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Rental Market Trends in Malvern, PA

Updated July 2026

The average rent in Malvern, PA is $2,108/month.

Rent in Malvern is 27% higher than the national average rent of $1,663/month, making this one of the more expensive cities statewide.

$2,108/month

Average Rent

758 Sq Ft

Average Size

+6.6%

Change / Year

245

Available Apartments

Malvern rent varies by unit size and layout:

  • Studio apartments in Malvern average $1,760 per month.
  • One-bedroom apartments in Malvern average $2,108 per month.
  • Two-bedroom apartments in Malvern average $2,481 per month.
  • Three-bedroom apartments in Malvern average $2,803 or more per month.

Average Rent by Home Type

Bedrooms
Average Rent
Average Sq Ft
Studio
$1,760/month
565 Sq Ft
One Bedroom
$2,108/month
758 Sq Ft
Two Bedroom
$2,481/month
1,082 Sq Ft
Three Bedroom
$2,803/month
1,352 Sq Ft
Bedrooms
Average Rent
Average Sq Ft
Three Bedroom
$3,261/month
1,886 Sq Ft
View Malvern Apartments

How much has average rent changed in Malvern, PA?

In the past year, rent has increased by 6.6%, which averages out to $140 more per month.

Market Trends Over Time

July 2026

2025 2026
Market Trends Over Time

Rent Ranges in Malvern, PA

July 2026
Above $2,000
Most rental prices fall within this range
Rent Ranges in Malvern, PA
Percentage*
Rent Range
0% Below $700/month
0% $700 - $1,000/month
9% $1,001 - $1,500/month
0% $1,501 - $2,000/month
91% Above $2,000/month

What salary do I need to live comfortably in Malvern, PA?

Because the average rent in Malvern is $2,108, you’ll want to make about $7,026 per month or $84,312 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

Malvern, PA

245 Available Apartments for Rent

Search for Nearby Apartments

How does Malvern, PA compare to other nearby cities and neighborhoods?

Use the tool below to compare Malvern, PA 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 Malvern We Think You'll Love

The Royal Worthington

The Royal Worthington

45 Creekside Ln,
Malvern, PA 19355

1-2 Beds | $1,725 - $2,790

The Yards at Malvern

The Yards at Malvern

554 Lancaster Ave,
Malvern, PA 19355

Studio - 2 Beds | $1,776 - $3,127

Eagle Rock Apartments at Malvern

Eagle Rock Apartments at Malvern

1086 W King Rd,
Malvern, PA 19355

Studio - 3 Beds | $1,475 - $2,710

The Haven at Atwater Village

The Haven at Atwater Village

1000 Terrain St,
Malvern, PA 19355

1-3 Beds | $2,250 - $3,205

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Frequently Asked Questions

What is the average rent in Malvern?

The average rent in Malvern is $2,108 per month, which is 26.8% higher than the national average of $1,663.

Are rents going up or down in Malvern?

Rents in Malvern, PA are increasing, with prices up 6.6% year-over-year and $140 more per month.

What rent range is most common in Malvern?

In Malvern, PA, 91% of apartments fall above $2,000/month, though prices may vary depending on location and other factors.

United States Pennsylvania Malvern 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 June 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.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity

© 2026 CoStar Group, Inc.

Equal Housing Opportunity