Cheap Apartments for Rent near Palmyra, MI from $500 (51 Rentals)

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

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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Lake of the Woods
1 to 3 Bedroom Apartments

Lake of the Woods

6633 W Bancroft StToledo, OH 43615
  • Utilities Included
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Legacy at Brookforest
1 to 2 Bedroom Apartments

Legacy at Brookforest

8150 Jackman RdTemperance, MI 48182
  • Utilities Included
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Homestead Apartments
1 to 2 Bedroom Apartments

Homestead Apartments

300 Marlboro CtTecumseh, MI 49286
  • Utilities Included

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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Centurion House
2 Bedroom Apartments

Centurion House

4125 W Sylvania AveToledo, OH 43623
  • Utilities Included

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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Showing Results 1-50, Page 1 of 2

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 Whitman Crossing in the Lenawee County neighborhood priced from $619. Westbrook Apartments in the North Toledo neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $650. Here is today’s list of the most affordable Palmyra apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Whitman Crossing1 Bedroom Unit1BR,1BA$619
Westbrook ApartmentsOne Bedroom1BR,1BA$650
GreenglenStudio ApartmentStudio,1BA$681
Bedford Meadows1 Bedroom 1 Bathroom1BR,1BA$689
Hunt Club Apartments1x1 4901BR,1BA$700
Alexor1 BR, 1 BA- Upgrade1BR,1BA$712
York Hills ApartmentsYork Hills Apartments - One Bedroom ** FIRST MO...1BR,1BA$750
New England LaneWedgewood - 1BR1BR,1BA$760
Winter Haven ApartmentsOne Bedroom1BR,1BA$785
Westridge ApartmentsSmall 1 Bedroom1BR,1BA$819

Best Value Apartments for Rent in Palmyra, MI and Nearby

As of July 12, 2026 the best value apartment in the Palmyra area is the $1.04 price per square foot 3 bed / 2 bath Model at Olde Farm Estates in the in the Trilby neighborhood starting from $2,595. The second greatest value Palmyra apartment is the 2x2 1100 Model at Country Trace Apartments starting at $1,100 with a $1.15 price per square foot in the North Toledo neighborhood. 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.
Olde Farm Estates3 bed / 2 bath3BR,2BA$1.04
Country Trace Apartments2x2 11002BR,2BA$1.15
Bell Estates ApartmentsTwo Bedroom One Bath2BR,1BA$1.15
Sherloch Forest ApartmentsJ-M2BR,1BA$1.16
Whitman Crossing1 Bedroom Unit1BR,1BA$0.67
Hidden Pines Apartments2 Bed 1 Bath2BR,1BA$1.08
Alexor2 BR, 1 BA- Upgrade2BR,1BA$1.14
Winter Haven ApartmentsOne Bedroom1BR,1BA$1.12
Tudor ArmsOne Bedroom1BR,1BA$1.17
Westbrook ApartmentsOne Bedroom1BR,1BA$1.12

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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The Best Detroit Area Neighborhoods for Off-Campus Housing Renters

A Local Expert's guide to the Best Student Friendly Neighborhoods Near Colleges in the Detroit area for Off-Campus Student Housing. Find your perfect Detroit Student apartment, condo, or rental home today at ApartmentHomeliving.com

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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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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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 $619 at Whitman Crossing.

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 $726 at Whitman Crossing.

What is the most affordable Palmyra Three Bedroom Apartment?

The best deal on a cheap Palmyra Three Bedroom Apartment rental is at New England Lane and starts from $1,150.

Expert Rental Resources

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.

Helpful Local Expert Guides

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

Written by: Tim Brown

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 Best Detroit Area Neighborhoods for Off-Campus Housing Renters

Written by: Tim Brown

Detroit is an exciting and vibrant city with many educational and employment opportunities, and many neighborhoods to choose from while attending school.

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The Detroit Insider's Renting Guide: A Locals Look Under the Hood of Motown

Written by: Tim Brown

I'm Tim, your ApartmentHomeLiving.com Local Expert for Detroit, Michigan. My family and I have lived in metro Detroit since the late 1990s and have witnessed the city and its surrounding metro area undergo a renaissance.

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Relocate to Detroit: Top Neighborhoods and Apartment Options Near Major Area Employers

Written by: Tim Brown

The auto industry remains the largest employment sector in the Motor City and surrounding communities, though the metro area has a significant presence in other sectors, including medical and financial services.

Articles, How-To's, and Tips

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.