Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Malcolm area can be challenging. Home prices in Malcolm are now at a median cost of $104,300, lower than the Alabama average of $185,232.
The average cost of rent is $601/mo in Malcolm, primarily driven by the current value of real estate in the Malcolm area. While nearly 72.58% of residents own their homes outright in Malcolm, 0.85% rent.
Housing affordability isn’t just about home prices, though. The average household income in Malcolm is $4,200 per month. Households that rent pay about 14.32% of their income on rent here. Malcolm's most expensive areas are in the western regions, while the cheapest areas are in the eastern parts of the city.
Nearby Cities
- Calvert, AL: equally priced homes
- McIntosh, AL: higher priced homes
- Fairford, AL: higher priced homes
- Sims Chapel, AL: higher priced homes
- Hawthorn, AL: higher priced homes
- Tensaw, AL: higher priced homes
- Sunflower, AL: higher priced homes
- Mount Pleasant, AL: higher priced homes
- Little River, AL: higher priced homes
- Seaboard, AL: higher priced homes
Cities with Similar Populations
- Brunsville, IA: higher priced homes
- Wetzel, MI: higher priced homes
- Caney, AR: higher priced homes
- Camp Leach, NC: higher priced homes
- Burket, IN: higher priced homes
- Burdick, KY: higher priced homes
- Burdette, IA: equally priced homes
- Bunk Foss, WA: higher priced homes
- Bryantsville, KY: less expensive homes
- Wheeling, IN: less expensive homes
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