Located in the heart of Allston, with super easy access to Packard's Corner, this brand new, modern building offers amazing amenities and access to everything the city has to offer. Many of the spacious units offer skyline views, as well as stainless steel appliances, hardwood floors and floor to ceiling windows, offering plenty of natural light. This convenient location offers countless restaurants, shops, nightlife and Green T line access to anywhere in the city. Get the best of modern, city living without the downtown price tag. Pet Friendly for additional fee. Sorry, no undergrads.
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Property Summary
Property Type:
Apartment
Rental Fee:
$4,500
Bedrooms:
2 beds
Bathrooms:
2 baths
Size:
800 sqft
Pets:
Yes
Laundry:
On site
Parking:
Yes
Available:
Inquire
ID:
83855231
Amenities
•Laundry Facilities
•Air Conditioning
•Parking
•Dishwasher
•Public Transportation
•Refrigerator
Leasing Information
A 12 month lease. A pet fee-$75 per month. Parking for rent.
Additional Details
This 2-bedroom, 2-bathroom apartment at 40 Malvern St #401 in Allston, MA 02134 rents for $4,500 a month. It has 800 square feet and is pet friendly. 40 Malvern St #401 was advertised by Oksana Palenga on June 19, 2026.
How the Rent Compares
At $4,500 a month, this apartment is well above the typical rent for 2-bedroom apartments and condos in Allston (about $3,000).
Typical $3,000This home $4,500
$2,500
From 203 two-bedroom apartments and condos listed in Allston on RentalSource in November 2026: the scale holds eight in ten of them, and the shaded band the middle half.
$3,000Typical rent for 2-bedroom apartments and condos in Allston
The rent hasn't changed since it was listed on June 19. This home was last listed for rent on RentalSource from March to May 2024, ending at $4,450. Today's rent is $50 higher.
Rent history for this home, newest first
Date
Event
Rent
Change
June 19, 2026
Listed for rent
$4,500+1.1%
+1.1%
May 23, 2024
Listing removed
$4,450
May 21, 2024
Price change
$4,450−8.2%
−8.2%
July 6, 2023
Listing removed
$4,750
May 24, 2023
Listing removed
$5,100
These are listed prices. What renters actually paid may have been different.
Affordability Calculator
Can I afford to live at 40 Malvern St #401?
Bedrooms
2 bedrooms
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Move the slider to select the percentage of your monthly income you're comfortable spending on rent. Typically, it's advised to spend about 30% or less on housing.
Recommended income
$180,000 /year
With your chosen rent-to-income ratio, an annual income of $180,000 is recommended to comfortably afford this 2-bedroom rental priced at $4,500 per month.