Home Price Key
Affordable
Average
Expensive
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 $108,130, lower than the Arkansas average of $160,541.
The average cost of rent is $660/mo in Malvern, primarily driven by the current value of real estate in the Malvern area. While nearly 48.18% of residents own their homes outright in Malvern, 23.06% rent.
Housing affordability isn’t just about home prices, though. The average household income in Malvern is $3,961 per month. Households that rent pay about 16.66% of their income on rent here. Malvern's most expensive areas are in the eastern regions, while the cheapest areas are in the southwestern parts of the city.
Nearby Cities
- Rockport, AR: less expensive homes
- Perla, AR: less expensive homes
- Jones Mill, AR: equally priced homes
- Butterfield, AR: equally priced homes
- Gifford, AR: less expensive homes
- Jones Mills, AR: equally priced homes
- Social Hill, AR: higher priced homes
- Magnet Cove, AR: equally priced homes
- Traskwood, AR: less expensive 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
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