Cheap Apartments for Rent in Palmyra, MI from $500 (33 Rentals)

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Search the lowest-cost Apartments available for rent right now in Palmyra.

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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.

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Ravenswood Apartments
1 to 2 Bedroom Apartments

Ravenswood Apartments

4668 Talmadge RdToledo, OH 43623
  • Utilities Included
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Dundee Pines 2
2 Bedroom Apartments

Dundee Pines 2

500 E Monroe StDundee, MI 48131
  • Utilities Included

Check Out Detroit’s Best Affordable Neighborhoods

Learn about Detroit and the best places to live with original content written by our Local Expert Tim Brown

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Palmyra, MI Local Guide

Cheapest Available Palmyra Apartments for Rent and Nearby

 

The cheapest available apartment rental in Palmyra, MI is a 1 Bed unit found at Westbrook Apartments in the North Toledo neighborhood priced from $650. Hunt Club Apartments in the North Toledo neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $675. Here is today’s list of the most affordable Palmyra apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Westbrook ApartmentsOne Bedroom1BR,1BA$650
Hunt Club Apartments1x1 5901BR,1BA$675
Bedford Meadows1 Bedroom 1 Bathroom1BR,1BA$689
Winter Haven ApartmentsOne Bedroom Classi1BR,1BA$700
GreenglenStudio ApartmentStudio,1BA$725
Riverview Terrace ApartmentsStudioStudio,1BA$728
Alexor2 BR, 1 BA- Upgrade2BR,1BA$753
New England LaneEnglish Manor - 1BR1BR,1BA$770
Homestead Apartments2 Bed 1 Bath2BR,1BA$900
Tecumseh ApartmentsRussell Square 2 Bedroom2BR,1BA$925

Best Value Apartments for Rent in Palmyra, MI and Nearby

As of June 02, 2025 the best value apartment in the Palmyra area is the $1.12 price per square foot Villa - End Unit - 2 Car Attached Garage Model at Addison Place in the in the Reynolds Corner neighborhood starting from $1,797. The second greatest value Palmyra apartment is the 3 Bedroom Unit Model at Whitman Crossing starting at $978 with a $0.72 price per square foot . Here is today’s list of the best values for Palmyra apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Addison PlaceVilla - End Unit - 2 Car Attached Garage2BR,2BA$1.12
Whitman Crossing3 Bedroom Unit3BR,1.5BA$0.72
Woodbury Estates ApartmentsTwo Bedroom2BR,1BA$1.08
Eaglestone Village2 Bedroom 1 Bathroom2BR,1BA$1.07
Country Trace Apartments2x2 11002BR,2BA$1.15
The Peak Apartments and TownhomesRenovated 2 Bed 1 Bath Flat2BR,1BA$1.23
Alexor2 BR, 1 BA- Upgrade2BR,1BA$0.94
Tecumseh ApartmentsRussell Square 2 Bedroom2BR,1BA$1.23
Hunt Club Apartments1x1 5901BR,1BA$1.14
Westbrook ApartmentsOne Bedroom1BR,1BA$1.12

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

Explore Palmyra, MI Rentals by Map

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See the most popular apartments and homes in Palmyra, MI

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Getting Around Palmyra, MI

Walk Score®

5 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

29 / 100

Somewhat Bikeable

Minimal bike infrastructure

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Palmyra Apartments

How much is rent for a Cheap One Bedroom Palmyra Apartment?

The lowest price for a Cheap One Bedroom Palmyra Apartment is $650 at Westbrook Apartments.

What is the lowest price for a Cheap Two Bedroom Palmyra Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Palmyra is starting from $753 at Alexor.

What is the most affordable Palmyra Three Bedroom Apartment?

The best deal on a cheap Palmyra Three Bedroom Apartment rental is at Whitman Crossing and starts from $978.

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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A Detroit Local Expert’s Guide to the 10 Best Budget-Friendly Neighborhoods to Rent

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I'm Tim, your ApartmentHomeLiving.com Local Expert for Detroit, Michigan. My family and I have lived in metro Detroit since the late 1990s.

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The Art of the Rental Viewing: What to look for during a property tour

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

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If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.