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 $115,304, lower than the Texas average of $235,268.
The average cost of rent is $702/mo in Malvern, primarily driven by the current value of real estate in the Malvern area. While nearly 85.82% of residents own their homes outright in Malvern, 27.62% rent.
Housing affordability isn’t just about home prices, though. The average household income in Malvern is $4,814 per month. Households that rent pay about 14.59% of their income on rent here. Malvern's most expensive areas are in the southern regions, while the cheapest areas are in the central parts of the city.
Nearby Cities
- Flo, TX: higher priced homes
- Centerville, TX: higher priced homes
- Porter Springs, TX: higher priced homes
- Reynard, TX: higher priced homes
- Concord, TX: equally priced homes
- Cut, TX: higher priced homes
- Latexo, TX: higher priced homes
- Spring Seat, TX: higher priced homes
- Crockett, TX: equally priced homes
- Buffalo, TX: less expensive homes
Cities with Similar Populations
- Union Mills, IA: higher priced homes
- Daniel Springs, GA: less expensive homes
- Darfur, MN: higher priced homes
- Deer Creek, IN: higher priced homes
- Dekle Beach, FL: higher priced homes
- DeWitt, MO: higher priced homes
- Dexter, TX: higher priced homes
- Timewell, IL: equally priced homes
- Torrey, FL: higher priced homes
- Triumph, IL: higher priced homes
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