Last updated on June 17, 2026

Average rent in
Malvern Gardens, Richmond, VA

Median rent

Median rent in Malvern Gardens

$1,855/mo

increased by3%

vs previous year

The average rent in Malvern Gardens is $1,855 per month as of June 2026. This is 5% below the national average rent, or $95 less per month.

$2.35

average price per square foot

Total rentals

Available rentals in Malvern Gardens

16

for rent on Zumper.com as of June 2026

Rent price distribution

Share of Malvern Gardens rentals at each price point

30%23%15%8%0%
$0 - $750
$751 - $1,500
$1,501 - $2,250
$2,251 - $3,000
$3,001+

Rent trends in Malvern Gardens, Richmond, VA

Average rent prices in Malvern Gardens have decreased by 16% over the last month and have increased by 3% since last year.

Rent trends

Rent prices on this page are calculated on a rolling 30-day basis and updated daily.

Compare rent prices in Malvern Gardens, Richmond, VA

Rent prices in Malvern Gardens vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Malvern Gardens is $1,915, whereas a house costs $2,675. 1-bedroom apartments in Malvern Gardens run $1,677 on average, while 2-bedroom apartments are $1,719.

Listings

Studio

$1,715

-

-

1 bedroom

$1,752

-

-

2 bedroom

$1,910

11%

21%

3 bedroom

$2,570

54%

-

4 bedroom

$3,500

23%

-

Studio

Average rent

$1,715

1 bedroom

Average rent

$1,752

2 bedroom

Average rent

$1,910

Last 30 days

11%

Last year

21%

3 bedroom

Average rent

$2,570

Last 30 days

54%

4 bedroom

Average rent

$3,500

Last 30 days

23%

The table above reflects average rent prices in Malvern Gardens, Richmond, VA, broken down by the number of bedrooms, neighborhoods, and property types. The availability of data for each category is dependent on market inventory and will adjust depending on your selected filters.

How does rent in Malvern Gardens, Richmond, VA compare to other neighborhoods?

Compare median rent prices in Malvern Gardens and Colonial Place by all bedroom counts and property types.

Malvern Gardens

Median rent price$1,855
decreased by5%

lower than the national median

Median rent price$1,819
decreased by7%

lower than the national median

Takeaway

The median rent for all rentals in Malvern Gardens, Richmond, VA is 2% higher than the median rent in Colonial Place, Richmond, VA.

Stay up to date with rental market insights

Are you interested in licensing our current and historical rental real estate data, or do you have custom data requests? Contact datalicensing@zumper.com.

Frequently asked questions for Malvern Gardens, Richmond, VA

Quick answers to common questions about the Malvern Gardens rental market.

How much is rent in Malvern Gardens?

The average rent in Malvern Gardens is $1,855 per month as of June 13, 2026.

Is rent up or down in Malvern Gardens?

Average rent prices in Malvern Gardens have decreased by 16% over the last month and have increased by 3% since last year.

How does Malvern Gardens rent compare to the national average?

Rent in Malvern Gardens is 5% below the national average, which means renters are paying approximately $95 less per month.

What salary do I need to afford rent in Malvern Gardens?

To comfortably afford rent in Malvern Gardens, you'd need to earn approximately $74,000/year, based on spending no more than 30% of your income on rent.

Methodology

Rent prices are based on Zumper's rental listings from the past 30 days. Median rent is calculated across all available listings and property types on the platform. If you filter the page by bedroom count or property type, the pricing throughout the page will update automatically to reflect that segment of the rental market.

Household and population data come from the U.S. Census Bureau. Cost-of-living data is sourced from the Council for Community and Economic Research's Cost of Living Index (COLI).

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