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Rental Market Trends in Malone, NY

What is the average rent in Malone, NY?

$948/month

Average Rent

576 Sq Ft

Average Apartment Size

+4.4%

Increase in the Last Year

As of April 2026, the average rent in Malone, NY is $948 per month. This is 42% lower than the national average rent of $1,627/month, making renting in Malone more affordable than most cities in the US. When you rent an apartment in Malone, you can expect to pay about per month for a studio, $948 for a one-bedroom apartment, and around $1,148 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,428 or more.

Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$948/month
576 Sq Ft
Two Bedroom
$1,148/month
912 Sq Ft
Three Bedroom
$1,428/month
1,203 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft

How much has average rent changed in Malone, NY?

In the past year, rent has increased by 4.4%, which averages out to $42 more per month.

Market Trends Over Time   The chart below compares average rent prices to the previous year during the same time period.
Last Updated April 2026
Legend
2025 2026
Market Trends Over Time
Rent Ranges in Malone, NY
Last Updated April 2026
$1,001 - $1,500
Most rental prices fall within this range
Rent Ranges in Malone, NY
Percentage*
Rent Range
0% Below $700/month
0% $700 - $1,000/month
100% $1,001 - $1,500/month
0% $1,501 - $2,000/month
0% Above $2,000/month

What salary do I need to live comfortably in Malone, NY?

Because the average rent in Malone is $948, you’ll want to make about $3,160 per month or $37,920 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.

City

Malone, NY

2 Available Apartments for Rent

Search for Nearby Apartments

How does Malone, NY compare to other nearby cities and neighborhoods?

Use the tool below to compare Malone, NY to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.

Apartment Averages

Apartment communities in Malone we think you'll love

586 E Main St

586 E Main St

586 E Main St,
Malone, NY 12953

$1,100

2 Beds

19 1st St

19 1st St

19 1st St,
Malone, NY 12953

$900 Total Monthly Price

1 Bed | 12 Month Lease

181 E Main St

181 E Main St

181 E Main St,
Chateaugay, NY 12920

$700

1 Bed

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United States New York Malone Rental Trends

Methodology

† 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.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity

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Equal Housing Opportunity