
Affordable
Colorblind friendly
off
These days, finding an affordable place to live in the Malvern area can be challenging. Home prices in Malvern are now at a median cost of $135,747, lower than the Arkansas average of $207,061.
The average cost of rent is $805/mo in Malvern, primarily driven by the current value of real estate in the Malvern area. In Malvern, 31.33% of households rent, and 55.77% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Malvern is $4,924 per month. Households that rent pay about 16.35% of their income on rent here. Malvern’s most expensive areas are in the southwestern regions, while the cheapest areas are in the southern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Rockport, AR: less expensive homes
- Perla, AR: equally priced homes
- Jones Mill, AR: higher priced homes
- Butterfield, AR: higher priced homes
- Gifford, AR: equally priced homes
- Jones Mills, AR: higher priced homes
- Social Hill, AR: higher priced homes
- Magnet Cove, AR: equally priced homes
- Traskwood, AR: higher priced homes
- Glen Rose, AR: higher priced homes
Cities with Similar Populations
- Creve Coeur, MO: higher priced homes
- Sikeston, MO: higher priced homes
- Sienna Plantation, TX: higher priced homes
- Sherrelwood, CO: higher priced homes
- Sharon, MA: higher priced homes
- Semmes, AL: higher priced homes
- Sellersburg, IN: higher priced homes
- Selah, WA: higher priced homes
- Seagoville, TX: higher priced homes
- Seaford, NY: higher priced homes
No other site shows detail at this level for free. We are able to keep this site free by receiving a small commission from the referring links below if you book, rent, or request a lead at no cost to you. Please share or cite this page if you aren’t able to otherwise support our work.
Map interface © Mapbox © OpenStreetMap Map data and content © bestneighborhood