4912 Douglas Rd
ToledoOH43613
Cheap Homes for Rent in Palmyra, MI from $600 (10 Rentals)
Search the lowest-cost Homes available for rent right now in Palmyra.
4290 Monroe St
ToledoOH43606
2150 N McCord Rd
ToledoOH43615
5219 Jackman Rd
ToledoOH43613
3424 Douglas Rd
ToledoOH43606
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.
611 Croswell St
AdrianMI49221
5943 Walnut Cir Dr
ToledoOH43615
172 Sand Creek Hwy
AdrianMI49221
2108 Stirrup Ln
ToledoOH43613
3683 Upton Ave
ToledoOH43613
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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Palmyra, MI Local Guide
Autumn on the farm by Jim Sorbie 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 | $1,462 | $750 | $2,900 |
| Palmyra 3 Bedroom Homes for Rent | $1,950 | $1,100 | $3,500 |
| Palmyra 4 Bedroom Homes for Rent | $1,800 | $1,800 | $1,800 |
| Palmyra 5 Bedroom Homes for Rent | $1,600 | $1,600 | $1,600 |
Browse Top Homes for Rent in Palmyra
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Palmyra, MI Local Guide
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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. Greenglen in the Reynolds Corner neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $681. Here is today’s list of the most affordable Palmyra apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Westbrook Apartments | One Bedroom | 1BR,1BA | $650 |
| Greenglen | Studio Apartment | Studio,1BA | $681 |
| Hunt Club Apartments | 1x1 490 | 1BR,1BA | $700 |
Best Value Apartments for Rent in Palmyra, MI and Nearby
As of April 29, 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 1 Bedroom Unit Model at Whitman Crossing starting at $935 with a $1.02 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. |
|---|---|---|---|
| Olde Farm Estates | 3 bed / 2 bath | 3BR,2BA | $1.04 |
| Whitman Crossing | 1 Bedroom Unit | 1BR,1BA | $1.02 |
| Country View Apartments | Two Bedroom, One Bath | 2BR,1BA | $1.21 |
| Hidden Pines Apartments | 2 Bed 1 Bath | 2BR,1BA | $1.15 |
| Milan Pines | 1 Bedroom | 1BR,1BA | $1.22 |
| Lake of the Woods | The Barkley | 1BR,1BA | $1.01 |
| Winter Haven Apartments | One Bedroom | 1BR,1BA | $1.12 |
| Tudor Arms | One Bedroom | 1BR,1BA | $1.17 |
| Alexor | 1 BR (Efficiency), 1 BA- Premium | 1BR,1BA | $1.17 |
| Westbrook Apartments | One Bedroom | 1BR,1BA | $1.12 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read Article
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 ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash 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 ArticleThe 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 ArticleQuick 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.
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Explore Palmyra, MI Rentals by Map
See the most popular apartments and homes in Palmyra, MI
Frequently Asked Questions about Palmyra
What type of rentals are currently available in Palmyra?
There are currently 55 Apartments for Rent in Palmyra, MI with pricing that ranges from $583 to $2,609. There are also 30 Single Family Homes for rent, Condos, and Townhome rentals currently available in Palmyra ranging from $675 to $3,500.
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 $3,500 with an average monthly rent of $1,522.
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
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.
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.
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.
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
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.
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.
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.
18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.