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 $145,330, lower than the Ohio average of $181,280.
The average cost of rent is $630/mo in Malvern, primarily driven by the current value of real estate in the Malvern area. While nearly 46.41% of residents own their homes outright in Malvern, 26.31% rent.
Housing affordability isn’t just about home prices, though. The average household income in Malvern is $5,044 per month. Households that rent pay about 12.48% of their income on rent here. Malvern's most expensive areas are in the southwestern regions, while the cheapest areas are in the northwestern parts of the city.
Nearby Cities
- Oneida, OH: higher priced homes
- Waynesburg, OH: less expensive homes
- New Harrisburg, OH: higher priced homes
- Morges, OH: higher priced homes
- Robertsville, OH: equally priced homes
- Minerva, OH: equally priced homes
- Pattersonville, OH: equally priced homes
- Magnolia, OH: equally priced homes
- Dellroy, OH: equally priced homes
- Howenstine, OH: equally priced homes
Cities with Similar Populations
- Priest River, ID: higher priced homes
- Lawrenceville, VA: less expensive homes
- Amite City, LA: equally priced homes
- Peru, NY: equally priced homes
- Gouldsboro, PA: equally priced homes
- Grant, MN: higher priced homes
- Granite Quarry, NC: higher priced homes
- Grangeville, ID: higher priced homes
- Grand Ridge, FL: less expensive homes
- Granby, CO: higher priced homes
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