Home prices
Malabar's median home cost is $266,500. This is about $21,800 (7%) lower compared to its nearby areas.Compared to the entire country it is roughly $49,000 (22%) higher, and in comparison to the city of Orlando it is roughly $26,500 (11%) higher.
Rents
In Malabar the median monthly rent is $1,362. Compared to nearby areas this is roughly $47 (3%) higher.It is approximately $300 (28%) higher compared to the rest of the country, and compared to the city of Orlando it is roughly $166 (13%) higher.
Nearby places
Grant-Valkaria
Grant-Valkaria is Malabar's neighbor to the south. Housing prices there are somewhat more expensive. The cost of the median home in Grant-Valkaria is $319,400, which is $52,900 (16%) higher than Malabar. Rents there are a lot less expensive. In Grant-Valkaria the median rent is $977 a month, which works out to $385 (39%) lower than Malabar.
Palm Bay
Palm Bay is Malabar's neighbor to the southwest. The real estate prices there are significantly less expensive. The median home in Palm Bay costs $155,200, which is $111,300 (71%) lower than Malabar. Rents there are a bit less expensive. The median monthly rent in Palm Bay is $1,059, which works out to $303 (28%) lower than Malabar.
Melbourne Beach
Melbourne Beach is roughly 6 miles north from Malabar. Housing prices there are somewhat more expensive. The median home in Melbourne Beach costs $368,000, which is $101,500 (27%) higher than Malabar. Rent there is a little more expensive. In Melbourne Beach the median rent is $1,968 a month, which is $606 (30%) higher than Malabar.
Indialantic
Indialantic is approximately 7 miles north from Malabar. Real estate prices there are somewhat more expensive. The median home in Indialantic costs $374,500, which works out to $108,000 (28%) higher than Malabar. Rent there is a little less expensive. The median monthly rent in Indialantic is $1,220, which works out to $142 (11%) lower than Malabar.
West Melbourne
West Melbourne is approximately 8 miles northwest of Malabar. Real estate prices there are a little less expensive. The median home in West Melbourne is valued at $224,400, which is $42,100 (18%) lower than Malabar. The rent there is fairly similar. In West Melbourne the median rent is $1,349 per month, which is very similar to Malabar.
