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These days, finding an affordable place to live in the Malone area can be challenging. Home prices in Malone are now at a median cost of $97,189, lower than the Florida average of $396,783.
The average cost of rent is $643/mo in Malone, primarily driven by the current value of real estate in the Malone area. In Malone, 19.49% of households rent, and 55.29% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Malone is $5,382 per month. Households that rent pay about 11.95% of their income on rent here. Malone’s most expensive areas are in the southwestern 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
- Bascom, FL: higher priced homes
- Grangeburg, AL: equally priced homes
- Sills, FL: equally priced homes
- Greenwood, FL: higher priced homes
- Gordon, AL: higher priced homes
- Two Egg, FL: higher priced homes
- Lovedale, FL: higher priced homes
- Sealy Springs, AL: higher priced homes
- Cottonwood, AL: higher priced homes
- Jacobs, FL: less expensive homes
Cities with Similar Populations
- Crawford, TX: higher priced homes
- Penns Neck, NJ: higher priced homes
- Ardmore, TN: higher priced homes
- Lanark, IL: higher priced homes
- Lewisburg, KY: higher priced homes
- Malta, OH: higher priced homes
- Mansfield, MO: higher priced homes
- McKee, KY: higher priced homes
- Pagedale, MO: higher priced homes
- Pecos, NM: higher priced homes
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