Cheap Apartments for Rent in Malvern, IA

2 rentals

Apartments For Rent Near Malvern, IA

We found 30 more apartments matching your filters just outside Malvern

Average Rent Trends in Malvern, IA

Rent in Malvern, IA varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent decreased in May 2026 compared to the previous month. Rent previously peaked in Dec 2025.
MonthAverage rent
Dec 2025$1,200
May 2026$950
View as a graph

Average Rent By Bedroom and Home Type

1 bed2 beds3 beds4 bedsAll
All home types—$950——$950
Apartments and Condos—$950——$950

Frequently Asked Questions about Rentals in Malvern, IA

  • What is the average rent in Malvern, IA?
    The average rent in Malvern, IA is $950. Rent prices range from $950 to as much as $950, depending on the type of rental.
  • How does the rent in Malvern, IA compare to the national average?
    Average rent in Malvern, IA is about 50% lower than the national average rent of $1,910. That means it is less expensive to rent in Malvern compared to the U.S. average.
  • What is the average rent in Malvern, IA, by number of bedrooms?
    The average rent in Malvern, IA is $ for a studio, $ for a 1 bedroom, $950 for a 2 bedroom, $ for a 3 bedroom, and $ for a 4 bedroom.
  • How have rent prices in Malvern, IA changed compared to last year?
    In the past year, the average rent price in Malvern, IA has increased by $950. That means the average rent is 100% higher than last year.
  • How many available rental listings are in Malvern, IA?
    There are 1 available rental listings in Malvern, IA.
  • What are some zip codes in Malvern, IA?
    Malvern, IA includes zip codes such as: 51551.
  • What are some cities near Malvern, IA?
    Some nearby cities include: Hastings, Glenwood, Tabor, Randolph, Silver City. These cities may have more rental options to explore.