Malden, MA has a population of 61,212, while the median age is 35. The household income in Malden, MA is around $62,361. The homeownership rate among the residents is 41%. The median residential property value in Malden, MA that you should keep in mind is $359,700.
Population | 61,212 |
Median Age | 35.3 |
Poverty Rate | 16% |
Household Income | $62,361 |
Number Of Employees | 32,686 |
Median Property Value | $359,700 |
Rent Price |
May | vs Last Month |
---|---|---|
Studio apartments | $2,305 | -41.1% |
1-bed apartments | $2,173 | -13.4% |
2-bed apartments | $2,656 | -21.7% |
3-bed apartments | $2,865 | -44.9% |
4+ bed apartments | $3,460 | -8.9% |
Over the May 2023, the average rent for an apartment in/near Malden, MA decreased by 30.1% to $2,691.
Compared to the last month, the average price for a rental studio in Malden, MA has decreased by 41.1%. You can expect to rent the studio for $2,305 on average this month. Breaking it down in details, we now see that the average price for 1-bed apartment decreased by 13.4% to $2,173. Pricing for 2-bed apartment also decreased by 21.7% and a place of this size will now cost you $2,656. 3-bed apartment rent pricing starts at $2,865, it decreased by 44.9% lately. We tend to note the rise of 4- and more bed apartment pricing. It decreased by 8.9% and made it down to $3,460.
Rent Type Price |
May | vs Last Month |
---|---|---|
Houses for rent | $3,158 | -41.2% |
Apartments for rent | $2,675 | -17.6% |
Rooms for rent | $985 | -15.7% |
Condos for rent | $2,750 | -39.4% |
The median rent for an apartment in Malden, MA decreased by 17.6% to $2,675. Statistics show that house rent price decreased by 41.2% this month making it up to $3,158. Condos faced an upward trend these days. The median rent for a condo decreased by 39.4%, it’s now available for $2,750. An average room will now go for $985, the median rent price for a room decreased by 15.7%.