
Cheap Homes for Rent in Malvern, AR from $700 (15 Rentals)
Search the lowest-cost Homes available for rent right now in Malvern.


825 Pine Bluff St
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

400 Golf Links Rd

166 Long Beach Dr

8904 Eskabar Dr

809 E Sullenberger Ave

226 Rocky Reef Cir

143 Alpine St

131 Charteroak St

281 Woodlawn Ave
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

129 Enterprise Dr

501 Belvedere Dr
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

109 Shelby St

1230 Pine Bluff St

217 Lowery St
Malvern, AR Local Guide

How much does it cost to rent a home in Malvern?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Malvern 2 Bedroom Homes for Rent | $1,390 | $825 | $2,600 |
Malvern 3 Bedroom Homes for Rent | $1,770 | $1,000 | $2,600 |
Malvern 4 Bedroom Homes for Rent | $2,562 | $1,499 | $3,450 |
Browse Top Homes for Rent in Malvern
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Malvern, AR Local Guide
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Cheapest Available Malvern Apartments for Rent and Nearby
 The cheapest available apartment rental in Malvern, AR is a 1 Bed unit found at Indiandale Apartments priced from $675. Fountain Lakes has the second lowest priced unit, which is a 1 Bed apartment currently listed from $715. Here is today’s list of the most affordable Malvern apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Indiandale Apartments | 1.1S | 1BR,1BA | $675 |
Fountain Lakes | Standard | 1BR,1BA | $715 |
Dogwood Lakes | Standard Classic | 1BR,1BA | $740 |
Crossing at Nandina | 1 Bedroom 1 Bathroom | 1BR,1BA | $765 |
Eagle Hill I/IV | Custom Deluxe | 1BR,1BA | $775 |
Best Value Apartments for Rent in Malvern, AR and Nearby
As of June 04, 2025 the best value apartment in the Malvern area is the $1.00 price per square foot 3Bed2Bath Model at 1203 Marion Anderson Rd in the starting from $1,500. The second greatest value Malvern apartment is the C Model at ReNew Otter Creek starting at $1,295 with a $1.19 price per square foot in the Ward 7 neighborhood. Here is today’s list of the best values for Malvern apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
1203 Marion Anderson Rd | 3Bed2Bath | 3BR,2BA | $1.00 |
ReNew Otter Creek | C | 3BR,2BA | $1.19 |
Fieldstone Townhomes of Bryant | 2 BED 2 BATH 1043 SF | 2BR,2BA | $1.15 |
Grand Point Bay Apartments | 2 Bedroom | 2BR,1.5BA | $0.80 |
Revive Benton Apartments | 2 Bedroom 2 Bath | 2BR,2BA | $1.09 |
The Pointe! at Hot Springs | One Bedroom | 1BR,1BA | $1.10 |
Village Square of Hot Springs | 2 Bed/1 Bath | 2BR,1BA | $1.26 |
Otter Creek Villas | 2 Bed 1 Bath | 2BR,1BA | $1.06 |
Chapel Ridge of Hot Springs | 1/1 | 1BR,1BA | $1.26 |
Indiandale Apartments | 1.1S | 1BR,1BA | $1.15 |
Quick Rent Budget Calculator
How much rent can you afford?
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Frequently Asked Questions about Malvern
What type of rentals are currently available in Malvern?
There are currently 44 Apartments for Rent in Malvern, AR with pricing that ranges from $600 to $2,500. There are also 47 Single Family Homes for rent, Condos, and Townhome rentals currently available in Malvern ranging from $750 to $3,450.
What is the current price range for Rental Homes in Malvern?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Malvern ranges from $750 to $3,450 with an average monthly rent of $1,705.
How much are larger Three and Four Bedroom Rentals in Malvern?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Malvern range from $750 to $2,249, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,000 to $2,600. Four Bedroom Single-Family rentals are also available starting from $1,499 and Four Bedroom Apartments start at $1,500.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.