Mortgage Rates in Florissant, Missouri — March 2026
Updated March 2026 | Based on Florissant market data and regional lending conditions
Florissant is a growing city in Missouri with a population of 52,158. The current 30-year fixed mortgage rate in Florissant is 6.79%, which is 0.14% above the national average. With a median home price of $193,000 and a 20% down payment of $38,600, homebuyers can expect a monthly principal and interest payment of approximately $1,006.
Current Mortgage Rates in Florissant, MO
Below are the current average mortgage rates available in the Florissant area as of March 2026. Rates vary by lender, credit score, and loan-to-value ratio. Use our free calculator above to see your personalized estimate.
| Loan Type | Rate | National Avg | Difference |
|---|---|---|---|
| 30-Year Fixed | 6.79% | 6.65% | +0.14% |
| 15-Year Fixed | 6.02% | 5.89% | +0.13% |
| 5/1 ARM | 6.27% | 6.15% | +0.12% |
| FHA | 6.52% | 6.25% | +0.27% |
| VA | 6.27% | 6.05% | +0.22% |
| Jumbo | 7.04% | 6.85% | +0.19% |
Florissant Housing Market Overview
The Florissant housing market offers relatively affordable housing compared to many major cities. The median household income in Florissant is $50,600, and the cost of living index is 83.8 (national average = 100). Based on the 28% affordability rule, the median income in Florissant is sufficient to afford the median-priced home.
Monthly Payment Breakdown for Florissant
Based on the median home price of $193,000 with 20% down ($38,600), here is what you can expect to pay monthly in Florissant:
15-Year vs. 30-Year Mortgage in Florissant
Choosing a 15-year mortgage in Florissant at 6.02% instead of a 30-year at 6.79% would save you $127,260 in total interest over the life of the loan. However, your monthly payment would be $1,305 instead of $1,006 — an increase of $299 per month.
Calculate Your Florissant Mortgage Payment
Use our free calculator to get a personalized estimate based on your loan amount, interest rate, and term.
Open Free CalculatorFrequently Asked Questions About Mortgages in Florissant
What are the current mortgage rates in Florissant, MO?
As of March 2026, the average 30-year fixed mortgage rate in Florissant, Missouri is 6.79%, while the 15-year fixed rate is 6.02%. FHA loans average 6.52% and VA loans 6.27%. These rates are 0.14% above the national average of 6.65%.
How much is a monthly mortgage payment in Florissant?
Based on the median home price of $193,000 with 20% down, the estimated monthly mortgage payment in Florissant is $1,006 for principal and interest. Including property taxes of $151/month, the total monthly housing cost is approximately $1,157.
What income do I need to buy a home in Florissant?
Using the 28% rule, you would need an annual income of approximately $49,586 to afford the median-priced home in Florissant at $193,000. The median household income in Florissant is $50,600. The median income is currently sufficient to meet this threshold.
Is Florissant a good place to buy a home in 2026?
Florissant offers a below-average cost of living with a cost of living index of 83.8 (national average = 100). The property tax rate in Missouri is 0.94%, which is near the national average. Florissant has a population of 52,158 and offers a very affordable lifestyle.
Mortgage Rates in Other Missouri Cities
Related Tools & Guides
Last updated: March 2026. Rates are approximate averages based on regional lending data for the Florissant, Missouri area. Individual rates may vary by lender, credit score, loan amount, and other factors. Use our free calculator for a personalized estimate.