
Cheap Apartments for Rent in Malverne, NY from $1,500 (36 Rentals)
Search the lowest-cost Apartments available for rent right now in Malverne.


857 Cleveland St

Eastcrest - No Availability

32 Waterview Pl

873 Custer St

South Grove Apartments

Maple Crest Apartments at East Rockaway

169 Litchfield Ave

203 Rockaway Pkwy
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.

Total Monthly Price
986 Third Ave, Unit 1 Bed 1 Bath Basement Apartment

223 Scherer Blvd

412 Keller Ave

133 Dubois Ave

Valley Stream Garden Apartments

157 Hempstead Ave

Maple Crest Apartments at Valley Stream

The Promenade at Lynbrook
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.

The Promenade at Valley Stream

Fairfield At Valley Stream

The Vantage

55 Grand Ave

The Colonnade Apartments

107 Fairview Ave

Parkview Estates

Pagan Fletcher House Apartments

Fairfield Gables At Rockville Centre
Cash 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.

34 Elizabeth Ave

77 Lenox Rd

Forest Gardens

Sun Valley Towers

Fairfield Terrace At Lynbrook Village

Fairfield Manor At Rockville Centre

Fairfield Estates At Lynbrook Village

275 Maple Ave

20 Edmund St
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.
Malverne, NY Local Guide

How much does it cost to rent an apartment in Malverne?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cheap Malverne Studio Apartments | $2,918 | $1,500 | $4,180 |
| Cheap Malverne 1 Bedroom Apartments | $3,043 | $1,950 | $4,250 |
| Cheap Malverne 2 Bedroom Apartments | $4,015 | $2,700 | $5,790 |
| Cheap Malverne 3 Bedroom Apartments | $3,940 | $3,200 | $4,590 |
Browse Top Apartments in Malverne
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Malverne, NY Local Guide
- Malverne Neighborhoods
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Cheapest Available Malverne Apartments for Rent
 The cheapest available apartment rental in Malverne, NY is a Studio unit found at Fairfield Gables At Rockville Centre in the Rockville Centre neighborhood priced from $2,025. South Grove Apartments in the Central Valley Stream neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $2,150. Here is today’s list of the most affordable Malverne apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Fairfield Gables At Rockville Centre | Residence 95-2A | Studio,1BA | $2,025 |
| South Grove Apartments | 1br | 1BR,1BA | $2,150 |
| Maple Crest Apartments at East Rockaway | One Bedroom | 1BR,1BA | $2,175 |
| Fairfield Terrace At Lynbrook Village | Residence 1D | 1BR,1BA | $2,570 |
| Fairfield Manor At Rockville Centre | Two Bedroom | 2BR,1BA | $2,595 |
| Fairfield Estates At Lynbrook Village | Residence H | 1BR,1BA | $2,625 |
| Valley Stream Garden Apartments | 1 Bedroom/ 1 Bathroom | 1BR,1BA | $2,650 |
| Maple Crest Apartments at Valley Stream | Two Bedroom | 2BR,1BA | $2,700 |
| Lynbrook 44 | B6 | 1BR,1BA | $2,700 |
Best Value Apartments for Rent in Malverne, NY
As of July 08, 2026 the best value apartment in the Malverne area is the $1.77 price per square foot 18 Lincoln Pl Model at 18 Lincoln Pl, Unit 1 in the in the Central Valley Stream neighborhood starting from $3,100. The second greatest value Malverne apartment is the Carlyle Model at The Hawthorne starting at $3,985 with a $3.30 price per square foot in the Central Valley Stream neighborhood. Here is today’s list of the best values for Malverne apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 18 Lincoln Pl, Unit 1 | 18 Lincoln Pl | 2BR,1BA | $1.77 |
| The Hawthorne | Carlyle | 2BR,2BA | $3.30 |
| The Magnolia at Central | 2 Bedroom | 2BR,1BA | $3.12 |
| Fairfield Terrace At Lynbrook Village | Residence 1D | 1BR,1BA | $2.57 |
| Fairfield Manor At Rockville Centre | Two Bedroom | 2BR,1BA | $2.60 |
| South Grove Apartments | 1br | 1BR,1BA | $2.26 |
| Maple Crest Apartments at East Rockaway | Two Bedroom | 2BR,1BA | $3.06 |
| 986 Third Ave, Unit 1 Bed 1 Bath Basement Apartment | 986 Third Ave | Studio ,1BA | $2.44 |
| Lynbrook 44 | B6 | 1BR,1BA | $3.38 |
| Maple Crest Apartments at Valley Stream | Two Bedroom | 2BR,1BA | $3.58 |
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.
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 Malverne, NY
Malverne Senior High School
Howard T Herber Middle School
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Malverne, NY Rentals by Map
See the most popular apartments and homes in Malverne, NY
Frequently Asked Questions about Cheap Malverne Apartments
What is the Cheapest Studio apartment in Malverne?
Currently the most affordable Cheap Studio Apartment in Malverne is at Fairfield Gables At Rockville Centre listed at $2,025.
How much is rent for a Cheap One Bedroom Malverne Apartment?
The lowest price for a Cheap One Bedroom Malverne Apartment is $2,150 at South Grove Apartments.
What is the lowest price for a Cheap Two Bedroom Malverne Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Malverne is starting from $2,595 at Fairfield Manor At Rockville Centre.
What is the most affordable Malverne Three Bedroom Apartment?
The best deal on a cheap Malverne Three Bedroom Apartment rental is at Fairfield Gables At Rockville Centre and starts from $3,045.
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

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.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.
