The typical owner-occupied home in Malin is worth about $206,900, 57% below the Oregon median of $477,600 and 38% below the national median of $332,700. The median household earns $49,643 a year, so the median home costs 4.2 times the median income (5.8 times for Oregon). 67% of occupied homes here are lived in by their owners, and 20% of those owners still have a mortgage.
Malin at a glance
| Malin | Oregon | U.S. | |
|---|---|---|---|
| Median home value | $206,900 | $477,600 | $332,700 |
| Median property tax paid per year | – | $3,876 | $3,119 |
| Median household income | $49,643 | $83,011 | $80,734 |
| Homes lived in by their owners | 67% | 63% | 65% |
| Owner homes with a mortgage | 20% | 65% | 61% |
| Median monthly costs, owners with a mortgage | – | $2,157 | $1,963 |
| Those costs as a share of the owners' income | 21.1% | 22.4% | 21.0% |
| Median rent | $981 | $1,525 | $1,413 |
| Rent as a share of renters' income | 48.8% | 31.3% | 30.6% |
| Median year homes were built | 1949 | 1981 | 1980 |
| Vacant homes | 7.8% | 7.5% | 10.1% |
| Population | 799 | 4,254,293 | 334,922,499 |
What a typical home costs per month in Malin
At this week's average 30-year rate of 7.11%, buying the median Malin home of $206,900 with 20% down costs about $1,389 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $1,734, because the loan is bigger and FHA adds mortgage insurance.
Lenders usually want housing costs under about 28% of gross income, which means an income of roughly $59,543 for the 20%-down payment. That payment is 34% of the median Malin household income of $49,643; at that income and 20% down, the 28% guideline points to a home of about $172,000.
The median rent here is $981 a month, so owning the median home costs about $408 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $41,380 |
|---|---|
| Loan amount | $165,520 |
| Principal and interest | $1,113 |
| Property taxes (1.10% a year) | $190 |
| Homeowners insurance (our estimate, 0.5% a year) | $86 |
| PMI | $0 |
| Total per month | $1,389 |
Change the numbers in the calculator
| Down payment | $7,242 |
|---|---|
| Loan amount | $203,153 |
| Principal and interest | $1,367 |
| Property taxes (1.10% a year) | $190 |
| Homeowners insurance (our estimate, 0.5% a year) | $86 |
| FHA mortgage insurance | $92 |
| Total per month | $1,734 |
Change the numbers in the calculator
Questions about home buying in Malin
What is the median home value in Malin?
About $206,900 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
What income do you need to buy a home in Malin?
For the median home with 20% down at 7.11%, the payment is about $1,389 a month. Keeping that under 28% of gross income takes about $59,543 a year.
More about Malin
- Mortgage Refinance in Malin
- Debt Relief in Malin
- Home Equity Loans in Malin
- Guides and quotes for mortgage refinance on our sister site, MortgageRefinance.com
Sources: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates; Freddie Mac Primary Mortgage Market Survey, week of November 12, 2026. Estimates for small places have wide margins of error. About our data