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


1212 E Highland Ave

825 Pine Bluff St

363 Vineyard St

636 Garland St
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

367 Lance Cir

405 Henderson St

906 Sulphur Springs Rd

427 Bower St

129 Enterprise Dr
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

120 Rocky Reef Cir

219 Afton St

134 Clem Pl

420 Hillside W

150 Sun 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.
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 | $1,452 | $775 | $2,500 |
| Malvern 3 Bedroom Homes for Rent | $1,831 | $1,150 | $3,250 |
| Malvern 4 Bedroom Homes for Rent | $2,383 | $2,300 | $2,500 |
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 $735. 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 | $735 |
| Dogwood Lakes | Custom | 1BR,1BA | $785 |
| Eagle Hill I/IV | Custom Deluxe | 1BR,1BA | $785 |
| Eagle Nest | Custom | 1BR,1BA | $795 |
Best Value Apartments for Rent in Malvern, AR and Nearby
As of March 14, 2026 the best value apartment in the Malvern area is the $0.83 price per square foot 3Bed2Bath Model at Earl’s Point Condominiums in the starting from $1,200. The second greatest value Malvern apartment is the Two Bedroom Model at The Pointe! at Hot Springs starting at $1,275 with a $1.11 price per square foot . 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. |
|---|---|---|---|
| Earl’s Point Condominiums | 3Bed2Bath | 3BR,2BA | $0.83 |
| The Pointe! at Hot Springs | Two Bedroom | 2BR,2BA | $1.11 |
| 125 Oak Street apartments | 2 bed 1 bath | 2BR,1BA | $1.05 |
| Village Square of Hot Springs | The Spring | 2BR,2BA | $1.08 |
| Otter Creek Villas | 2 Bed 1.5 Bath | 2BR,1.5BA | $1.03 |
| Chapel Ridge of Hot Springs | 2/2 | 2BR,2BA | $1.04 |
| Ashley Kate Apartments | 2BR/1BA | 2BR,1BA | $1.01 |
| 121 Lodestone Rd, Unit 1 | 121 Lodestone Rd | 2BR,1BA | $0.94 |
| 1004 Owen St, Unit B | 1004 Owen St | 2BR,1BA | $1.06 |
| 1008 Owen St, Unit A | 1008 Owen St | 2BR,1BA | $1.13 |
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 ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
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 47 Apartments for Rent in Malvern, AR with pricing that ranges from $600 to $4,950. There are also 40 Single Family Homes for rent, Condos, and Townhome rentals currently available in Malvern ranging from $750 to $3,250.
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 $3,250 with an average monthly rent of $1,625.
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 $995 to $2,264, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,150 to $3,250. Four Bedroom Single-Family rentals are also available starting from $2,300 and Four Bedroom Apartments start at $1,559.
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

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.