Last updated on May 25, 2026

Average rent in
Malvern, Toronto, ON

Median rent

Median rent in Malvern

$2,125/mo

increased by12%

vs previous year

The average rent in Malvern is $2,125 per month as of May 2026. This is 9% above the national average rent, or $175 more per month.

$3.27

average price per square foot

Total rentals

Available rentals in Malvern

27

for rent on Zumper.com as of May 2026

Rent price distribution

Share of Malvern rentals at each price point

80%60%40%20%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 decreased by 10% over the last month and have increased by 12% 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 $2,249, whereas a house costs $1,800. 1-bedroom apartments in Malvern run $1,949 on average, while 2-bedroom apartments are $2,273.

Listings

Studio

$1,600

No Change

174%

1 bedroom

$1,845

1%

44%

2 bedroom

$2,250

3%

4%

3 bedroom

$2,698

1%

6%

4 bedroom

$2,400

3%

-

Studio

Average rent

$1,600

Last year

174%

1 bedroom

Average rent

$1,845

Last 30 days

1%

Last year

44%

2 bedroom

Average rent

$2,250

Last 30 days

3%

Last year

4%

3 bedroom

Average rent

$2,698

Last 30 days

1%

Last year

6%

4 bedroom

Average rent

$2,400

Last 30 days

3%

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$2,125
increased by9%

higher than the national median

Median rent price$2,499
increased by28%

higher than the national median

Takeaway

The median rent for all rentals in Malvern, Toronto, ON is 15% lower than the median rent in Unionville, Markham, ON.

Discover rentals in Malvern, Toronto, ON

Sheppard Ave E & Markham Rd - Photo 1 of 1

5d+ ago

Malvern apartment for rent in Toronto

Apartment for rent

Available Jun 1

29 Tillbrook Crt #3 - Photo 1 of 1

5d+ ago

Malvern apartment for rent in Toronto

29 Tillbrook Court - 3 ( 2 Bedroom )

29 Tillbrook Crt #3, Toronto, ON M1B 1N5

2 beds

1.5 baths

$1,600

Apartment for rent

Available Jul 1

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 $2,125 per month as of May 23, 2026.

Is rent up or down in Malvern?

Average rent prices in Malvern have decreased by 10% over the last month and have increased by 12% since last year.

How does Malvern rent compare to the national average?

Rent in Malvern is 9% above the national average, which means renters are paying approximately $175 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 $85,000/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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