Cheap Apartments for Rent in Palmyra, NE from $700 (40 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

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.

Read Article

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.

Read Article

Cash 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 Article

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.

Read Article

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.

Read Article
Showing Results 1-40, Page 1 of 1

Palmyra, NE Local Guide

Cheapest Available Palmyra Apartments for Rent and Nearby

 

The cheapest available apartment rental in Palmyra, NE is a Studio unit found at Kensington Park in the Family Acres neighborhood priced from $805. Pine Lake Heights Apartments in the Southern Hills neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $873. Here is today’s list of the most affordable Palmyra apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Kensington ParkStudioStudio,1BA$805
Pine Lake Heights ApartmentsShelbyStudio,1BA$873
Cherrywood Apartments2Bd/1Ba2BR,1BA$910
Thomasbrook1 Bed, 1 Bath - A1 620 SF1BR,1BA$911
Somerset1 Bedroom, 1 Bathroom - 750 SF1BR,1BA$950
Notting Hill ApartmentsSStudio,1BA$955
Chateau At Holmes LakeStargazerStudio,1BA$995
Regency1 Bed 1 Bath with Den1BR,1BA$1,015
The 8801 CLOMaloneStudio,1BA$1,025
Summit Falls Apartments & TownhomesOne Bedroom1BR,1BA$1,050

Best Value Apartments for Rent in Palmyra, NE and Nearby

As of October 28, 2025 the best value apartment in the Palmyra area is the $1.25 price per square foot 2BR-Large-2nd Floor Model at Willow Creek Apartments in the in the Taylor Park neighborhood starting from $1,190. The second greatest value Palmyra apartment is the 2Bd/1Ba Model at Cherrywood Apartments starting at $910 with a $0.97 price per square foot in the Taylor Park neighborhood. 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.
Willow Creek Apartments2BR-Large-2nd Floor2BR,2BA$1.25
Cherrywood Apartments2Bd/1Ba2BR,1BA$0.97
Williamsburg Park ApartmentsRoanoke River1BR,1BA$1.34
Kensington Park5100 Building Attached garage1BR,1.5BA$1.14
Regency1 Bed 1 Bath with Den1BR,1BA$1.13
Gate Park ApartmentsGP-2B2B Balcony 8972BR,1.5BA$1.22
Rockledge Oaks ApartmentsB11BR,1BA$1.39
Lodge at Heritage LakesMeadow Lane Courtyard1BR,1BA$1.38
Highpointe by BroadmoorDenali1BR,1BA$1.39
Somerset1 Bedroom, 1 Bathroom - 750 SF1BR,1BA$1.27

Apartment Common Area Rules: What Renters Need to Know

From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.

Read Article
Decorative image

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 Article
Decorative image

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.

Read Article
Decorative image

Quick 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.

decorative image of people with a giant lease agreement

Pet Friendly Lifestyle
Palmyra, NE

Ranked #68

Among cities in Nebraska for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

decorative image of woman handing cat to small boy

Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Palmyra, NE Rentals by Map

Decorative image of map

See the most popular apartments and homes in Palmyra, NE

View Map
Palmyra, NE Apartments Map
View Map
Palmyra, NE Rental Homes Map

Getting Around Palmyra, NE

Walk Score®

12 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

23 / 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

What is the Cheapest Studio apartment in Palmyra?

Currently the most affordable Cheap Studio Apartment in Palmyra is at Kensington Park listed at $805.

How much is rent for a Cheap One Bedroom Palmyra Apartment?

The lowest price for a Cheap One Bedroom Palmyra Apartment is $911 at Thomasbrook.

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 $910 at Cherrywood Apartments.

What is the most affordable Palmyra Three Bedroom Apartment?

The best deal on a cheap Palmyra Three Bedroom Apartment rental is at Williamsburg Park Apartments and starts from $1,642.

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 Apartment Common Area Rules: What Renters Need to Know article

Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

decorative image for How to Negotiate Your Apartment Lease and Save Money article

How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

decorative image for The Rental Move-In Inspection Checklist: A Guide for Renters article

The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.