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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 $96,933, lower than the Missouri average of $246,641.
The average cost of rent is $711/mo in Malden, primarily driven by the current value of real estate in the Malden area. In Malden, 45.25% of households rent, and 67.51% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Malden is $4,300 per month. Households that rent pay about 16.52% of their income on rent here. Malden’s most expensive areas are in the western regions, while the cheapest areas are in the southeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Bernie, MO: higher priced homes
- Campbell, MO: equally priced homes
- Clarkton, MO: less expensive homes
- Powe, MO: higher priced homes
- Glennonville, MO: higher priced homes
- Hartzell, MO: higher priced homes
- Gideon, MO: less expensive homes
- Parma, MO: less expensive homes
- Risco, MO: less expensive homes
- Gibson, MO: equally priced homes
Cities with Similar Populations
- Bay Harbor Islands, FL: higher priced homes
- Ball, LA: higher priced homes
- Southold, NY: higher priced homes
- Southampton, MA: higher priced homes
- Barboursville, VA: higher priced homes
- Barling, AR: higher priced homes
- Riverdale, CA: higher priced homes
- Bartonville, IL: higher priced homes
- Battlefield, MO: higher priced homes
- Baldwyn, MS: higher priced homes
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