The Most Affordable Neighborhoods in Malcolm, NE by Home Value

 

Malcolm, NE Map of Most Affordable Neighborhoods
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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 $303,005, higher than the Nebraska average of $188,542.

The average cost of rent is $949/mo in Malcolm, primarily driven by the current value of real estate in the Malcolm area. While nearly 36.01% of residents own their homes outright in Malcolm, 23.72% rent.

Housing affordability isn’t just about home prices, though. The average household income in Malcolm is $6,688 per month. Households that rent pay about 14.19% of their income on rent here. Malcolm's most expensive areas are in the central regions, while the cheapest areas are in the northeastern parts of the city.


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