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Rental Market Trends in Malvern, PA

What is the average rent in Malvern, PA?

$1,999/month

Average Rent

751 Sq Ft

Average Apartment Size

+4%

Increase in the Last Year

As of April 2026, the average rent in Malvern, PA is $1,999 per month. This is 22% higher than the national average rent price of $1,641/month, making Malvern one of the most expensive cities in the US. When you rent an apartment in Malvern, you can expect to pay about $1,755 per month for a studio, $1,999 for a one-bedroom apartment, and around $2,509 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $2,556 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$1,755/month
567 Sq Ft
One Bedroom
$1,999/month
751 Sq Ft
Two Bedroom
$2,509/month
1,088 Sq Ft
Three Bedroom
$2,556/month
1,353 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
Three Bedroom
$3,933/month
1,491 Sq Ft

How much has average rent changed in Malvern, PA?

In the past year, rent has increased by 4%, which averages out to $81 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 Malvern, PA
Last Updated April 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
9% $1,501 - $2,000/month
82% Above $2,000/month

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

Because the average rent in Malvern is $1,999, you’ll want to make about $6,663 per month or $79,956 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

228 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

$1,840 - $4,250

1-2 Beds

Eagle Rock Apartments at Malvern

Eagle Rock Apartments at Malvern

1086 W King Rd,
Malvern, PA 19355

$1,635 - $2,230

Studio - 3 Beds

The Yards at Malvern

The Yards at Malvern

554 Lancaster Ave,
Malvern, PA 19355

$1,752 - $4,603

Studio - 2 Beds

The Haven at Atwater Village

The Haven at Atwater Village

1000 Terrain St,
Malvern, PA 19355

$2,017 - $5,275

1-3 Beds

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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 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.

* Percentages may not total 100 due to rounding.

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© 2026 CoStar Group, Inc.

Equal Housing Opportunity