Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Malmo area can be challenging. Home prices in Malmo are now at a median cost of $177,953, lower than the Nebraska average of $188,542.
The average cost of rent is $759/mo in Malmo, primarily driven by the current value of real estate in the Malmo area. While nearly 41.63% of residents own their homes outright in Malmo, 17.79% rent.
Housing affordability isn’t just about home prices, though. The average household income in Malmo is $6,575 per month. Households that rent pay about 11.54% of their income on rent here. Malmo's most expensive areas are in the central regions, while the cheapest areas are in the northwestern parts of the city.
Nearby Cities
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- Cedar Bluffs, NE: higher priced homes
- Abie, NE: less expensive homes
- Mead, NE: equally priced homes
- Bruno, NE: less expensive homes
- Ithaca, NE: higher priced homes
Cities with Similar Populations
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- Blueball, MD: higher priced homes
- Blairsburg, IA: less expensive homes
- Blackwell, TX: less expensive homes
- Black, IL: less expensive homes
- Walloon Lake, MI: equally priced homes
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