Cheap Apartments For Rent In Malvern Pa . The average rent of a studio apartment in malvern is $1,699 per month. Check out photos, prices & amenities to find your perfect rental home. 239 Pinehurst Rd, Wilmington, DE 19803 3 Bedroom House for Rent for from www.zumper.com It is located in malvern. A 1 bedroom apartment on the average costs $2,064 and ranges from $593 to $3,600. 311 e lancaster ave, malvern, pa 19355.