Cheap Apartments for Rent in Palmyra, NE from $800 (37 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.

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

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

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

Read Article
Showing Results 1-37, 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. East Lake Flats in the Family Acres neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $925. Here is today’s list of the most affordable Palmyra apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Kensington ParkStudioStudio,1BA$805
East Lake FlatsBerkleyStudio,1BA$925
Thomasbrook1 Bed, 1 Bath - A2 690 SF1BR,1BA$973
Regency1 Bed 1 Bath with Den1BR,1BA$992
Rockledge Oaks ApartmentsA1BR,1BA$1,025
Pine Lake Heights ApartmentsImperial1BR,1BA$1,037
Lodge at Heritage LakesMeadow Lane Courtyard1BR,1BA$1,041
AristosFlorenceStudio,1BA$1,045
Summit Falls Apartments & TownhomesOne Bedroom1BR,1BA$1,085
Level at Village GardensPoppyStudio,1BA$1,099

Best Value Apartments for Rent in Palmyra, NE and Nearby

As of July 22, 2025 the best value apartment in the Palmyra area is the $1.05 price per square foot Presidential Luxury Townhome Model at Chateau At Holmes Lake in the in the Taylor Park neighborhood starting from $2,620. The second greatest value Palmyra apartment is the Roanoke River Model at Williamsburg Park Apartments starting at $1,304 with a $1.41 price per square foot in the Indian Village 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.
Chateau At Holmes LakePresidential Luxury Townhome3BR,2.5BA$1.05
Williamsburg Park ApartmentsRoanoke River1BR,1BA$1.41
Regency1 Bed 1 Bath with Den1BR,1BA$1.10
Kensington Park5100 Building Attached garage1BR,1.5BA$1.14
Summit Falls Apartments & TownhomesOne Bedroom1BR,1BA$1.29
Aventine at Wilderness HillsThe Lancaster1BR,1BA$1.42
The Donovan Apartment HomesA3R1BR,1BA$1.48
Pine Lake Heights ApartmentsImperial1BR,1BA$1.32
Somerset1 Bedroom, 1 Bathroom - 750 SF1BR,1BA$1.47
Thomasbrook1 Bed, 1 Bath - A2 690 SF1BR,1BA$1.41

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 #55

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 $973 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 $1,065 at Kensington Park.

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 Roommate Matching: Finding the Right Fit and Avoiding Pitfalls article

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.

decorative image for The Art of the Rental Viewing: What to look for during a property tour article

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.

decorative image for Know Your Budget: Calculating What You Can Realistically Afford When Renting article

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.

decorative image for The Freedom of Short-Term Leases: Exploring the Advantages for Renters article

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.