Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Malcom area can be challenging. Home prices in Malcom are now at a median cost of $136,877, lower than the Iowa average of $182,666.
The average cost of rent is $743/mo in Malcom, primarily driven by the current value of real estate in the Malcom area. While nearly 61.41% of residents own their homes outright in Malcom, 29.01% rent.
Housing affordability isn’t just about home prices, though. The average household income in Malcom is $5,451 per month. Households that rent pay about 13.63% of their income on rent here. Malcom's most expensive areas are in the northeastern regions, while the cheapest areas are in the eastern parts of the city.
Nearby Cities
- Brooklyn, IA: equally priced homes
- Sheridan, IA: higher priced homes
- Montezuma, IA: higher priced homes
- Grinnell, IA: higher priced homes
- Guernsey, IA: less expensive homes
- Hartwick, IA: higher priced homes
- Searsboro, IA: higher priced homes
- Oakland Acres, IA: higher priced homes
- Victor, IA: less expensive homes
- Newburg, IA: higher priced homes
Cities with Similar Populations
- Wilmont, MN: higher priced homes
- Winterstown, PA: higher priced homes
- Yelvington, KY: higher priced homes
- Basalt, ID: higher priced homes
- Paradise, MT: higher priced homes
- Okahumpka, FL: higher priced homes
- Omaha, VA: less expensive homes
- Opole, MN: higher priced homes
- Osage, TX: higher priced homes
- Osceola, WA: higher priced homes
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