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Malone, NY Homes for Rent

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  • /18

    $775

    Total Monthly Price

    • 1 Bed
    • 1 Bath
    • 700 Sq Ft
    • Condo for Rent

    3 Park Ave Unit 3, Malone, NY 12953

    Clean 1 bedroom, 1 bathroom apartment, conveniently located in the center of the Village of Malone. $775/month, includes water/sewer, lawn care, snow plowing. Tenant pays additional $35.00/month for garbage pickup. No smoking, and references required. Email for more information, and an application.

    3 Park Ave Unit 3, Malone, NY 12953
  • /11

    $1,500

    Total Monthly Price

    • 2 Beds
    • 1 Bath
    • 1,100 Sq Ft
    • Condo for Rent

    432 E Main St Unit 2, Malone, NY 12953

    This beautifully renovated, fully furnished 2-bedroom second floor apartment is centrally located in the heart of downtown Malone. The apartment offers stylish, turnkey living and features abundant natural light, stainless steel appliances, and the convenience of an in-unit washer and dryer.Rent is $1,500/month and includes electricity, basic internet, water, and sewer, making for a truly

    432 E Main St Unit 2, Malone, NY 12953

Why Live in Malone

Malone, NY, is a small community situated on the edge of the Adirondacks, offering a picturesque setting with rolling hills, nearby forests, and the Salmon River flowing through town. Outdoor activities are a significant part of life here, with opportunities for hiking, skiing, fishing, and golfing. Residents can explore trails like Elephant's Head and the Ledges Trail, or visit Titus Mountain Family Ski Center, which features over 50 trails and multiple terrain parks. Malone Memorial Recreation Park provides tennis courts, softball fields, and walking paths. The town's Main Street is home to locally owned eateries such as Donovan's Steak & Ale and Riverside Steak & Seafood, along with pizzerias and chain shops like Runnings, Aldi, and Walmart. Housing in Malone includes vintage homes from the 1800s, such as American Foursquares and Victorian styles, as well as Colonial Revivals, log cabins, and midcentury ranch-style homes. The village area is suburban with closely spaced properties, while rural areas offer expansive plots up to 50 acres. Malone has a rich history, with churches like St. Mark's Episcopal Church and First Congregational Church, the latter being part of the New York Underground Railroad Heritage Trail. Franklin Academy High School provides several Advanced Placement and dual enrollment courses, along with career and technical education options. Annual events like the Franklin County Fair and the Christmas parade add to the local culture. U.S. Route 11 and State Route 30 connect Malone to Canada and nearby communities, with Plattsburgh about 50 miles away.

Frequently Asked Questions

How much does it cost to rent a home in Malone, NY?
The median rent for a home in Malone, NY is $1,137 per month, though prices vary by neighborhood, size, and property type. As of June 2026, townhouses tend to be the most affordable option while condos are currently more expensive.
How much do you need to make to afford rent in Malone, NY?
To comfortably afford the median rent in Malone, NY, a household needs to earn roughly $45,480 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $1,137 per month in Malone, NY, renters typically need to show $3,411 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Malone, NY?
In Malone, NY, the price-to-rent ratio is 11.1, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.

Rental Home Trends

Number of Homes for Rent
2
Median Rent
$1,137
Median Townhouse Rent
$775
Median Condo Rent
$1,500
How to Rent a Home