Last updated on October 12, 2026

Average rent in
Malvern, Toronto, ON

Median rent

Median rent in Malvern

$2,150/mo

increased by43%

vs previous year

The average rent in Malvern is $2,150 per month as of October 2026. This is 13% above the national average rent, or $250 more per month.

$3.24

average price per square foot

Total rentals

Available rentals in Malvern

30

for rent on Zumper.com as of October 2026

Rent price distribution

Share of Malvern rentals at each price point

90%68%45%23%0%
$0 - $1,500
$1,501 - $3,000
$3,001 - $4,500
$4,501 - $6,000
$6,001 - $50,000

Rent trends in Malvern, Toronto, ON

Average rent prices in Malvern have increased by 5% over the last month and have increased by 43% 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, Toronto, ON

Rent prices in Malvern vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Malvern is $2,290, whereas a house costs $2,800. 1-bedroom apartments in Malvern run $1,899 on average, while 2-bedroom apartments are $2,295.

Listings

Studio

$1,524

No Change

-

1 bedroom

$1,899

7%

39%

2 bedroom

$2,329

5%

14%

3 bedroom

$2,725

29%

7%

Studio

Average rent

$1,524

1 bedroom

Average rent

$1,899

Last 30 days

7%

Last year

39%

2 bedroom

Average rent

$2,329

Last 30 days

5%

Last year

14%

3 bedroom

Average rent

$2,725

Last 30 days

29%

Last year

7%

The table above reflects average rent prices in Malvern, Toronto, ON, 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, Toronto, ON compare to other neighborhoods?

Compare median rent prices in Malvern and Unionville by all bedroom counts and property types.

Malvern

Median rent price$2,150
increased by13%

higher than the national median

Median rent price$2,400
increased by26%

higher than the national median

Takeaway

The median rent for all rentals in Malvern, Toronto, ON is 10% lower than the median rent in Unionville, Markham, ON.

Discover rentals in Malvern, Toronto, ON

1070 Progress Avenue #310 - Photo 1 of 1

5d+ ago

Our team has verified this company

Verified

2 beds

2 baths

$2,800

Fees 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.
100 Wingarden Crt - Photo 1 of 1

5d+ ago

Malvern apartment for rent in Toronto

2 beds

2 baths

$2,650

Fees 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.
5600 Sheppard Avenue East - Photo 1 of 1
Rent special

5d+ ago

8.8

Very good

5600 Sheppard Avenue East

5600 Sheppard Ave E, Toronto, ON M1B 2L4

1–2 beds

1 bath

$2,151–$2,526

Fees 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.
5131 Sheppard Avenue East #108 - Photo 1 of 1

5d+ ago

Our team has verified this company

Verified

1 bed

1 bath

$2,150

Fees 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, Toronto, ON

Quick answers to common questions about the Malvern rental market.

How much is rent in Malvern?

The average rent in Malvern is $2,150 per month as of October 10, 2026.

Is rent up or down in Malvern?

Average rent prices in Malvern have increased by 5% over the last month and have increased by 43% since last year.

How does Malvern rent compare to the national average?

Rent in Malvern is 13% above the national average, which means renters are paying approximately $250 more per month.

What salary do I need to afford rent in Malvern?

To comfortably afford rent in Malvern, you'd need to earn approximately $86,000/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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