
Cheap Apartments for Rent in Malvern, AR from $500 (23 Rentals)
Search the lowest-cost Apartments available for rent right now in Malvern.


Indiandale Apartments

Higdon Ferry Apartments

Crossing at Nandina

Somerset Apartments

Grand Point Bay Apartments

The Greens at Hurricane Creek

The Lakes at Hurricane Creek

The Fairways at Hurricane Creek

Crossing At Thornton Ferry

The Greens at Longhills

Ridgewood

Chapel Ridge of Hot Springs

Village Square of Hot Springs

St. Regis at Hurricane Lake

The Hamilton
Malvern, AR Local Guide

How much does it cost to rent an apartment in Malvern?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Malvern Studio Apartments | $1,178 | $1,104 | $1,400 |
Malvern 1 Bedroom Apartments | $977 | $600 | $2,139 |
Malvern 2 Bedroom Apartments | $1,126 | $700 | $2,200 |
Malvern 3 Bedroom Apartments | $1,649 | $995 | $2,249 |
Malvern 4 Bedroom Apartments | $1,490 | $1,480 | $1,500 |
Browse Top Apartments in Malvern
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Malvern, AR Local Guide
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Cheapest Neighborhoods for Apartments in Malvern, AR
Pricing Updated: 03/21/2025Current apartment rentals in the Malvern, AR area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for Malvern Apartments for rent:
Neighborhood | Median Price | Min Price | Available Units |
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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 $715. 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 | $715 |
Dogwood Lakes | Standard Classic | 1BR,1BA | $740 |
Higdon Ferry Apartments | Cozy 1 Bedroom Apartment Home | 1BR,1BA | $750 |
Crossing at Nandina | 1 Bedroom 1 Bathroom | 1BR,1BA | $765 |
Best Value Apartments for Rent in Malvern, AR and Nearby
As of March 21, 2025 the best value apartment in the Malvern area is the $1.08 price per square foot 3 bed 2 bath Model at 125 Oak Street apartments in the starting from $1,950. The second greatest value Malvern apartment is the 3Bed2Bath Model at 1203 Marion Anderson Rd starting at $1,695 with a $1.13 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. |
---|---|---|---|
125 Oak Street apartments | 3 bed 2 bath | 3BR,2BA | $1.08 |
1203 Marion Anderson Rd | 3Bed2Bath | 3BR,2BA | $1.13 |
210 Glenn Oak Dr | 210 Glenn Oak Dr | 4BR,2BA | $1.10 |
Fieldstone Townhomes of Bryant | 2 BED 2 BATH 1043 SF | 2BR,2BA | $1.15 |
ReNew Otter Creek | B2 | 2BR,2BA | $1.12 |
The Pointe! at Hot Springs | One Bedroom | 1BR,1BA | $1.10 |
121 Lodestone Rd, Unit 1 | 121 Lodestone Rd | 2BR,1BA | $0.94 |
Village Square of Hot Springs | 1 Bed/1 Bath | 1BR,1BA | $1.26 |
Chapel Ridge of Hot Springs | 1/1 | 1BR,1BA | $1.26 |
Indiandale Apartments | 1.1L R | 1BR,1BA | $1.18 |
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Best Local Schools in Malvern, AR
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Getting Around Malvern, AR
Walk Score®
27 / 100
Car-Dependent
Most errands require a car
Bike Score®
28 / 100
Somewhat Bikeable
Minimal bike infrastructure
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
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 Whisper Valley at Quartier listed at $1,104.
How much is rent for a Cheap One Bedroom Malvern Apartment?
The lowest price for a Cheap One Bedroom Malvern Apartment is $675 at Indiandale 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 $780 at Fountain Lakes.
What is the most affordable Malvern Three Bedroom Apartment?
The best deal on a cheap Malvern Three Bedroom Apartment rental is at Indiandale Apartments and starts from $995.
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.

Understanding Amenity Fees: Know Where You Might Be Able to Save Money
Written by: Amber Kanuckel
With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

What to Know About Fees and Fines When Renting
Written by: Trey Huguley
When it comes to renting a new apartment or home there can be a number of fees that you will want to keep in mind going into the process.

Battling the Butts: Your Guide to the Reality of Smoke-Free Renting
Written by: Andrea Lee Negroni, JD
While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.

How Your Move-In Inspection Can Protect Your Security Deposit
Written by: Christine Leonard, Esq.
If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.