Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Malden area can be challenging. Home prices in Malden are now at a median cost of $280,788, higher than the Indiana average of $175,617.
The average cost of rent is $980/mo in Malden, primarily driven by the current value of real estate in the Malden area. While nearly 24.09% of residents own their homes outright in Malden, 7.10% rent.
Housing affordability isn’t just about home prices, though. The average household income in Malden is $8,044 per month. Households that rent pay about 12.18% of their income on rent here. Malden's most expensive areas are in the northern regions, while the cheapest areas are in the northwestern parts of the city.
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