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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 $215,896, lower than the Pennsylvania average of $288,156.
The average cost of rent is $760/mo in Malta, primarily driven by the current value of real estate in the Malta area. In Malta, 24.03% of households rent, and 54.88% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Malta is $5,766 per month. Households that rent pay about 13.18% 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
- Dalmatia, PA: equally priced homes
- Liverpool, PA: equally priced homes
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- Oriental, PA: higher priced homes
- Pillow, PA: equally priced homes
- Mandata, PA: equally priced homes
- Elizabethville, PA: equally priced homes
- Herndon, PA: equally priced homes
Cities with Similar Populations
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- Elliston, IN: less expensive homes
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