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Affordable
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These days, finding an affordable place to live in the Malo area can be challenging. Home prices in Malo are now at a median cost of $339,209, lower than the Washington average of $621,115.
The average cost of rent is $719/mo in Malo, primarily driven by the current value of real estate in the Malo area. In Malo, 6.73% of households rent, and 61.95% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Malo is $5,252 per month. Households that rent pay about 13.70% of their income on rent here. Malo’s most expensive areas are in the southern regions, while the cheapest areas are in the eastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Curlew, WA: equally priced homes
- Republic, WA: less expensive homes
- Danville, WA: equally priced homes
- Wauconda, WA: less expensive homes
- Orient, WA: less expensive homes
- Boyds, WA: less expensive homes
- Laurier, WA: less expensive homes
- Marcus, WA: equally priced homes
- Kettle Falls, WA: equally priced homes
- Evans, WA: equally priced homes
Cities with Similar Populations
- Adona, AR: less expensive homes
- Williamsville, MA: higher priced homes
- Beaver Falls, NY: less expensive homes
- Beatrice, AL: less expensive homes
- Wisconsin Junction, WI: less expensive homes
- Bakertown, IN: equally priced homes
- Bakersfield, MO: less expensive homes
- Ashford, WA: equally priced homes
- Anneta, KY: less expensive homes
- Annapolis, MO: less expensive homes
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