
Cheap Homes for Rent in Malvern, AR from $795 (11 Rentals)
Search the lowest-cost Homes available for rent right now in Malvern.


1027 Jefferson St

702 3rd St

204 Alcorn St

1016 McBee St
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

104 Selma St

619 W 3rd St

211 Rector St

305 Beard St

501 Belvedere Dr
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

300 Richard 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 | $1,395 | $795 | $2,400 |
| Malvern 3 Bedroom Homes for Rent | $1,763 | $990 | $3,100 |
| Malvern 4 Bedroom Homes for Rent | $2,221 | $1,495 | $3,500 |
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Malvern, AR Local Guide
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Best Value Homes for Rent in Malvern, AR and Nearby
As of September 17, 2026 the best value rental home in the Malvern area is the $0.86 price per square foot 619 W 3rd St Model at 619 W 3rd St starting from $990. The second greatest value Malvern rental home is the 929 E Sullenberger Ave Model at 929 E Sullenberger Ave starting at $1,150 with a $1.14 price per square foot. Here is today’s list of the best values for Malvern homes based on price per square foot:
| Home Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 619 W 3rd St | 619 W 3rd St | 3BR, 1.5BA | $0.86 |
| 929 E Sullenberger Ave | 929 E Sullenberger Ave | 2BR, 2BA | $1.14 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleNavigating 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.
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Best Local Schools in Malvern, AR
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Remember the 3 Rules of Real Estate:Location, Location, Location!
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Frequently Asked Questions about Malvern
What type of rentals are currently available in Malvern?
There are currently 48 Apartments for Rent in Malvern, AR with pricing that ranges from $725 to $2,500. There are also 40 Single Family Homes for rent, Condos, and Townhome rentals currently available in Malvern ranging from $795 to $3,500.
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 $795 to $3,500 with an average monthly rent of $1,655.
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 $1,150 to $2,500, while Three Bedroom Homes, Condos, and Townhomes for rent range from $990 to $3,100. Four Bedroom Single-Family rentals are also available starting from $1,495 and Four Bedroom Apartments start at $1,649.
Expert Rental Resources
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.
Articles, How-To's, and Tips

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

How Commercial-to-Residential Property Conversions Help the Housing Crisis
Written by: Robin Stewart
Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.