Malvern, PA Rental Market Trends
Last updated: November 18, 2025 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Malvern is $2,216, a 1.36% increase compared to the previous year, when the average rent was $2,186.
Studio Apartments at $1,639 offer the most budget-friendly option with 492 square feet, ideal for single renters prioritizing location over space.
One-bedroom apartments provide 762 square feet for $1,981, balancing privacy and affordability.
Two-beedroom units at $2,412 offer 1,126 square feet, perfect for roommates or small families.
Three-bedroom apartments deliver maximum space (1,274 sq ft) for $2,620, suitable for larger households.
Average rent in Malvern, PA
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $2,216 | 958 sq. ft. |
| Studio | $1,639 | 492 sq. ft. |
| 1 Bed | $1,981 | 762 sq. ft. |
| 2 Beds | $2,412 | 1,126 sq. ft. |
| 3 Beds | $2,620 | 1,274 sq. ft. |
Malvern, PA rent trends
Rental prices in Malvern, PA have increased by 1.36% over the past year. The average rent moved from $2,186 to $2,216.
What's the typical rent budget in Malvern, PA?
The largest share of rentals in Malvern, PA (45%) fall between $2,001-$2,500 per month. This suggests that most people succesfully find suitable apartments within this price.
Do most people rent or own in Malvern, PA?
768 or 46% of the households in Malvern, PA are renter-occupied while 894 or 54% are owner-occupied.
How Malvern Compares to Other Cities
| City | Average Rent |
|---|---|
| Malvern | $2,216 |
| Philadelphia | $1,973 |
| Pittsburgh | $1,796 |
| Lehigh Valley | $1,794 |
| Harrisburg | $1,392 |
| Reading | $1,677 |
| State College | $2,088 |
| Allentown | $1,658 |
| York | $1,508 |
| Bethlehem | $1,869 |
| Lancaster | $1,716 |
| Conshohocken | $2,343 |
| Exton, PA | $2,380 |
| Norristown, PA | $1,790 |
| Pottstown, PA | $1,716 |
| King of Prussia, PA | $2,135 |
| West Chester, PA | $2,073 |
| Phoenixville, PA | $1,994 |
| Downingtown, PA | $2,029 |
| Wayne, PA | $2,219 |
| Bryn Mawr, PA | $2,212 |
Where this data comes from
The rental statistics on this page were compiled by RentCafe.com, a nationwide apartment search website trusted by millions of renters to find apartments and houses for rent throughout the U.S.
Rent prices, trends, and apartment sizes were calculated based on data from our sister company, Yardi Matrix, an apartment market intelligence solution that covers approximately 90% of the U.S. metro area population. The data includes comprehensive information on all Malvern apartment buildings with 50 or more units, totaling 23.5 million apartments across 181 U.S. markets.
Housing composition data was sourced from the U.S. Census Bureau, using the most recently available information by tenure.