
Cheap Homes for Rent in Malvern, AR from $700 (10 Rentals)
Search the lowest-cost Homes available for rent right now in Malvern.


159 Centerview St

223 W Highland Ave

267 Catherine Heights Rd

22767 US-67
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.

305 2nd St

1663 Treasure Isle Rd

400 Golf Links Rd

626 Edwards St

145 Rocky Reef Cir
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.
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 | $1,521 | $700 | $3,299 |
| Malvern 3 Bedroom Homes for Rent | $1,762 | $795 | $3,250 |
| Malvern 4 Bedroom Homes for Rent | $1,737 | $1,400 | $2,300 |
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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 |
| Higdon Ferry Apartments | Large 1 Bedroom Apartment Home | 1BR,1BA | $780 |
Best Value Apartments for Rent in Malvern, AR and Nearby
As of January 07, 2026 the best value apartment in the Malvern area is the $0.97 price per square foot 3Bed2Bath Model at Earl’s Point Condominiums in the starting from $1,400. 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 | $0.97 |
| The Pointe! at Hot Springs | Two Bedroom | 2BR,2BA | $1.11 |
| Wimbledon Green | Two bedroom loft | 2BR,2BA | $1.16 |
| 125 Oak Street apartments | 1 bed 1 bath | 1BR,1BA | $1.00 |
| Grand Point Bay Apartments | 2 Bedroom | 2BR,1.5BA | $0.83 |
| Dogwood Lakes | Custom | 2BR,2BA | $0.93 |
| Somerset Apartments | B1 | 2BR,1BA | $1.15 |
| Ashley Kate Apartments | 2BR/1BA | 2BR,1BA | $1.01 |
| 121 Lodestone Rd, Unit 1 | 121 Lodestone Rd | 2BR,1BA | $0.94 |
| Indiandale Apartments | 1.1S | 1BR,1BA | $1.15 |
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
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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 45 Apartments for Rent in Malvern, AR with pricing that ranges from $600 to $4,950. There are also 37 Single Family Homes for rent, Condos, and Townhome rentals currently available in Malvern ranging from $700 to $3,299.
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 $700 to $3,299 with an average monthly rent of $1,470.
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 $2,029, while Three Bedroom Homes, Condos, and Townhomes for rent range from $795 to $3,250. Four Bedroom Single-Family rentals are also available starting from $1,400 and Four Bedroom Apartments start at $1,495.
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

How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips
Written by: Justin Habersaat
Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

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.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!