Mortgage Rates in Stow, Ohio — March 2026
Updated March 2026 | Based on Stow market data and regional lending conditions
Stow is a growing city in Ohio with a population of 34,770. The current 30-year fixed mortgage rate in Stow is 6.72%, which is 0.07% above the national average. With a median home price of $161,000 and a 20% down payment of $32,200, homebuyers can expect a monthly principal and interest payment of approximately $833.
Current Mortgage Rates in Stow, OH
Below are the current average mortgage rates available in the Stow 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 | 6.72% | 6.65% | +0.07% |
| 15-Year Fixed | 5.96% | 5.89% | +0.07% |
| 5/1 ARM | 6.23% | 6.15% | +0.08% |
| FHA | 6.48% | 6.25% | +0.23% |
| VA | 6.23% | 6.05% | +0.18% |
| Jumbo | 6.97% | 6.85% | +0.12% |
Stow Housing Market Overview
The Stow housing market offers relatively affordable housing compared to many major cities. The median household income in Stow is $47,700, and the cost of living index is 81.2 (national average = 100). Based on the 28% affordability rule, the median income in Stow is sufficient to afford the median-priced home.
Monthly Payment Breakdown for Stow
Based on the median home price of $161,000 with 20% down ($32,200), here is what you can expect to pay monthly in Stow:
15-Year vs. 30-Year Mortgage in Stow
Choosing a 15-year mortgage in Stow at 5.96% instead of a 30-year at 6.72% would save you $104,760 in total interest over the life of the loan. However, your monthly payment would be $1,084 instead of $833 — an increase of $251 per month.
Calculate Your Stow 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 Stow
What are the current mortgage rates in Stow, OH?
As of March 2026, the average 30-year fixed mortgage rate in Stow, Ohio is 6.72%, while the 15-year fixed rate is 5.96%. FHA loans average 6.48% and VA loans 6.23%. These rates are 0.07% above the national average of 6.65%.
How much is a monthly mortgage payment in Stow?
Based on the median home price of $161,000 with 20% down, the estimated monthly mortgage payment in Stow is $833 for principal and interest. Including property taxes of $207/month, the total monthly housing cost is approximately $1,040.
What income do I need to buy a home in Stow?
Using the 28% rule, you would need an annual income of approximately $44,571 to afford the median-priced home in Stow at $161,000. The median household income in Stow is $47,700. The median income is currently sufficient to meet this threshold.
Is Stow a good place to buy a home in 2026?
Stow offers a below-average cost of living with a cost of living index of 81.2 (national average = 100). The property tax rate in Ohio is 1.54%, which is above the national average. Stow has a population of 34,770 and offers a very affordable lifestyle.
Mortgage Rates in Other Ohio Cities
Related Tools & Guides
Last updated: March 2026. Rates are approximate averages based on regional lending data for the Stow, Ohio area. Individual rates may vary by lender, credit score, loan amount, and other factors. Use our free calculator for a personalized estimate.