Apartments for Rent in Malden Center, Malden, MA

Malden Center, Malden apartment availability

Malden Center's rental market offers a very strong selection of listings, with an average of 184 rentals available each month in 2024. The majority of rentals are studios, 1-bedroom, and 2-bedroom apartments, making it an ideal neighborhood for singles, couples, and small families. Notably, studios make up a significant proportion of listings in Malden Center, accounting for over 92% of all studio listings in Malden. Many apartments in the area are pet-friendly, with over 40% allowing small pets, cats, or having pet-friendly restrictions in place. This makes Malden Center a great option for renters with furry friends.

Malden Center, Malden rental market trends

Malden Center's rental market experienced a slight decline in 2024, with average monthly rents decreasing by 3.3% to $2,515. 1-bedrooms averaged $2,481 per month, a modest 1.4% increase from the previous year. In contrast, 2-bedrooms and 3-bedrooms saw decreases of 3.6% and 7.1%, respectively, with average rents of $3,077 and $3,250. Studio apartments remained relatively stable, with a 1% increase to $2,146.

The summer months tend to see the highest demand and prices in Malden Center, with July typically being the most expensive month. Rents in July are 18.2% higher than in February, the month with the lowest average rent. If you're looking for a new apartment, be prepared for more competition during the summer. Conversely, if you're flexible with your move-in date, consider searching during the winter months when prices are lower and there may be fewer renters competing for apartments.

Why Malden Center, Malden is a great place to live

Malden Center is a hub for renters who value social living and environmental sustainability. The neighborhood's population, street infrastructure, and transit frequency make it an ideal spot for those who enjoy being out and about with friends. Additionally, the area's safety and age distribution contribute to its social appeal. Malden Center also stands out for its eco-friendly features, including the use of non-toxic paint, waste recycling and composting programs, and community solar projects. The neighborhood's walk score and access to parks and recreation areas further enhance its environmental sustainability. With its unique blend of social and eco-friendly amenities, Malden Center is an attractive option for renters seeking a balanced lifestyle.