Apartments for Rent in Malvern, PA

Prices and availability in Malvern, PA were last updated on 3 Oct 2026.

The best apartments in Malvern, PA are: The Yards at Malvern, AVE Malvern, The Royal Worthington and Eastside Flats Apartments.

The average rent in Malvern, PA is $2,186.

The price range for a studio apartment in Malvern, PA is between $1,785 and $2,854.

The price range for a 1-bedroom apartment in Malvern, PA is between $1,936 and $3,523.

The price range for a 2-bedroom apartment in Malvern, PA is between $2,533 and $4,700.

In Malvern, 45% of the residents are renting compared to 55% owning a home, according to data from the U.S. Census Bureau. Large-scale apartment buildings with more than 50 units represent 19% of Malvern's rentals, 71% are small-scale complexes with under 50 units, and 9% are single-family rentals.

The average age of rental buildings in Malvern is 25 years old, with 54% being newer apartment buildings completed since 2000. The average height of apartment buildings in the city is 4 stories, of which 89% are garden-style apartment communities, 11% are mid-sized buildings, and none are high-rises. These characteristics describe large-scale apartment communities of 50 apartments or more.

Rental apartments in Malvern come in a range of sizes and floorplans. Studio apartments represent 1% of units for rent, ideal for singles, renters on a budget and people who value central locations more than space. Rentals with 1-bedroom floorplans make up 48% of the total apartments in the city, while 2-bedroom floorplans represent around 41% of all rentals in Malvern. The rest are larger floorplans with 3 bedrooms or more, typically preferred by families, larger households or roommates sharing space.