Median Age
38 Years
Largest Age Group
30-39 Years
Approximately 20% of Residents
Under 20
21%
Over 65
15%
Avg Rent
$2,332
Population
61,637
Renter Mix
63% Rent
Located five miles north of Boston, Malden combines city accessibility with neighborhood comfort. The rental market includes modern apartment communities and traditional New England multi-family homes, with average rents ranging from $2,112 for studios to $3,171 for three-bedroom units. Malden Square anchors the city's commercial district, while established neighborhoods like Maplewood and Bellrock feature tree-lined streets. Outdoor enthusiasts can explore the 56-acre Middlesex Fells Reservation or walk around Fellsmere Pond. Pine Banks Park, co-managed with Melrose, offers sports fields and walking trails.
The Orange Line's Malden Center and Oak Grove stations connect residents to downtown Boston in minutes. Founded in 1640, Malden celebrates its heritage through architectural treasures like the Converse Memorial Library, designed by renowned architect H.H. Richardson. The city has grown into one of Massachusetts' most culturally diverse communities. Current rental data shows one-bedroom units experiencing a 3.3% year-over-year increase. Popular rental locations include the area surrounding Malden Center station, the Forestdale neighborhood, and the Edgeworth district - once home to the historic Converse Rubber Factory where the first "All-Star" basketball sneakers were manufactured.
Median Household Income
$81,841
Average: $105,777
Education
23,728
Residents Have a Degree
Job Market
33,356
Workers Employed
Median Age
38 Years
Largest Age Group
30-39 Years
Approximately 20% of Residents
Under 20
21%
Over 65
15%
Housing Distribution
Malden has more renters than homeowners.
Education Distribution
Review this city's overall education levels.
As of April 2026, the average apartment rent in Malden, MA is $2,108 for a studio, $2,308 for one bedroom, $2,859 for two bedrooms, and $3,367 for three bedrooms. Apartment rent in Malden has decreased by -3.4% in the past year.
Explore how walkable, bikeable, drivable, and transit-friendly Malden, MA is for everyday living.
Moderately Walkable
Walkability
Some Public Transit
Transit
Moderately Drivable
Drivability
Fairly Bikeable
Bikeability
Mystic Valley Regional Charter School
Public
Grades K-12
1,773 Students
Public
Grades K-8
923 Students
Public
Grades K-8
919 Students
Public
Grades K-8
805 Students
Public
Grades K-8
496 Students
Mystic Valley Regional Charter School
Public
Grades K-12
1,773 Students
Public
Grades K-8
923 Students
Public
Grades K-8
919 Students
Public
Grades K-8
805 Students
Public
Grades K-8
496 Students
Mystic Valley Regional Charter School
Public
Grades K-12
1,773 Students
Public
Grades 9-12
1,792 Students
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
View GreatSchools Rating Methodology
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† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in February 2026.
Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.