Last updated on September 16, 2026

Average rent in
Malvern Gardens, Richmond, VA

Median rent

Median rent in Malvern Gardens

$1,917/mo

decreased by13%

vs previous year

The average rent in Malvern Gardens is $1,917 per month as of September 2026. This is 1% above the national average rent, or $17 more per month.

$2.17

average price per square foot

Total rentals

Available rentals in Malvern Gardens

16

for rent on Zumper.com as of September 2026

Rent price distribution

Share of Malvern Gardens rentals at each price point

45%34%23%11%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 increased by 34% over the last month and have decreased by 13% 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 $1,995, whereas a house costs $2,522. 1-bedroom apartments in Malvern Gardens run $1,504 on average, while 2-bedroom apartments are $1,799.

Listings

Studio

$1,724

-

-

1 bedroom

$1,532

-

-

2 bedroom

$1,895

3%

1%

3 bedroom

$2,495

No Change

27%

4 bedroom

$2,200

75%

-

Studio

Average rent

$1,724

1 bedroom

Average rent

$1,532

2 bedroom

Average rent

$1,895

Last 30 days

3%

Last year

1%

3 bedroom

Average rent

$2,495

Last 30 days

No Change

Last year

27%

4 bedroom

Average rent

$2,200

Last 30 days

75%

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$1,917
increased by1%

higher than the national median

Median rent price$2,350
increased by24%

higher than the national median

Takeaway

The median rent for all rentals in Malvern Gardens, Richmond, VA is 18% lower than the median rent in Colonial Place, Richmond, VA.

Discover rentals in Malvern Gardens, Richmond, VA

4403 Park Ave - Photo 1 of 1

6h ago

Malvern Gardens house for rent in Richmond

4403 Park Ave, Richmond, VA 23221

3 beds

2 baths

$3,200

3908 Patterson Ave - Photo 1 of 1

5d+ ago

Malvern Gardens house for rent in Richmond

3 beds

2 baths

$2,550

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 $1,917 per month as of September 12, 2026.

Is rent up or down in Malvern Gardens?

Average rent prices in Malvern Gardens have increased by 34% over the last month and have decreased by 13% since last year.

How does Malvern Gardens rent compare to the national average?

Rent in Malvern Gardens is 1% above the national average, which means renters are paying approximately $17 more 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 $77,000/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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