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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 $269,926, lower than the Washington average of $621,115.
The average cost of rent is $1,115/mo in Malden, primarily driven by the current value of real estate in the Malden area. In Malden, 14.94% of households rent, and 44.39% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Malden is $4,922 per month. Households that rent pay about 22.65% of their income on rent here. Malden’s most expensive areas are in the northwestern regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Rosalia, WA: less expensive homes
- Thornton, WA: equally priced homes
- St. John, WA: less expensive homes
- Oakesdale, WA: equally priced homes
- Waverly, WA: higher priced homes
- Spangle, WA: higher priced homes
- Latah, WA: equally priced homes
- Steptoe, WA: equally priced homes
- Fairfield, WA: higher priced homes
- Belmont, WA: equally priced homes
Cities with Similar Populations
- Wallville, OK: less expensive homes
- Clover Creek, WA: higher priced homes
- Cloverland, IN: less expensive homes
- Coalton, IL: less expensive homes
- Coinjock, NC: equally priced homes
- Concan, TX: equally priced homes
- Culpeper, AR: less expensive homes
- Curryville, IN: equally priced homes
- Verona, TX: higher priced homes
- Walbo, MN: higher priced homes
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