On a median-priced $173,900 home with 20% down, the Utah average 30-year fixed rate of 7.16% means a monthly principal and interest payment of about $941, or 11% of the city’s $101,875 median household income.

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

Neola MBR-HAI 186.8 Highly Affordable
Rank in Utah 5 of 253 1 = most affordable
Utah 90.8 Statewide score
National 97.4 100 = baseline
Avg 30-yr rate 7.16% Utah lenders
Median home value $173,900 U.S. Census Bureau

Neola is 96.0 points above the Utah score. Scores as of October 30, 2026. See the Utah index

View Neola Mortgage Rates

What It Takes to Buy in Neola

$941/mo
Principal & Interest
Median home, 20% down, 7.16%
$40,300
Income Needed
To keep the payment at 28% of income
$101,875
Median Household Income
Utah: $95,166
1.7x
Price-to-Income Ratio
Utah: 5.1x
$970/mo
Median Owner Costs
Mortgage, taxes, insurance, utilities
$1,815/yr
Median Property Tax
1.04% of median value
6.9%
Owner Cost Burden
Owners spending 30%+ of income on housing
45.7%
Renter Cost Burden
Renters spending 30%+ of income on rent

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

How Neola Ranks in Utah

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Cite the Neola Score

“MonitorBankRates (MBR) Housing Affordability Index, MonitorBankRates.com, October 30, 2026. Neola, Utah score: 186.8 (Highly Affordable), ranked 5 of 253 Utah cities. monitorbankrates.com/housing-affordability-index/utah/neola”