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LOCAL GUIDE

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All About

Living In Malvern, PA

Malvern, a small town in Pennsylvania, has a population of approximately 3,000. Retirees account for a greater percentage of the population (24%) here than nationally (14%), while young professionals are less well-represented. Overall, the town's population, at an average age of just under 46, skews older than most cities in Pennsylvania. The majority of residents own their homes in Malvern, and 41% of residents rent. With an average rent of $1,523 per month, exceeding the state average by $606 a month, relatively high rent costs could be playing a role in the higher levels of ownership.

If you're looking for diverse career options, Malvern has you covered. The five most common industries are healthcare, retail, finance, education, and scientific. Together, these industries make up 35% of the labor force in the town. Meanwhile, looking at job function, 14% of residents work in management, making it the top field in the town. With an average annual income of around $92K, Malvern workers bring in more than the average Pennsylvania resident. The town's average income also compares favorably to the national average ($73,345). Compared to the national average (7%), Malvern has a large concentration of residents over the age of 25 who have advanced degrees, as 18% have earned a Master's or a Doctorate. In addition, 23% have a Bachelor's degree, which also outpaces the national average.

Malvern has an average commute time of about 26 minutes. Many residents (49%) commute to work by car, while public transit is used by only 3% of the town. Few residents commute to work on foot.



Frequently Asked Questions About Malvern

What is the average rent in Malvern?

The average rent of a studio apartment in Malvern is $1,650 per month. For a one-bedroom apartment it's $1,907 per month. For a two-bedroom apartment the average rent is $2,597 per month.

What is the average cost of rent for a one-bedroom in Malvern?

The average rent of a one-bedroom apartment in Malvern is $1,907

Are there any cheap apartments for rent in Malvern?

For the best deal, we recommend using our cheap apartments filter.

You can also filter by price: Under $1000, Under $1100, Under $1400, Under $1500, Under $2000

Are there any pet friendly apartments in Malvern?

Apply Apartment Guide's pet friendly filter to see only Malvern apartments that accept pets.
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Information is copyrighted and school data provided by GreatSchools.org. Information is deemed reliable but not guaranteed. Schools listed above are based on distance from the selected location and are just a sampling of the schools in the area. To find a particular school district, and how it relates to a specific apartment, please contact the apartment manager.

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