Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Malabar area can be challenging. Home prices in Malabar are now at a median cost of $328,769, higher than the Florida average of $278,762.
The average cost of rent is $1,267/mo in Malabar, primarily driven by the current value of real estate in the Malabar area. While nearly 43.75% of residents own their homes outright in Malabar, 7.96% rent.
Housing affordability isn’t just about home prices, though. The average household income in Malabar is $6,595 per month. Households that rent pay about 19.22% of their income on rent here. Malabar's most expensive areas are in the southwestern regions, while the cheapest areas are in the southeastern parts of the city.
Nearby Cities
- Melbourne Beach, FL: higher priced homes
- Palm Bay, FL: less expensive homes
- Grant-Valkaria, FL: equally priced homes
- West Melbourne, FL: less expensive homes
- Melbourne Village, FL: less expensive homes
- Micco, FL: less expensive homes
- Roseland, FL: less expensive homes
- Lake Marian Highlands, FL: less expensive homes
- Kenansville, FL: less expensive homes
- Fedhaven, FL: less expensive homes
Cities with Similar Populations
- Alvord, TX: less expensive homes
- Georgetown, CA: equally priced homes
- Gloucester Courthouse, VA: less expensive homes
- Harborcreek, PA: less expensive homes
- Indianola, WA: higher priced homes
- Jellico, TN: less expensive homes
- Summerford, OH: equally priced homes
- New Madrid, MO: less expensive homes
- North Catasauqua, PA: less expensive homes
- North Conway, NH: equally priced homes
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