Malvern, PA Rental Market Trends
The average rent for an apartment in Malvern is $1,766, a 3% increase compared to the previous year, when the average rent was $1,710.
Average Rent in Malvern, PA
|Average Rent||Y-o-Y Change||Average Apartment Size|
|$1,766||3%||965 sq. ft.|
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
- > $2,00015%
Malvern, PA Occupied Housing Units
- Renter-occupied Households45%
- Owner-occupied Households54%
687 or 45% of the households in Malvern, PA are renter-occupied while 829 or 54% are owner-occupied.
Malvern, PA Rent Trends
|Mar / 2017||Jul / 2017||Nov / 2017||Mar / 2018||Jul / 2018||Nov / 2018||Mar / 2019||Jul / 2019||Nov / 2019||Feb / 2020|
How Malvern Compares to Other Cities
|Average Rent||Y-o-Y Change|
|King of Prussia||$1,641||2%|
For more information about the Malvern rental trends, check out our monthly rent report
Curious about listings in your area? Check out our apartments near you for more details!