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 August 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 23.9% ($380) higher than the Pennsylvania average of $1,589 and 10.0% ($179) higher than the U.S. average of $1,790.

Average Rent
$1,969
Monthly ChangeMonth Over Month Change
Decreased2% ($41)
Yearly ChangeYear Over Year Change
Increased0.7% ($13)
Avg. Days on MarketAverage Days on Market
24
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $1,721 Decreased1.8% ($32) Increased3.9% ($65)
2 Beds $2,000 Decreased1.9% ($39) Increased1.6% ($31)
3 Beds $2,296 Decreased0.3% ($8) Decreased1% ($24)
Nearby Cities Average Rent Avg. Rent vs. MalvernAverage Rent vs. Malvern Avg. Days on MarketAverage Days on Market
Paoli $1,677 Decreased14.8% ($292) 24 days
Berwyn $1,996 Increased1.4% ($27) 28 days
Exton $2,225 Increased13% ($256) 27 days
Devon $1,858 Decreased5.6% ($111) 23 days
Phoenixville $1,726 Decreased12.3% ($243) 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 $1,969 per month.
Apartments in Malvern typically rent for between $1,205 and $2,985 per month, with an average of $1,969 per month.
In Malvern, the average rent for a 1-bedroom apartment is $1,721 per month, for a 2-bedroom apartment, $2,000 per month, and a 3-bedroom apartment is $2,296 per month.
The average rent in Malvern is 10% ($179) higher than the national average of $1,790 per month.
The average rent in Malvern has decreased by 2.0% ($41) in the last month and increased by 0.7% ($13) 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 21 rental properties available in Malvern, PA.
Based on the current averages, a household would need an annual income of $80,000 to comfortably afford a 2-bedroom apartment in Malvern.
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