Cheap Apartments for Rent in Malvern, IA from $500 (9 Rentals)

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

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303 W Lowell Ave
1 to 2 Bedroom Apartments

303 W Lowell Ave

303 W Lowell AveShenandoah, IA 51601

The 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.

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 Papillion La Vista neighborhood priced from $650. Bellevue Gardens Apartments in the Clermont Court 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$650
Bellevue Gardens Apartments1 Bed 1 Bath1BR,1BA$750
Timbercrest1Bed 1Bath1BR,1BA$800

Best Value Apartments for Rent in Malvern, IA and Nearby

As of August 27, 2025 the best value apartment in the Malvern area is the $0.94 price per square foot Two Bed - Upcoming Availability Model at Burr Oaks Place in the starting from $1,172. The second greatest value Malvern apartment is the Three Bedroom 32A Model at Deerfield starting at $1,400 with a $1.12 price per square foot . 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.
Burr Oaks PlaceTwo Bed - Upcoming Availability2BR,1BA$0.94
DeerfieldThree Bedroom 32A3BR,1.75BA$1.12
The Archive2BR/1.0BA2BR,1BA$1.21
Fontainebleau2 BDR 2 BTH2BR,2BA$0.86
The Brink at Ridgeview2 Bedroom, 2 Bathroom - 1118 SF2BR,2BA$1.28
Sunset Hills Townhomes2 Beds, 1.5 baths2BR,1.5BA$1.24
Fontenelle Hills1 Bed 1 Bath1BR,1BA$1.23
Timbercrest1Bed 1Bath1BR,1BA$1.07
Bellevue Gardens Apartments1 Bed 1 Bath1BR,1BA$1.07
Nottingham Court Apartments1 Bed 1 Bath1BR,1BA$1.09

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Getting Around Malvern, IA

Walk Score®

40 / 100

Car-Dependent

Most errands require a car

Bike Score®

45 / 100

Somewhat Bikeable

Minimal bike infrastructure

Frequently Asked Questions about Cheap Malvern Apartments

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

The lowest price for a Cheap One Bedroom Malvern Apartment is $650 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 $700 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 Hidden Bluffs Apartments and starts from $1,245.

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.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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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.