205 North St
RaymondIL62560
Cheap Homes for Rent in Palmyra, IL from $600 (10 Rentals)
Search the lowest-cost Homes available for rent right now in Palmyra.
2013 S Spring St
SpringfieldIL62704
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.
3048 S 11th St
SpringfieldIL62703
2110 Bradley Ct
SpringfieldIL62703
404 E Madison St
AuburnIL62615
336 E Wolcott St
JacksonvilleIL62650
6 Tamaroa Dr
PawneeIL62558
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
1912 S 2nd St
SpringfieldIL62704
1412 S College St
SpringfieldIL62704
2022 Austin Dr
SpringfieldIL62704
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Palmyra, IL Local Guide
Illinois railroad tracks by H. Michael Miley is licensed under CC BY 2.0
How much does it cost to rent a home in Palmyra?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Palmyra 2 Bedroom Homes for Rent | $1,060 | $750 | $1,495 |
| Palmyra 3 Bedroom Homes for Rent | $1,874 | $950 | $2,700 |
| Palmyra 4 Bedroom Homes for Rent | $2,402 | $1,675 | $2,900 |
Browse Top Homes for Rent in Palmyra
Explore Palmyra
Palmyra, IL Local Guide
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Cheapest Available Palmyra Apartments for Rent and Nearby
The cheapest available apartment rental in Palmyra, IL is a 1 Bed unit found at Jacksonville Affordable Housing priced from $462. The Hickcox Collection in the Downtown Springfield neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $616. Here is today’s list of the most affordable Palmyra apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Jacksonville Affordable Housing | 1 Bedroom 50% | 1BR,1BA | $462 |
| The Hickcox Collection | The Hickox | Studio,1BA | $616 |
| Safe Harbor Properties | Studio | Studio,1BA | $675 |
Best Value Apartments for Rent in Palmyra, IL and Nearby
As of May 30, 2025 the best value apartment in the Palmyra area is the $1.15 price per square foot 2 Bedroom/1 Bath Large Model at Meadow View Landing in the in the Downtown Springfield neighborhood starting from $1,200. The second greatest value Palmyra apartment is the Townhome Model at Ravenwood Townhomes starting at $875 with a $0.88 price per square foot . Here is today’s list of the best values for Palmyra apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Meadow View Landing | 2 Bedroom/1 Bath Large | 2BR,1BA | $1.15 |
| Ravenwood Townhomes | Townhome | 2BR,1.5BA | $0.88 |
| Candles | B1 | 2BR,1.5BA | $1.01 |
| 3TEN | B1 | 2BR,1BA | $1.13 |
| New Eastlawn Apartments | Two Bedroom | 2BR,1BA | $0.97 |
| Denison Place | One Bedroom | 1BR,1BA | $0.84 |
| Cobblestone Apartments | Cobblestone 2BD | 2BR,1BA | $1.06 |
| Lincoln Tower Apartments | 1 Bed 1 Bath | 1BR,1BA | $1.07 |
| Safe Harbor Properties | Studio | Studio ,1BA | $1.08 |
| Jacksonville Affordable Housing | 1 Bedroom 60% | 1BR,1BA | $0.84 |
Quick Rent Budget Calculator
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Frequently Asked Questions about Palmyra
What type of rentals are currently available in Palmyra?
There are currently 36 Apartments for Rent in Palmyra, IL with pricing that ranges from $331 to $2,050. There are also 35 Single Family Homes for rent, Condos, and Townhome rentals currently available in Palmyra ranging from $675 to $2,900.
What is the current price range for Rental Homes in Palmyra?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Palmyra ranges from $675 to $2,900 with an average monthly rent of $1,363.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.
The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.
Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.
The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.
Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.