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Affordable
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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 $153,115, lower than the Ohio average of $236,816.
The average cost of rent is $785/mo in Malta, primarily driven by the current value of real estate in the Malta area. In Malta, 17.12% of households rent, and 62.31% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Malta is $4,366 per month. Households that rent pay about 17.99% of their income on rent here. Malta’s most expensive areas are in the central regions, while the cheapest areas are in the southeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Morgansville, OH: equally priced homes
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Cities with Similar Populations
- Sanbornville, NH: higher priced homes
- Freer, TX: higher priced homes
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- Point Blank, TX: higher priced homes
- Riverside, AL: higher priced homes
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