Cheap Apartments for Rent in Palmyra, MO from $300 (16 Rentals)

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

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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property at 133 S 4th St

133 S 4th St

QuincyIL62301

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.

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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.

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Palmyra, MO Local Guide

Cheapest Available Palmyra Apartments for Rent and Nearby

 

The cheapest available apartment rental in Palmyra, MO is a 2 Beds unit found at Cedar Creek Crossing Apartments priced from $300. Monroe City Senior Housing 62+ 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
Cedar Creek Crossing Apartments2 Bed 2 Bath2BR,2BA$300
Monroe City Senior Housing 62+1 Bed 1 Bath1BR,1BA$675
1500 N Carolina St2X22BR,2BA$700
Emerson Garden ApartmentsThree Beds Two Baths3BR,2BA$1,400

Best Value Apartments for Rent in Palmyra, MO and Nearby

As of July 25, 2025 the best value apartment in the Palmyra area is the $1.08 price per square foot Three Beds Two Baths Model at Emerson Garden Apartments in the starting from $1,400. The second greatest value Palmyra apartment is the 3x2 Model at 1500 N Carolina St starting at $1,000 with a $1.00 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.
Emerson Garden ApartmentsThree Beds Two Baths3BR,2BA$1.08
1500 N Carolina St3x23BR,2BA$1.00
Cedar Creek Crossing Apartments2 Bed 2 Bath2BR,2BA$0.31
1219 Vermont St, Unit 1219 Vermont1219 Vermont St2BR,1.5BA$1.67
1851 Broadway St, Unit 2011851 Broadway St1BR,1BA$1.47
10 Suncrest Ter, Unit 110 Suncrest Ter1BR,1BA$1.00
Monroe City Senior Housing 62+1 Bed 1 Bath1BR,1BA$1.14

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Palmyra, MO

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Explore Palmyra, MO Rentals by Map

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Getting Around Palmyra, MO

Walk Score®

30 / 100

Car-Dependent

Most errands require a car

Bike Score®

36 / 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 $675 at Monroe City Senior Housing 62+.

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 $300 at Cedar Creek Crossing Apartments.

What is the most affordable Palmyra Three Bedroom Apartment?

The best deal on a cheap Palmyra Three Bedroom Apartment rental is at 1500 N Carolina St and starts from $775.

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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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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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.