Apartments for Rent in Malvern, PA

Prices and availability in Malvern, PA were last updated on 15 May 2026.

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

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

The price range for a studio apartment in Malvern, PA is between $1,795 and $2,870.

The price range for a 1-bedroom apartment in Malvern, PA is between $1,850 and $3,495.

The price range for a 2-bedroom apartment in Malvern, PA is between $2,515 and $4,739.

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 age and size of multifamily buildings are among the most visible characteristics of the rental market in a city. In this case, the apartment buildings in Malvern are about 25 years old, on average. Of these, 54% have been built since 2000, representing the newer options on the market and typically offering more amenities. Rental buildings in the city have an average height of 4 stories. About 89% of the rental communities here are low-rise, garden-style communities, 11% are mid-rises, and none are high-rise buildings. These are true especially for large-scale multifamily buildings with over 50 apartments.

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.