
Cheap Homes for Rent in Palmyra, MO from $500 (6 Rentals)
Search the lowest-cost Homes available for rent right now in Palmyra.


725 E Monroe St

226 Locust St
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.

23 S Lincoln St

1502 N Olive St

119 N 1st St
The 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.
Palmyra, MO Local Guide

How much does it cost to rent a home in Palmyra?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Palmyra 2 Bedroom Homes for Rent | $836 | $570 | $1,150 |
Palmyra 3 Bedroom Homes for Rent | $1,130 | $298 | $1,850 |
Browse Top Homes for Rent in Palmyra
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Palmyra, MO Local Guide
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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 Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Cedar Creek Crossing Apartments | 2 Bed 2 Bath | 2BR,2BA | $300 |
Monroe City Senior Housing 62+ | 1 Bed 1 Bath | 1BR,1BA | $675 |
1500 N Carolina St | 2X2 | 2BR,2BA | $700 |
Best Value Apartments for Rent in Palmyra, MO and Nearby
As of August 05, 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 200 Jaycee Dr Model at 200 Jaycee Dr, Unit 204 starting at $1,450 with a $1.39 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. |
---|---|---|---|
Emerson Garden Apartments | Three Beds Two Baths | 3BR,2BA | $1.08 |
200 Jaycee Dr, Unit 204 | 200 Jaycee Dr | 1BR,1BA | $1.39 |
1500 N Carolina St | 3x2 | 3BR,2BA | $1.00 |
1219 Vermont St, Unit 1219 Vermont | 1219 Vermont St | 2BR,1.5BA | $1.67 |
10 Suncrest Ter, Unit 1 | 10 Suncrest Ter | 1BR,1BA | $1.00 |
Monroe City Senior Housing 62+ | 1 Bed 1 Bath | 1BR,1BA | $1.14 |
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Frequently Asked Questions about Palmyra
What type of rentals are currently available in Palmyra?
There are currently 19 Apartments for Rent in Palmyra, MO with pricing that ranges from $300 to $1,800. There are also 17 Single Family Homes for rent, Condos, and Townhome rentals currently available in Palmyra ranging from $298 to $1,850.
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 $298 to $1,850 with an average monthly rent of $908.
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.

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Written by: Christine Leonard, Esq.
Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

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.

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.