Find Homes & Apartments for Rent in Malvern, PA

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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 March 2025, 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 27.3% ($450) higher than the Pennsylvania average of $1,647 and 17.3% ($309) higher than the U.S. average of $1,788.

Average Rent
$2,097
Monthly ChangeMonth Over Month Change
Decreased1.1% ($24)
Yearly ChangeYear Over Year Change
Increased7.2% ($141)
Avg. Days on MarketAverage Days on Market
24
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $1,604 Decreased8.8% ($154) Decreased2.1% ($34)
2 Beds $1,915 Decreased1.7% ($34) Decreased5.6% ($114)
3 Beds $2,272 Decreased17.1% ($469) Decreased2.4% ($57)
Nearby Cities Average Rent Avg. Rent vs. MalvernAverage Rent vs. Malvern Avg. Days on MarketAverage Days on Market
Paoli $2,795 Increased33.3% ($698) 24 days
Berwyn $2,193 Increased4.6% ($96) 28 days
Exton $2,160 Increased3% ($63) 27 days
Devon $1,922 Decreased8.3% ($175) 23 days
Phoenixville $2,006 Decreased4.3% ($91) 22 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 $2,097 per month.
Homes in Malvern typically rent for between $1,123 and $2,954 per month, with an average of $2,097 per month.
In Malvern, the average rent for a 1-bedroom home is $1,604 per month, for a 2-bedroom home, $1,915 per month, and a 3-bedroom home is $2,272 per month.
The average rent in Malvern is 17.3% ($309) higher than the national average of $1,788 per month.
The average rent in Malvern has decreased by 1.1% ($24) in the last month and increased by 7.2% ($141) 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 26 rental properties available in Malvern, PA.
Based on the current averages, a household would need an annual income of $76,600 to comfortably afford a 2-bedroom home in Malvern.
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