Mortgage Rates in Upper Arlington, Ohio — March 2026
Updated March 2026 | Based on Upper Arlington market data and regional lending conditions
Upper Arlington is a growing city in Ohio with a population of 35,366. The current 30-year fixed mortgage rate in Upper Arlington is 6.62%, which is 0.03% below the national average. With a median home price of $185,000 and a 20% down payment of $37,000, homebuyers can expect a monthly principal and interest payment of approximately $947.
Current Mortgage Rates in Upper Arlington, OH
Below are the current average mortgage rates available in the Upper Arlington 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 | 6.62% | 6.65% | -0.03% |
| 15-Year Fixed | 5.89% | 5.89% | 0% |
| 5/1 ARM | 6.17% | 6.15% | +0.02% |
| FHA | 6.43% | 6.25% | +0.18% |
| VA | 6.18% | 6.05% | +0.13% |
| Jumbo | 6.87% | 6.85% | +0.02% |
Upper Arlington Housing Market Overview
The Upper Arlington housing market offers relatively affordable housing compared to many major cities. The median household income in Upper Arlington is $51,300, and the cost of living index is 86.5 (national average = 100). Based on the 28% affordability rule, the median income in Upper Arlington is sufficient to afford the median-priced home.
Monthly Payment Breakdown for Upper Arlington
Based on the median home price of $185,000 with 20% down ($37,000), here is what you can expect to pay monthly in Upper Arlington:
15-Year vs. 30-Year Mortgage in Upper Arlington
Choosing a 15-year mortgage in Upper Arlington at 5.89% instead of a 30-year at 6.62% would save you $117,720 in total interest over the life of the loan. However, your monthly payment would be $1,240 instead of $947 — an increase of $293 per month.
Calculate Your Upper Arlington 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 Upper Arlington
What are the current mortgage rates in Upper Arlington, OH?
As of March 2026, the average 30-year fixed mortgage rate in Upper Arlington, Ohio is 6.62%, while the 15-year fixed rate is 5.89%. FHA loans average 6.43% and VA loans 6.18%. These rates are 0.03% below the national average of 6.65%.
How much is a monthly mortgage payment in Upper Arlington?
Based on the median home price of $185,000 with 20% down, the estimated monthly mortgage payment in Upper Arlington is $947 for principal and interest. Including property taxes of $245/month, the total monthly housing cost is approximately $1,192.
What income do I need to buy a home in Upper Arlington?
Using the 28% rule, you would need an annual income of approximately $51,086 to afford the median-priced home in Upper Arlington at $185,000. The median household income in Upper Arlington is $51,300. The median income is currently sufficient to meet this threshold.
Is Upper Arlington a good place to buy a home in 2026?
Upper Arlington offers a below-average cost of living with a cost of living index of 86.5 (national average = 100). The property tax rate in Ohio is 1.59%, which is above the national average. Upper Arlington has a population of 35,366 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 Upper Arlington, Ohio area. Individual rates may vary by lender, credit score, loan amount, and other factors. Use our free calculator for a personalized estimate.