Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Malta area can be challenging. Home prices in Malta are now at a median cost of $139,912, lower than the Montana average of $298,413.
The average cost of rent is $517/mo in Malta, primarily driven by the current value of real estate in the Malta area. While nearly 53.99% of residents own their homes outright in Malta, 22.57% rent.
Housing affordability isn’t just about home prices, though. The average household income in Malta is $4,106 per month. Households that rent pay about 12.60% of their income on rent here. Malta's most expensive areas are in the northwestern regions, while the cheapest areas are in the southern parts of the city.
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