Apartments for Rent in 19355

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What to Know About

Life in Malvern & Beyond

Malvern shares many of the great qualities that make Pennsylvania a desirable place to live.

Pennsylvania is a state rich in history and charm. Explore the state's culture by visiting historic sites like Independence Hall, the Liberty Bell, and Gettysburg National Military Park. Pennsylvania is also home to respected universities like the University of Pennsylvania, Carnegie Mellon University, Drexel University, and Penn State University. Pennsylvania's economy thrives on manufacturing, healthcare, and technology. The state is also home to a thriving theater and art scene, with institutions such as the Kimmel Center for the Performing Arts, the Pittsburgh Symphony Orchestra, and the Pennsylvania Ballet.

For those who love the great outdoors, Pennsylvania offers opportunities for skiing in the Pocono Mountains, fishing in Lake Erie, and exploring the scenic Appalachian Mountains. Sports fans can catch professional games for teams like the Philadelphia Eagles (NFL), Pittsburgh Steelers (NFL), Philadelphia Flyers (NHL), Philadelphia Phillies (MLB), and Philadelphia 76ers (NBA). Be amazed by the popular attractions like the Philly Cheesesteak, the Amish Country, and the Pittsburgh Zoo.

Discover a blend of old and new in Pennsylvania, where history and progress coexist to make it a great place to live.

Rental Market Trends

Malvern, PA

As of June 2026, Malvern's rental market is highly competitive, where rentals lease within days, often attracting multiple applications and above-asking offers. Malvern's average rent is 23.9% ($378) higher than the Pennsylvania average of $1,581 and 9.0% ($162) higher than the U.S. average of $1,797.

Average Rent
$1,959
Monthly ChangeMonth Over Month Change
Decreased1.4% ($28)
Yearly ChangeYear Over Year Change
Decreased4.7% ($96)
Avg. Days on MarketAverage Days on Market
24
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $1,827 Increased4.6% ($81) Increased3.5% ($61)
2 Beds $2,237 Increased5.1% ($109) Increased9.7% ($197)
3 Beds $2,508 Increased4.7% ($113) Increased4.8% ($116)
Nearby Cities Average Rent Avg. Rent vs. MalvernAverage Rent vs. Malvern Avg. Days on MarketAverage Days on Market
Paoli $1,381 Decreased29.5% ($578) 24 days
Exton $2,157 Increased10.1% ($198) 27 days
Phoenixville $1,770 Decreased9.6% ($189) 22 days
Wayne $2,441 Increased24.6% ($482) 37 days
Chester Springs $2,415 Increased23.3% ($456) 24 days
Rental market trends are calculated using listing data from RentalSource.
Frequently Asked Questions
Malvern Rental Market FAQs

Explore rental prices, market trends, and availability in Malvern, PA.

The average rent in Malvern, PA is $1,959 per month.
Apartments in Malvern typically rent for between $1,279 and $3,260 per month, with an average of $1,959 per month.
In Malvern, the average rent for a 1-bedroom apartment is $1,827 per month, for a 2-bedroom apartment, $2,237 per month, and a 3-bedroom apartment is $2,508 per month.
The average rent in Malvern is 9% ($162) higher than the national average of $1,797 per month.
The average rent in Malvern has decreased by 1.4% ($28) in the last month and decreased by 4.7% ($96) over the past year.
The rental market in Malvern, PA, is currently highly competitive, where rentals lease within days, often attracting multiple applications and above-asking offers.
In Malvern, PA, the average rental stays on the market for approximately 24 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.
There are currently 14 rental properties available in Malvern, PA.
Based on the current averages, a household would need an annual income of $89,480 to comfortably afford a 2-bedroom apartment in Malvern.
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