Cheap Homes for Rent in Palmyra, MO from $500 (6 Rentals)

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Search the lowest-cost Homes 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.

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

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

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 ListingModel NameBed/BathPrice Per Sq.Ft.
Emerson Garden ApartmentsThree Beds Two Baths3BR,2BA$1.08
200 Jaycee Dr, Unit 204200 Jaycee Dr1BR,1BA$1.39
1500 N Carolina St3x23BR,2BA$1.00
1219 Vermont St, Unit 1219 Vermont1219 Vermont St2BR,1.5BA$1.67
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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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.

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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.

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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.

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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.