Why Live in Malverne
Malverne, NY, is a small, incorporated village known for its charming downtown and tight-knit community. Residents benefit from local services including their own police, fire department, and sanitation. The Malverne Union Free School District serves the village's children, offering highly rated schools such as Maurice W. Downing School, Davison Avenue Intermediate School, Howard T. Herber Middle School, and Malverne High School, recognized as a U.S. High School of Excellence. The village features several parks, including Westwood Park, Whelan Field, and Malverne Dog Park, catering to families and pet owners alike. Malverne's downtown area is home to various amenities within walking distance, such as a post office, coffee shop, restaurants, delis, and a bakery. Dining options include Our Town Grille for casual meals and Uva Rossa for upscale Italian cuisine. The village also has two train stations, Malverne and Westwood, offering a convenient 40-minute commute to New York City. Community events like the Lighting of Malverne and festivals at Crossroads Farm foster a strong sense of belonging among residents. The village is safer than the national average, contributing to its appeal for families. Homes in Malverne range from modest starter houses to larger properties, reflecting the diverse needs of its residents.
Frequently Asked Questions
How much does it cost to rent a home in Malverne, NY?
The median rent for a home in Malverne, NY is $3,300 per month, though prices vary by neighborhood, size, and property type. As of August 2026, condos tend to be the most affordable option while single-family homes are currently more expensive.
How much do you need to make to afford rent in Malverne, NY?
To comfortably afford the median rent in Malverne, NY, a household needs to earn roughly $132,000 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 $3,300 per month in Malverne, NY, renters typically need to show $9,900 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 Malverne, NY?
In Malverne, NY, the price-to-rent ratio is 20.3, 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.
What neighborhoods in Malverne, NY are best for renting a home?
The best neighborhood for renting in Malverne, NY depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a home include
Rosedale and
Cambria Heights, each with its own character and price range.
There are currently 1 homes available for rent in Malverne, NY. The median rent is $3,300 per month, with single-family homes renting at $4,200 and condos at $3,300.
Number of Homes for Rent
1
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Median Single Family Home Rent
$4,200
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