ZIP Code · PA

ZIP 19355

Part of Malvern, PA
Pop. 29,425·Chester County·6th most expensive ZIP in Pennsylvania
Median rent (all units)
$2,549/mo
Year-over-Year
+4.6%
Month-over-Month
+0.5%
vs US Median
+$617
Reported rents
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 19355 · $2,549
More expensive than 81% of US ZIP codes · National median $1,932/mo
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Medians by bedroom

Rent by unit size

Studio
$1,890
1 BR
$2,060
2 BR
$2,450
3 BR
$2,940
4 BR+
$3,280
Research median
$2,450/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

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Last updated: October 17, 2026

From the history

What the numbers show

Cheapest month to sign

February. Asking rents in ZIP 19355 usually run 1.1% below trend in February and 1.2% above it in July, about $59 a month apart at today's median. Based on 5 years of data.

Compared with the peak

Rent in ZIP 19355 is at its highest level since Zillow's records here began in December 2020.

Past year vs. the rest of Pennsylvania

Rent in ZIP 19355 changed +4.6% over the year to September 2026. Across the 205 Pennsylvania ZIP codes Zillow tracks, the typical change was +3.8%.

Recent direction

Rent has risen 10 months in a row, and rose in 11 of the last 12 months.

What a typical income covers

30% of the median household income ($169,417) is $4,235 a month. That covers HUD's Fair Market Rent for up to a 4-bedroom ($3,280).

Cheaper nearby

ZIP 19380, 6 miles away, rents for 12% less ($2,238/mo), about $3,700 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 19355. The seasonal pattern compares Zillow’s seasonally adjusted and unadjusted series. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost
$30,588/yr
At $2,549/mo median
Location
StatePA
CountyChester County
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (4.6% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (+4.6% YoY, +0.5% MoM), not inventory.
Demographics

Who lives here

ZIP 19355 (Malvern, PA) is majority owner-occupied, has a median income above the national average, 74.8% of residents hold a bachelor's degree or higher.

Population
29,425
Median income
$169,417
Median age
42
Renters
26.5%
Age distribution
23.7%
16.5%
28%
14.9%
16.8%
Under 1823.7%
18–3416.5%
35–5428%
55–6414.9%
65+16.8%
Gender
49.6%
50.4%
Male49.6%
Female50.4%
Race & ethnicity
72.6%
16.9%
White72.6%
Black3.2%
Hispanic6.1%
Asian16.9%
Other1.2%
Education (25+)
13.3%
74.8%
No HS diploma2.9%
HS diploma9%
Some college13.3%
Bachelor's+74.8%
Housing tenure
73.5%
26.5%
Owner73.5%
Renter26.5%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2021 vs 2026

How ZIP 19355 in Malvern, PA has changed in 5 years

Rent
$1,882 → $2,549
up 35.4%
Income
$143,969 → $169,417
up 17.7%
Population
28,188 → 29,425
up 4.4%
Renter share
25.3% → 26.5%
+1.2 pts
Bachelor's+
71.8% → 74.8%
+3.0 pts
Median age
40.5 → 42
+1.5 yrs

Across the past five years, the going rent in ZIP 19355 in Malvern, PA has shifted from $1,882 to $2,549, up 35.4% since 2021. Local incomes tracked alongside that move, going from a median of $143,969 in 2021 to $169,417 more recently. Because rent grew faster than wages over the same span, the affordability picture has tightened relative to 2021. Census counts show ZIP 19355 in Malvern, PA adding about 1,237 residents over the five-year window, up 4.4% on net. Bachelor's-degree-or-higher attainment moved from 71.8% to 74.8% across the same window. These shifts give renters and would-be renters a longer baseline for sizing up today's listings against the ZIP 19355 in Malvern, PA market of 2021.

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About renting in ZIP 19355

Last updated: October 17, 2026

ZIP code 19355 covers Malvern, PA. The median rent here is $2,549/mo as of October 2026. A 1-bedroom rents for a median of $2,060/mo. A 2-bedroom rents for a median of $2,450/mo.

At 18% of local median household income ($169,417/yr), ZIP 19355 ranks as affordable compared to the national benchmark of 30%. Rents have increased 4.6% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 19355?

To keep rent at or below 30% of gross income, you would need to earn at least $102,000/year (about $49/hour full-time) to afford the median rent of $2,549/mo in ZIP 19355. The local median household income is $169,417/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 19355?

Rent in ZIP 19355 has risen 4.6% over the past year as of September 2026. That is the highest level since Zillow's records here began in December 2020.

When is the cheapest time to rent in ZIP 19355?

Asking rents in ZIP 19355 are usually lowest in February, about 1.1% below their yearly trend, and highest in July, about 1.2% above it. At today's median that is a gap of roughly $59 a month. This pattern comes from 5 years of Zillow rent data.

How does ZIP 19355 compare to other ZIPs in Pennsylvania?

ZIP 19355 is one of the pricier among Pennsylvania ZIP codes for rent, ranking #6 of 261 at $2,549/mo. Over the year to September 2026, rent in ZIP 19355 changed +4.6%, against a typical +3.8% across the 205 Pennsylvania ZIP codes Zillow tracks.

How does ZIP 19355 compare to the rest of Malvern?

At $2,549/mo, ZIP 19355 is $2 below the Malvern citywide median of $2,551/mo.
Income Affordability
18%
VERY AFFORDABLE

At $2,549/mo, rent takes ~18% of ZIP 19355's median household income ($169,417/yr). The standard benchmark is 30%.

ZIP 19355 18%Benchmark 30%
State income tax3.07%
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