Similar to the surrounding areas, it's significantly less expensive compared to the rest of the country. Compared to the city of Klamath Falls, it is substantially less expensive.
Home prices
The median home in Malin costs $107,100. This is about $3,020 (2%) lower in comparison to other places in this area.In comparison to the United States as a whole it is roughly $110,400 (50%) lower, and in comparison to the city of Klamath Falls is approximately $52,400 (32%) lower.
Rents
The median rent in Malin is $643 a month. In comparison to the surrounding areas this is about $62 (8%) lower.It is approximately $419 (39%) lower in comparison to the rest of the country, and in comparison to the city of Klamath Falls is approximately $122 (15%) lower.
Nearby places
Tulelake
Tulelake is approximately 4 miles southwest of Malin. The real estate prices there are significantly less expensive. The cost of the median home in Tulelake is $79,100, which is $28,000 (35%) lower than Malin. Rent there is a little less expensive. In Tulelake the median rent is $576 a month, which is $67 (11%) lower than Malin.
Newell
Newell is about 8 miles south of Malin. The housing prices there are significantly less expensive. The median home price in Newell is $55,000, which is $52,100 (94%) lower than Malin. Rent there is similar. The median rent in Newell is $663 a month, which comes out to $20 (3%) higher than Malin.
Merrill
Merrill is approximately 8 miles west from Malin. Housing prices there are a bit less expensive. The cost of the median home in Merrill is $99,000, which works out to $8,100 (8%) lower than Malin. Its rents are pretty similar. In Merrill the median rent is $632 per month, which comes out to $11 (1%) lower than Malin.
Bonanza
Bonanza is approximately 12 miles north from Malin. Housing prices there are substantially more expensive. The price of the median home in Bonanza is $160,000, which is $52,900 (33%) higher than Malin. Its rents are a bit more expensive. The median rent in Bonanza is $867 a month, which works out to $224 (25%) higher than Malin.
Altamont
Altamont is roughly 18 miles northwest from Malin. The real estate prices there are a little more expensive. The value of the median home in Altamont is $157,500, which is $50,400 (31%) higher than Malin. The rent there is somewhat more expensive. Altamont's median rent is $789 a month, which comes out to $146 (18%) higher than Malin.
