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 $116,915, lower than the Texas average of $235,268.
The average cost of rent is $794/mo in Malta, primarily driven by the current value of real estate in the Malta area. While nearly 52.70% of residents own their homes outright in Malta, 19.32% rent.
Housing affordability isn’t just about home prices, though. The average household income in Malta is $6,085 per month. Households that rent pay about 13.06% 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.
Nearby Cities
- New Boston, TX: less expensive homes
- Old Boston, TX: higher priced homes
- Whaley, TX: higher priced homes
- College Hill, TX: equally priced homes
- DeKalb, TX: less expensive homes
- Smith Hill, TX: equally priced homes
- Simms, TX: less expensive homes
- Old Union, TX: equally priced homes
- Burns, TX: higher priced homes
- Corley, TX: higher priced homes
Cities with Similar Populations
- Badin, NC: higher priced homes
- Belvedere, CA: higher priced homes
- Bethany Beach, DE: higher priced homes
- Jacobus, PA: higher priced homes
- Wright, WY: higher priced homes
- Lapwai, ID: higher priced homes
- Lipscomb, AL: less expensive homes
- Mayer, AZ: higher priced homes
- Nashua, IA: equally priced homes
- Nunnelly, TN: equally priced homes
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