Last updated on October 31, 2026

Average rent in
Malvern Gardens, Richmond, VA

Median rent

Median rent in Malvern Gardens

$2,100/mo

increased by14%

vs previous year

The average rent in Malvern Gardens is $2,100 per month as of October 2026. This is 11% above the national average rent, or $200 more per month.

$2.24

average price per square foot

Total rentals

Available rentals in Malvern Gardens

14

for rent on Zumper.com as of October 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+

This report has limited data.Due a shortage of data for this selected bedroom and/or property type in Malvern Gardens, Richmond, VA, in the last 30 days, rent estimates may not represent the actual market.

Rent trends in Malvern Gardens, Richmond, VA

Average rent prices in Malvern Gardens have decreased by 6% over the last month and have increased by 14% 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 $1,972, whereas a house costs $2,795. 1-bedroom apartments in Malvern Gardens run $1,622 on average, while 2-bedroom apartments are $1,885.

Listings

1 bedroom

$1,625

-

-

2 bedroom

$1,826

No Change

1%

3 bedroom

$2,550

6%

33%

4 bedroom

$2,795

75%

-

1 bedroom

Average rent

$1,625

2 bedroom

Average rent

$1,826

Last year

1%

3 bedroom

Average rent

$2,550

Last 30 days

6%

Last year

33%

4 bedroom

Average rent

$2,795

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$2,100
increased by11%

higher than the national median

Median rent price$2,100
increased by11%

higher than the national median

Takeaway

The median rent for all rentals in Malvern Gardens, Richmond, VA is equal to the median rent in Colonial Place, Richmond, VA.

Discover rentals in Malvern Gardens, Richmond, VA

4010 Patterson Ave #2ndFL - Photo 1 of 1

5d+ ago

Malvern Gardens apartment for rent in Richmond

ResidentialLease, Richmond, VA

4010 Patterson Ave #2ndFL, Richmond, VA 23221

3 beds

2 baths

$2,000

Price dropped $300Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.
4010 Patterson Ave #1stFL - Photo 1 of 1

5d+ ago

Malvern Gardens apartment for rent in Richmond

ResidentialLease, Richmond, VA

4010 Patterson Ave #1stFL, Richmond, VA 23221

3 beds

2 baths

$2,100

Price dropped $300Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.

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 $2,100 per month as of October 24, 2026.

Is rent up or down in Malvern Gardens?

Average rent prices in Malvern Gardens have decreased by 6% over the last month and have increased by 14% since last year.

How does Malvern Gardens rent compare to the national average?

Rent in Malvern Gardens is 11% above the national average, which means renters are paying approximately $200 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 $84,000/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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