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

Bainbridge Island, WA Housing Affordability Index

Bainbridge Island, Washington has an MBR Housing Affordability Index score of 77.0 (Moderately Less Affordable) as of October 30, 2026, ranking 304th most affordable of 347 scored Washington cities, compared with 82.2 statewide and 97.4 nationally. On a median-priced $1,155,900 home with 20% down, a jumbo loan at 7.57% means a monthly principal and interest payment of about $6,508, or 45% of the city’s $172,188 median household income.

The MBR Housing Affordability Index (MBR-HAI) for Bainbridge Island is updated every night from live Washington 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.

Bainbridge Island MBR-HAI 77.0 Moderately Less Affordable
Rank in Washington 304 of 347 1 = most affordable
Washington 82.2 Statewide score
National 97.4 100 = baseline
Avg 30-yr rate 7.32% Washington lenders
Median home value $1,155,900 U.S. Census Bureau

Bainbridge Island is 5.2 points below the Washington score. Scores as of October 30, 2026. See the Washington index

View Bainbridge Island Mortgage Rates

What It Takes to Buy in Bainbridge Island

$6,508/mo
Principal & Interest
Median home, 20% down, 7.57% jumbo
$278,900
Income Needed
To keep the payment at 28% of income
$172,188
Median Household Income
Washington: $98,141
6.7x
Price-to-Income Ratio
Washington: 5.8x
$2,755/mo
Median Owner Costs
Mortgage, taxes, insurance, utilities
$8,647/yr
Median Property Tax
0.75% of median value
26.1%
Owner Cost Burden
Owners spending 30%+ of income on housing
41.6%
Renter Cost Burden
Renters spending 30%+ of income on rent

Source: U.S. Census Bureau American Community Survey 5-Year Estimates (2024) for Bainbridge Island, Washington. The rate is the Washington average 30-year fixed rate from MonitorBankRates, since lenders publish rates by state. A 20% down loan on the median home here is above the $832,750 conforming limit, so the index adds 0.25% for jumbo pricing.

How Bainbridge Island Ranks in Washington

Powered byMonitorBankRates

Cite the Bainbridge Island Score

“MonitorBankRates (MBR) Housing Affordability Index, MonitorBankRates.com, October 30, 2026. Bainbridge Island, Washington score: 77.0 (Moderately Less Affordable), ranked 304 of 347 Washington cities. monitorbankrates.com/housing-affordability-index/washington/bainbridge-island”