Home prices
The cost of the median home in Malvern is $96,300. This is approximately $8,700 (8%) lower compared to its nearby areas.Compared to the rest of the nation it is about $121,200 (55%) lower, and compared to the city of Cleveland is roughly $26,700 (38%) higher.
Rents
In Malvern the median rent is $677 per month. In comparison to the surrounding areas it is roughly $9 (1%) lower.Compared to the nation as a whole it is approximately $385 (36%) lower, and compared to the city of Cleveland it is about $42 (5%) lower.
Nearby places
Waynesburg
Waynesburg is about 3 miles west from Malvern. Its real estate prices are somewhat more expensive. The median home in Waynesburg is valued at $103,800, which comes out to $7,500 (7%) higher than Malvern. Rent there is a bit more expensive. Waynesburg's median monthly rent is $736, which works out to $59 (8%) higher than Malvern.
Minerva
Minerva is approximately 4 miles northeast of Malvern. Housing prices there are a little less expensive. The median home cost in Minerva is $89,300, which is $7,000 (7%) lower than Malvern. Rent there is fairly similar. The median monthly rent in Minerva is $683, which is very similar to Malvern.
Magnolia
Magnolia is roughly 5 miles southwest from Malvern. Its housing prices are a bit more expensive. The median home in Magnolia is valued at $124,700, which is $28,400 (22%) higher than Malvern. The rent there is a bit less expensive. In Magnolia the median monthly rent is $552, which works out to $125 (22%) lower than Malvern.
East Canton
East Canton is roughly 8 miles northwest of Malvern. The housing prices there are a little more expensive. The median home cost in East Canton is $109,200, which works out to $12,900 (11%) higher than Malvern. Rent there is a little more expensive. In East Canton the median monthly rent is $795, which is $118 (14%) higher than Malvern.
East Sparta
East Sparta is about 8 miles west from Malvern. Real estate prices there are similar. The cost of the median home in East Sparta is $98,000, which comes out to $1,700 (1%) higher than Malvern. The rent there is fairly similar. The median rent in East Sparta is $663 per month, which works out to $14 (2%) lower than Malvern.
