The apartment rental market in Malden, MA is offering renters more options in 2025 than it has in the past few years. Apartment availability is up by +60.42% year-over-year and has been trending upwards since 2023. The market has demonstrated a combination of high demand and high apartment turnover with availability figures showing large seasonal fluctuations over the past 4 years. As a result, rent prices have been on a slow and steady climb since 2021, but Malden remains one of the more affordable rental markets in the Boston metro. Here are the trends driving Malden’s apartment rental market in 2025.

Malden Apartment Supply Figures

The current real-time availability rate (RTAR) for Malden apartments is 5.31%. That figure is up +60.42% year-over-year and up +63.89% compared to two years ago.  Malden’s RTAR peaked at 11.81% this year in early February, +6.3% higher than 2024’s peak RTAR (11.1%) and +19.5% higher than 2023’s RTAR peak (9.88%).  Malden has been slower to absorb the available inventory this year than it has the last 3 years, which may be a trend to keep an eye on as the summer leasing rush begins.

The current real-time vacancy rate (RTVR) in Malden is 1.03%. That figure is down -15.57% year-over-year and +90.74% over a 2-year span. Malden’s RTVR has loosened up over the past 18 months after spending a nearly 2-year span well below the 1% mark. It appears that the historic shortage in rental inventory that we experienced in 2022 and 2023 has subsided, although supply is still tight in Malden overall.

According to our real-time Malden apartment data, the median days on market for a rental unit is 57 days.  That is considerably longer than the median days on market for Boston apartments (28 days) as Malden is a much less competitive rental market than the city.  Still, available inventory has had no issue getting absorbed by demand over the past several years, indicating that demand for apartments is still strong in Malden.

Average Rent Prices in Malden, MA

The current average rent price in Malden is $2,114.  That figure is up +4.81% year-over-year and up +9.36% compared to June 2023.  Malden remains one of the most affordable rental markets in the Boston metro, with average rent prices trending 56.67% higher in Boston than in Malden.

Average rent prices for studio apartments in Malden saw the biggest increase year-over-year (+5.97%).  Prices for Malden 1 bedrooms, 2 bedrooms, and 4 bedrooms jumped by smaller margins (+3.55%, +1.30%, and +3.57% respectively).  Prices for 3 bedroom apartments in Malden actually fell by -4.28% compared to June 2024.

2025 Malden Apartment Rental Market Forecast

Looking at the most recent supply figures for Malden’s rental market, we may see rent prices trend downwards in the second half of 2025. Malden’s rent price growth has already been flattening out over the past 12 months, and this year's available inventory has been much slower to get absorbed than it has in years past.

If we don’t see a rapid drop in Malden’s RTAR over the next few weeks, we could see significant price reductions in July and August which would lead to a decline in rents. The data itself is leaning towards Malden’s average rent price to finish off 2025 either flat or perhaps down by as much as 2%. We will continue to monitor these trends as they develop here on bostonpads.com.