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 $271,344, lower than the New York average of $481,023.
The average cost of rent is $1,518/mo in Malta, primarily driven by the current value of real estate in the Malta area. While nearly 22.55% of residents own their homes outright in Malta, 20.96% rent.
Housing affordability isn’t just about home prices, though. The average household income in Malta is $9,809 per month. Households that rent pay about 15.48% of their income on rent here. Malta's most expensive areas are in the northeastern regions, while the cheapest areas are in the western parts of the city.
Nearby Cities
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Cities with Similar Populations
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