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These days, finding an affordable place to live in the Maloy area can be challenging. Home prices in Maloy are now at a median cost of $155,111, lower than the Iowa average of $226,062.
The average cost of rent is $763/mo in Maloy, primarily driven by the current value of real estate in the Maloy area. In Maloy, 17.92% of households rent, and 53.73% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Maloy is $6,098 per month. Households that rent pay about 12.52% of their income on rent here. Maloy’s most expensive areas are in the central regions, while the cheapest areas are in the western parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Benton, IA: equally priced homes
- Platteville, IA: less expensive homes
- Redding, IA: less expensive homes
- Blockton, IA: less expensive homes
- Delphos, IA: less expensive homes
- Clearfield, IA: less expensive homes
- Irena, MO: less expensive homes
- Diagonal, IA: equally priced homes
- Mount Ayr, IA: equally priced homes
- Conway, IA: less expensive homes
Cities with Similar Populations
- Gann Valley, SD: less expensive homes
- Golden Hill, MD: higher priced homes
- Woolsey, GA: higher priced homes
- Worden, AR: less expensive homes
- Glasgow, PA: higher priced homes
- Glasgow, OH: higher priced homes
- Worthville, PA: equally priced homes
- Geridge, AR: less expensive homes
- George Island Landing, MD: higher priced homes
- Garrison, PA: less expensive homes
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