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Affordable
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These days, finding an affordable place to live in the Malesus area can be challenging. Home prices in Malesus are now at a median cost of $168,336, lower than the Tennessee average of $315,131.
The average cost of rent is $1,329/mo in Malesus, primarily driven by the current value of real estate in the Malesus area. In Malesus, 17.35% of households rent, and 47.24% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Malesus is $5,332 per month. Households that rent pay about 24.93% of their income on rent here. Malesus’s most expensive areas are in the eastern regions, while the cheapest areas are in the northern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Madison Hall, TN: less expensive homes
- Medon, TN: less expensive homes
- Pinson, TN: less expensive homes
- East Union, TN: equally priced homes
- Parkburg, TN: equally priced homes
- Westover, TN: less expensive homes
- Jackson, TN: higher priced homes
- Denmark, TN: less expensive homes
- Beech Bluff, TN: higher priced homes
- Uptonville, TN: less expensive homes
Cities with Similar Populations
- Round Lake, NY: higher priced homes
- Oakville, VA: higher priced homes
- Olean, MO: higher priced homes
- Packwood, WA: higher priced homes
- Paint, PA: less expensive homes
- Pecan Grove, MS: less expensive homes
- Pine Grove, WV: less expensive homes
- Potter, WI: higher priced homes
- Printer, KY: less expensive homes
- Quebeck, TN: higher priced homes
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