Malvern, PA Rental Market Trends
What is the average rent in Malvern?
The average rent for an apartment in Malvern is $1,845, a 7% increase compared to the previous year, when the average rent was $1,732. Read the full Rent Report to learn more details on how apartment rents compare to other locations in the area, and what are the most affordable or most expensive cities for renting around Philadelphia, PA.
Average Rent in Malvern, PA
|Average Rent||Y-o-Y Change||Average Apartment Size|
|$1,845||7%||965 sq. ft.|
What is the average apartment size in Malvern?
The average size for a Malvern, PA apartment is 965 square feet, but this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.
Malvern, PA Apartment Rent Ranges
Malvern, PA Occupied Housing Units
763 or 48% of the households in Malvern, PA are renter-occupied while 812 or 51% are owner-occupied.
Malvern, PA Rent Trends
|Jul / 2018||Nov / 2018||Mar / 2019||Jul / 2019||Nov / 2019||Mar / 2020||Jul / 2020||Nov / 2020||Mar / 2021||Sep / 2021|
How Malvern Compares to Other Cities
|Average Rent||Y-o-Y Change|
|King of Prussia||$1,818||11%|