Cheap Apartments for Rent near Malvern, IA from $595 (59 Rentals)

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Search the lowest-cost Apartments available for rent right now in Malvern.

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.

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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.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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Valley View Estates
Rent Specials
$1,185 - $1,850

Total Monthly Price

Base Rent$1,185 - $1,850
Total Monthly Price$1,185 - $1,850
1 to 3 Bedroom Apartments Available Now

Valley View Estates

720 Valley View DrCouncil Bluffs, IA 51503
Corporate Housing
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303 W Lowell Ave
1 to 2 Bedroom Apartments

303 W Lowell Ave

303 W Lowell AveShenandoah, IA 51601
Corporate Housing

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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Chateau Bellevue
Studio to 3 Bedroom Apartments

Chateau Bellevue

401 Chateau DrBellevue, NE 68005
Corporate Housing
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Britain Towne
Studio to 3 Bedroom Apartments

Britain Towne

2103 Fraser CtBellevue, NE 68005
Corporate Housing
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Brent Village
1 to 3 Bedroom Apartments

Brent Village

1409 Buck DrBellevue, NE 68005
Military

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.

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Showing Results 1-50, Page 1 of 2

Malvern, IA Local Guide

Cheapest Available Malvern Apartments for Rent and Nearby

 

The cheapest available apartment rental in Malvern, IA is a 1 Bed unit found at Nottingham Court Apartments in the Cass County neighborhood priced from $675. Bellevue Gardens Apartments in the Bellevue neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $750. Here is today’s list of the most affordable Malvern apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Nottingham Court Apartments1 Bed 1 Bath1BR,1BA$675
Bellevue Gardens Apartments1 Bed 1 Bath1BR,1BA$750
Tregaron OaksRochelle1BR,1BA$796
Luma Terrace Apartment2 Bed 1 Bath2BR,1BA$800
Timbercrest Apartments1 Bed, 1 Bath1BR,1BA$800
Cornhusker Creek1BR/1.0BA1BR,1BA$825
Loess Hills Estates Affordable Senior HousingStudioStudio,1BA$871
Oak Creek Apartments2 bedroom, 1 bath2BR,1BA$899
Parkview ApartmentsTwo Bedroom2BR,1BA$903
Sherwood Forest Estates1 Bedroom 1 Bath Small1BR,1BA$910

Best Value Apartments for Rent in Malvern, IA and Nearby

As of September 12, 2026 the best value apartment in the Malvern area is the $0.70 price per square foot 2 Bed 1 Bath Model at Bellevue Gardens Apartments in the in the Bellevue neighborhood starting from $825. The second greatest value Malvern apartment is the 2BR/2.0BA Model at Colonial Plaza Apartments starting at $1,175 with a $1.01 price per square foot in the Council Bluffs neighborhood. Here is today’s list of the best values for Malvern apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Bellevue Gardens Apartments2 Bed 1 Bath2BR,1BA$0.70
Colonial Plaza Apartments2BR/2.0BA2BR,2BA$1.01
Fontainebleau Apartments2 Bed, 2 Bath2BR,2BA$1.03
Parkview ApartmentsTwo Bedroom2BR,1BA$0.90
RiverEastTwo Bedroom2BR,1BA$1.19
Timbercrest Apartments2 Bedrooms, 1 Bathroom2BR,1BA$1.10
Oak Creek Apartments2 bedroom, 1 bath2BR,1BA$1.06
Cornhusker Creek1BR/1.0BA1BR,1BA$1.10
Luma Terrace Apartment2 Bed 1 Bath2BR,1BA$1.07
Nottingham Court Apartments1 Bed 1 Bath1BR,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.

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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.

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Real 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.

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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.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Frequently Asked Questions about Cheap Malvern Apartments

What is the Cheapest Studio apartment in Malvern?

Currently the most affordable Cheap Studio Apartment in Malvern is at Loess Hills Estates Affordable Senior Housing listed at $871.

How much is rent for a Cheap One Bedroom Malvern Apartment?

The lowest price for a Cheap One Bedroom Malvern Apartment is $675 at Nottingham Court Apartments.

What is the lowest price for a Cheap Two Bedroom Malvern Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Malvern is starting from $725 at Nottingham Court Apartments.

What is the most affordable Malvern Three Bedroom Apartment?

The best deal on a cheap Malvern Three Bedroom Apartment rental is at Fontenelle Hills and starts from $1,229.

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

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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.

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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.

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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.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.