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 $104,371, lower than the Ohio average of $181,280.
The average cost of rent is $693/mo in Malta, primarily driven by the current value of real estate in the Malta area. While nearly 59.52% of residents own their homes outright in Malta, 21.68% rent.
Housing affordability isn’t just about home prices, though. The average household income in Malta is $3,504 per month. Households that rent pay about 19.77% of their income on rent here. Malta's most expensive areas are in the western regions, while the cheapest areas are in the eastern parts of the city.
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Cities with Similar Populations
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- Riverside, AL: higher priced homes
- Salem, AR: less expensive homes
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