Cheap Homes for Rent in Palmyra, MI from $500 (11 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.

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 $625. 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$625
Hunt Club Apartments1x1 5901BR,1BA$675
Alexor1 BR, 1 BA- Upgrade1BR,1BA$687
Bedford Meadows1 Bedroom 1 Bathroom1BR,1BA$689
Winter Haven ApartmentsOne Bedroom Classi1BR,1BA$700

Best Value Apartments for Rent in Palmyra, MI and Nearby

As of May 31, 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 Two Bedroom Model at Woodbury Estates Apartments starting at $1,075 with a $1.08 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
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
Tecumseh ApartmentsRussell Square 2 Bedroom2BR,1BA$1.23
Homestead Apartments2 Bed 1 Bath2BR,1BA$1.24
Alexor1 BR, 1 BA- Premium1BR,1BA$1.10
Hunt Club Apartments1x1 5901BR,1BA$1.14
Westbrook ApartmentsOne Bedroom1BR,1BA$1.08

Quick Rent Budget Calculator

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Frequently Asked Questions about Palmyra

What type of rentals are currently available in Palmyra?

There are currently 45 Apartments for Rent in Palmyra, MI with pricing that ranges from $583 to $3,115. There are also 35 Single Family Homes for rent, Condos, and Townhome rentals currently available in Palmyra ranging from $575 to $3,000.

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 $575 to $3,000 with an average monthly rent of $1,394.

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.

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.

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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.