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


913 Ave A

1712 S Wayne St

120 N 30th St

4420 S 25th 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.

702 N 6th St

5703 S 14th St

605 Vine St

2010 S 4th St

901 James Pkwy
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.

3702 Gayle Ave

765 Avenue D

9 Martinview Rd

1810 Main St

504 Harris St
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.
Malvern, IA 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 | $1,312 | $795 | $2,950 |
| Malvern 3 Bedroom Homes for Rent | $2,100 | $1,195 | $3,200 |
| Malvern 4 Bedroom Homes for Rent | $2,029 | $1,650 | $2,250 |
| Malvern 5 Bedroom Homes for Rent | $2,550 | $2,550 | $2,550 |
| Malvern 6 Bedroom Homes for Rent | $3,500 | $3,500 | $3,500 |
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Malvern, IA Local Guide
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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. Red Oak 48-Unit (City View Apartments) has the second lowest priced unit, which is a 1 Bed apartment currently listed from $695. Here is today’s list of the most affordable Malvern apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Nottingham Court Apartments | 1 Bed 1 Bath | 1BR,1BA | $675 |
| Red Oak 48-Unit (City View Apartments) | 1 Bedroom | 1BR,1BA | $695 |
| Cornhusker Creek | 1BR/1.0BA | 1BR,1BA | $745 |
| Bellevue Gardens Apartments | 1 Bed 1 Bath | 1BR,1BA | $750 |
| Oak Creek Apartments | 1 bedroom, 1 bath | 1BR,1BA | $799 |
Best Value Apartments for Rent in Malvern, IA and Nearby
As of August 03, 2026 the best value apartment in the Malvern area is the $0.94 price per square foot Two Bed/One Bath Model at Burr Oaks Place in the in the Mills County neighborhood starting from $1,181. The second greatest value Malvern apartment is the Three Bedroom Model at RiverEast starting at $1,388 with a $1.16 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Burr Oaks Place | Two Bed/One Bath | 2BR,1BA | $0.94 |
| RiverEast | Three Bedroom | 3BR,2BA | $1.16 |
| Bellevue Gardens Apartments | 2 Bed 1 Bath | 2BR,1BA | $0.70 |
| Fontainebleau Apartments | 2 Bed, 2 Bath | 2BR,2BA | $1.03 |
| The Archive | 1BR/1.0BA | 1BR,1BA | $1.11 |
| Chateau Bellevue | 2 Bedroom | 2BR,1.5BA | $1.08 |
| Timbercrest Apartments | 1 Bed, 1 Bath | 1BR,1BA | $1.07 |
| Cornhusker Creek | 1BR/1.0BA | 1BR,1BA | $1.03 |
| Oak Creek Apartments | 1 bedroom, 1 bath | 1BR,1BA | $1.14 |
| Nottingham Court Apartments | 1 Bed 1 Bath | 1BR,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 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.
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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 50 Apartments for Rent in Malvern, IA with pricing that ranges from $595 to $2,025. There are also 40 Single Family Homes for rent, Condos, and Townhome rentals currently available in Malvern ranging from $725 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 $725 to $3,500 with an average monthly rent of $1,716.
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.

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.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.