
Cheap Apartments for Rent in Palmyra, NE from $700 (45 Rentals)
Search the lowest-cost Apartments available for rent right now in Palmyra.


The Lodge

Cherrywood Apartments

Sutter Place

Thomasbrook

Hickman Hills Apartments

Highpointe by Broadmoor

Regency

Notting Hill Apartments
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.

Wilderness Creek Residences

Somerset

56th Street Lofts &

The Flats at Shadow Creek

Ashbrook by Broadmoor

Wilderness Brook Apartments

East Lake Flats

Water's Edge at the Woodlands

Aristos
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.

Kensington Park

Lodge at Heritage Lakes

Rockledge Oaks Apartments

Chateau At Holmes Lake

Level at Village Gardens

Wilderness Hills South Apartments

The 8801 CLO

Willow Creek Apartments

The Donovan Apartment Homes
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.

The Flats at 84

The Villas at Mahoney Park

Summit Falls Apartments & Townhomes

315 S 47th St

321 Chestnut St

3629 N 60th St

3840 S 46th St

2350 N 44th St

3831 S 46th St
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.

2384 N 44th St

1640 N 56th St

2340 N 44th St

2380 N 44th St

1648 N 56th St

5200 Myrtle St

314 S 47th St

Aventine at Wilderness Hills

Williamsburg Park Apartments
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.
Palmyra, NE Local Guide

How much does it cost to rent an apartment in Palmyra?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Palmyra Studio Apartments | $1,084 | $895 | $1,200 |
| Palmyra 1 Bedroom Apartments | $1,279 | $785 | $2,545 |
| Palmyra 2 Bedroom Apartments | $1,647 | $895 | $2,535 |
| Palmyra 3 Bedroom Apartments | $2,298 | $1,350 | $3,180 |
Browse Top Apartments in Palmyra
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Palmyra, NE Local Guide
- Nearby Cities
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- School Districts
Cheapest Available Palmyra Apartments for Rent and Nearby
 The cheapest available apartment rental in Palmyra, NE is a 1 Bed unit found at Sutter Place in the Country Club neighborhood priced from $850. Thomasbrook in the Taylor Park neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $877. Here is today’s list of the most affordable Palmyra apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Sutter Place | 1 Bed, 1 Bath | 1BR,1BA | $850 |
| Thomasbrook | 1 Bed, 1 Bath - A1 620 SF | 1BR,1BA | $877 |
| Hickman Hills Apartments | A | Studio,1BA | $895 |
| Cherrywood Apartments | 2Bd/1Ba | 2BR,1BA | $910 |
| Gate Park Apartments | GP-2B2B 830 | 2BR,1BA | $950 |
| Notting Hill Apartments | S | Studio,1BA | $955 |
| Wilderness Creek Residences | Azalea | Studio,1BA | $985 |
| Regency | 1 Bed 1 Bath with Den | 1BR,1BA | $992 |
| Somerset | 1 Bedroom, 1 Bathroom - 750 SF | 1BR,1BA | $995 |
| 56th Street Lofts & | 2 BR/1 BA | 2BR,1BA | $1,000 |
Best Value Apartments for Rent in Palmyra, NE and Nearby
As of March 15, 2026 the best value apartment in the Palmyra area is the $1.36 price per square foot 2 Bedroom, 2 Bathroom - 950 SF Model at Somerset in the in the Taylor Park neighborhood starting from $1,295. 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Somerset | 2 Bedroom, 2 Bathroom - 950 SF | 2BR,2BA | $1.36 |
| Cherrywood Apartments | 2Bd/1Ba | 2BR,1BA | $0.97 |
| Williamsburg Park Apartments | Roanoke River | 1BR,1BA | $1.32 |
| Regency | 1 Bed 1 Bath with Den | 1BR,1BA | $1.10 |
| Willow Creek Apartments | 2BR-3rd Floor | 2BR,2BA | $1.34 |
| 56th Street Lofts & | 1 BR/1 BA | 1BR,1BA | $1.32 |
| Gate Park Apartments | GP-2B2B 830 | 2BR,1.5BA | $1.14 |
| Kensington Park | 6231 Attached Garage | 1BR,1.5BA | $1.27 |
| Sutter Place | 1 Bed, 1 Bath | 1BR,1BA | $1.06 |
| Highpointe by Broadmoor | Denali | 1BR,1BA | $1.39 |
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 ArticleThe 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 ArticleCash 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 ArticleQuick 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.
Pet Friendly LifestylePalmyra, NE
Ranked #67
Among cities in Nebraska for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Palmyra, NE Rentals by Map
See the most popular apartments and homes in Palmyra, NE
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 Hickman Hills Apartments listed at $895.
How much is rent for a Cheap One Bedroom Palmyra Apartment?
The lowest price for a Cheap One Bedroom Palmyra Apartment is $850 at Sutter Place.
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 Kensington Park and starts from $1,500.
Expert Rental Resources
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.
Articles, How-To's, and Tips

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.