Mortgage Rates in Monroeville, Pennsylvania — March 2026
Updated March 2026 | Based on Monroeville market data and regional lending conditions
Monroeville is a growing city in Pennsylvania with a population of 27,845. The current 30-year fixed mortgage rate in Monroeville is 6.78%, which is 0.13% above the national average. With a median home price of $242,000 and a 20% down payment of $48,400, homebuyers can expect a monthly principal and interest payment of approximately $1,260.
Current Mortgage Rates in Monroeville, PA
Below are the current average mortgage rates available in the Monroeville 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 | 6.78% | 6.65% | +0.13% |
| 15-Year Fixed | 6.01% | 5.89% | +0.12% |
| 5/1 ARM | 6.27% | 6.15% | +0.12% |
| FHA | 6.51% | 6.25% | +0.26% |
| VA | 6.26% | 6.05% | +0.21% |
| Jumbo | 7.03% | 6.85% | +0.18% |
Monroeville Housing Market Overview
The Monroeville housing market offers relatively affordable housing compared to many major cities. The median household income in Monroeville is $58,200, and the cost of living index is 87.7 (national average = 100). Based on the 28% affordability rule, you would need an income of approximately $66,086 to comfortably afford the median-priced home in Monroeville, which exceeds the current median household income.
Monthly Payment Breakdown for Monroeville
Based on the median home price of $242,000 with 20% down ($48,400), here is what you can expect to pay monthly in Monroeville:
15-Year vs. 30-Year Mortgage in Monroeville
Choosing a 15-year mortgage in Monroeville at 6.01% instead of a 30-year at 6.78% would save you $159,300 in total interest over the life of the loan. However, your monthly payment would be $1,635 instead of $1,260 — an increase of $375 per month.
Calculate Your Monroeville Mortgage Payment
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Open Free CalculatorFrequently Asked Questions About Mortgages in Monroeville
What are the current mortgage rates in Monroeville, PA?
As of March 2026, the average 30-year fixed mortgage rate in Monroeville, Pennsylvania is 6.78%, while the 15-year fixed rate is 6.01%. FHA loans average 6.51% and VA loans 6.26%. These rates are 0.13% above the national average of 6.65%.
How much is a monthly mortgage payment in Monroeville?
Based on the median home price of $242,000 with 20% down, the estimated monthly mortgage payment in Monroeville is $1,260 for principal and interest. Including property taxes of $282/month, the total monthly housing cost is approximately $1,542.
What income do I need to buy a home in Monroeville?
Using the 28% rule, you would need an annual income of approximately $66,086 to afford the median-priced home in Monroeville at $242,000. The median household income in Monroeville is $58,200. This means most households would need to either earn above the median or consider homes below $242,000.
Is Monroeville a good place to buy a home in 2026?
Monroeville offers a below-average cost of living with a cost of living index of 87.7 (national average = 100). The property tax rate in Pennsylvania is 1.4%, which is near the national average. Monroeville has a population of 27,845 and offers a very affordable lifestyle.
Mortgage Rates in Other Pennsylvania Cities
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Last updated: March 2026. Rates are approximate averages based on regional lending data for the Monroeville, Pennsylvania area. Individual rates may vary by lender, credit score, loan amount, and other factors. Use our free calculator for a personalized estimate.