Cheap Apartments for Rent in Palmyra, MI from $500 (47 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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.

Read Article

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.

Read Article

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.

Read Article
close
View Me
Hunt Club Apartments
1 to 2 Bedroom Apartments

Hunt Club Apartments

5600 W Alexis RdSylvania, OH 43560
  • Utilities Included
close
View Me
Lake of the Woods
1 to 3 Bedroom Apartments

Lake of the Woods

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

Legacy at Brookforest

8150 Jackman RdTemperance, MI 48182
  • Utilities Included
close
View Me
New England Lane
1 to 3 Bedroom Apartments

New England Lane

4815-4855 New England LnSylvania, OH 43560
  • 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.

Read Article
close
View Me
Homestead Apartments
1 to 2 Bedroom Apartments

Homestead Apartments

300 Marlboro CtTecumseh, MI 49286
  • Utilities Included
close
View Me
Centurion House
2 Bedroom Apartments

Centurion House

4125 W Sylvania AveToledo, OH 43623
  • Utilities Included

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

Explore the best residential neighborhoods and apartment options near major employers like GM, Ford, Stellantis, Rocket Companies, and Corewell Health. Find your perfect Motor City home.

Read Article
Showing Results 1-47, Page 1 of 1

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 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
York Hills ApartmentsYork Hills Apartments - One Bedroom ** FIRST MO...1BR,1BA$750
Alexor1 BR (Efficiency), 1 BA- Premium1BR,1BA$757
Winter Haven ApartmentsOne Bedroom1BR,1BA$785
Bedford Meadows2 Bedroom 1 Bathroom2BR,1BA$799
Westridge ApartmentsSmall 1 Bedroom1BR,1BA$819
Tudor ArmsOne Bedroom1BR,1BA$819
Tecumseh ApartmentsStonehenge1BR,1BA$875
Secor FlatsRenovated 1 Bedroom 1 Bathroom (Balcony)1BR,1BA$899

Best Value Apartments for Rent in Palmyra, MI and Nearby

As of May 28, 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 J-M Model at Sherloch Forest Apartments starting at $1,100 with a $1.15 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.
Olde Farm Estates3 bed / 2 bath3BR,2BA$1.04
Sherloch Forest ApartmentsJ-M2BR,1BA$1.15
The Peak Apartments and TownhomesRenovated 2 Bed 1 Bath Flat2BR,1BA$1.23
Whitman Crossing1 Bedroom Unit1BR,1BA$0.67
Hidden Pines Apartments2 Bed 1 Bath2BR,1BA$1.15
Milan Pines1 Bedroom1BR,1BA$1.22
Tudor ArmsOne Bedroom1BR,1BA$1.17
Winter Haven ApartmentsOne Bedroom1BR,1BA$1.12
Alexor1 BR (Efficiency), 1 BA- Premium1BR,1BA$1.16
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.

Read Article
Decorative image

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

Read Article
Decorative image

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.

Read Article
Decorative image

Quick Rent Budget Calculator

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.

decorative image of people with a giant lease agreement

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

Explore Palmyra, MI Rentals by Map

Decorative image of map

See the most popular apartments and homes in Palmyra, MI

View Map
Palmyra, MI Apartments Map
View Map
Palmyra, MI Rental Homes Map

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 $750 at Westbrook Apartments.

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

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

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.

decorative image for The Best Detroit Area Neighborhoods for Off-Campus Housing Renters article

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.

decorative image for The Detroit Insiders Renting Guide: A Locals Look Under the Hood of Motown article

The Detroit Insiders 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.

decorative image for Relocate to Detroit: Top Neighborhoods and Apartment Options Near Major Area Employers article

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 A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

decorative image for Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts article

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

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

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.