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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

Howard, WI Housing Affordability Index

Howard, Wisconsin has an MBR Housing Affordability Index score of 104.2 (Near National Average) as of October 30, 2026, ranking 559th most affordable of 695 scored Wisconsin cities, compared with 104.4 statewide and 97.4 nationally. On a median-priced $315,700 home with 20% down, the Wisconsin average 30-year fixed rate of 7.30% means a monthly principal and interest payment of about $1,731, or 24% of the city’s $85,477 median household income.

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

Howard MBR-HAI 104.2 Near National Average
Rank in Wisconsin 559 of 695 1 = most affordable
Wisconsin 104.4 Statewide score
National 97.4 100 = baseline
Avg 30-yr rate 7.30% Wisconsin lenders
Median home value $315,700 U.S. Census Bureau

Howard is 0.2 points below the Wisconsin score. Scores as of October 30, 2026. See the Wisconsin index

View Howard Mortgage Rates

See What You Can Afford in Howard, Wisconsin

Use this Howard, Wisconsin home affordability calculator to see how much house you can afford at today’s Wisconsin average 30-year mortgage rate of 7.30%. A household earning the Howard median income of $85,477, with no other debts and $63,000 down, can afford a home of about $290,965, compared with a median home value of $315,700. Buying the median priced home with 20% down takes a household income of about $94,300 once property tax and insurance are counted.

Howard median (Census)
Car, student loan, card minimums
Under 20% adds PMI
Wisconsin average, 30-year fixed
Howard median bill (Census)
Estimate; use your quote
You can afford a home up to
$290,965
Below the Howard median home value of $315,700
Loan amount$227,965
Principal & interest$1,563/mo
Property tax$310/mo
Home insurance$121/mo
PMI$0/mo
Total monthly payment$1,994/mo
Compare Howard Mortgage Rates

How much house can you afford in Howard?

Most lenders use two limits. Your housing payment, including principal, interest, property tax, homeowners insurance and any PMI, should stay under about 28% of your gross monthly income, and all of your monthly debt payments together should stay under about 36%. The calculator takes whichever limit is lower, then works backward from that payment to the most expensive home it covers at the current rate.

In Howard, property taxes run about 1.28% of a home’s value each year, based on the Census median tax bill, which counts against the same monthly budget as the mortgage. Each quarter point move in mortgage rates changes the price you can afford by roughly $4,573 for a median income household. A larger down payment, paying down other debts, or a lower rate from a local lender all raise your budget.

What It Takes to Buy in Howard

$1,731/mo
Principal & Interest
Median home, 20% down, 7.30%
$74,200
Income Needed
To keep principal and interest at 28% of income
$85,477
Median Household Income
Wisconsin: $77,485
3.7x
Price-to-Income Ratio
Wisconsin: 3.4x
$1,404/mo
Median Owner Costs
Mortgage, taxes, insurance, utilities
$4,035/yr
Median Property Tax
1.28% of median value
15.1%
Owner Cost Burden
Owners spending 30%+ of income on housing
36.1%
Renter Cost Burden
Renters spending 30%+ of income on rent

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

Cite the Howard Score

“MonitorBankRates (MBR) Housing Affordability Index, MonitorBankRates.com, October 30, 2026. Howard, Wisconsin score: 104.2 (Near National Average), ranked 559 of 695 Wisconsin cities. monitorbankrates.com/housing-affordability-index/wisconsin/howard”