1 Bedroom Apartments for Rent in Palmyra, IN (25 Rentals)

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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.

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.

property at 1002 E Main St

1002 E Main St

New AlbanyIN47150
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Lancaster Lofts
1 Bedroom Apartments

Lancaster Lofts

1637 E Market StNew Albany, IN 47150
  • Utilities Included

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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Town Clock Place
1 Bedroom Apartments

Town Clock Place

310-312 E Main StNew Albany, IN 47150

Palmyra, IN Local Guide

Largest Available Palmyra and Nearby 1 Bedroom Apartments

The largest available 1 Bedroom apartment unit in Palmyra, IN is found at The Commons Apartments in the Southern Indiana neighborhood and is 1,031 square feet priced from $1,384. Sheffield Square in the Downtown New Albany neighborhood has the second largest 1 Bedroom, which is sized at 1,009 square feet and currently listed start at $1,029. Here is today’s list of the largest available 1 Bedroom units in Palmyra:

Apartment ListingModel NameSquare FootagePriced From
The Commons Apartments1 BEDROOM LARGE1,031 Sq Ft$1,384
Sheffield SquareOne Bedroom 1.5 Bath Townhome1,009 Sq Ft$1,029
The Villas At Green ValleyVilla 1 Bed First Floor911 Sq Ft$1,100
The BreakwaterStarboard769 Sq Ft$1,065
Brookview GlenOne Bedroom685 Sq Ft$549

Cheapest Available Palmyra and Nearby 1 Bedroom Apartments

As of June 01, 2025 the lowest priced 1 Bedroom apartment unit in Palmyra, IN is the One Bedroom Model starting from $549 at Brookview Glen in the Downtown New Albany neighborhood. The second most affordable Palmyra 1 Bedroom is the 1 Beds, 1 Baths Model at 1743 Culbertson Ave starting at $795 . The average price for all 1 Bedroom apartments in Palmyra is currently $1,018. Here is today’s list of the cheapest available 1 Bedroom options in Palmyra:

Apartment ListingModel NamePriced From
Brookview GlenOne Bedroom$549
1743 Culbertson Ave1 Beds, 1 Baths$795
Sheffield SquareOne Bedroom One Bath Ridge$895
Lancaster LoftsA1$934
Willow RunOne Bed One Bath$949

Quick Rent Budget Calculator

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Palmyra, IN Rentals by Map

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Getting Around Palmyra, IN

Walk Score®

5 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

20 / 100

Somewhat Bikeable

Minimal bike infrastructure

Frequently Asked Questions about 1 Bedroom Palmyra Apartments

How much is the average rent for a 1 Bedroom Palmyra Apartment?

The average rent for a 1 Bedroom Apartment in Palmyra is $1,018.

What is the largest available 1 Bedroom Palmyra Apartment for rent?

Today's apartment with the most square footage in Palmyra is a 1,031 square feet unit starting from $1,384 at The Commons Apartments.

What is the average size for Palmyra 1 Bedroom Apartments for rent?

The average size for a 1 Bedroom rental in Palmyra is currently 700 sq ft.

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.

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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.

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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.

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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.

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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.