
Cheap Homes for Rent in Palmyra, NE from $600 (16 Rentals)
Search the lowest-cost Homes available for rent right now in Palmyra.


411 7th St

2601 N 47th St

4621 Prescott Ave

5717 Hartley St
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

2740 N 49th St

323 S 47th St

2330 N 44th St

3831 S 46th St

11141 N 137th St
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.

3405 Holdrege St

1640 N 56th St

1741 Ridgehaven Ct

1701 Ridgehaven Ct

4715 Gladstone St
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.

1613 Deweese Dr
Palmyra, NE 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 | $1,133 | $850 | $1,700 |
| Palmyra 3 Bedroom Homes for Rent | $1,932 | $1,350 | $2,900 |
| Palmyra 4 Bedroom Homes for Rent | $2,339 | $1,800 | $3,000 |
| Palmyra 5 Bedroom Homes for Rent | $2,249 | $2,199 | $2,300 |
Browse Top Homes for Rent in Palmyra
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Palmyra, NE Local Guide
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Cheapest Available Palmyra Apartments for Rent and Nearby
 The cheapest available apartment rental in Palmyra, NE is a 1 Bed unit found at Gate Park Apartments in the Taylor Park neighborhood priced from $845. Hickman Hills Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $895. Here is today’s list of the most affordable Palmyra apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Gate Park Apartments | GP-1BD Patio 567 | 1BR,1BA | $845 |
| Hickman Hills Apartments | A | Studio,1BA | $895 |
| Somerset | 1 Bedroom, 1 Bathroom - 750 SF | 1BR,1BA | $999 |
| 56th Street Lofts & | 2 BR/1 BA | 2BR,1BA | $1,000 |
| The Flats at Shadow Creek | Willow (A2-55) | Studio,1BA | $1,007 |
Best Value Apartments for Rent in Palmyra, NE and Nearby
As of June 13, 2026 the best value apartment in the Palmyra area is the $1.36 price per square foot TriCourt Courtyard Model at Lodge at Heritage Lakes in the in the Family Acres neighborhood starting from $1,800. The second greatest value Palmyra apartment is the Two Bedroom Model at Summit Falls Apartments & Townhomes starting at $1,530 with a $1.20 price per square foot in the Family Acres 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. |
|---|---|---|---|
| Lodge at Heritage Lakes | TriCourt Courtyard | 3BR,2BA | $1.36 |
| Summit Falls Apartments & Townhomes | Two Bedroom | 2BR,2BA | $1.20 |
| Kensington Park | 5100 Attached Garage | 2BR,2BA | $1.22 |
| Williamsburg Park Apartments | Roanoke River | 1BR,1BA | $1.32 |
| Regency | 1 Bed 1 Bath with Den | 1BR,1BA | $1.13 |
| Willow Creek Apartments | 2BR-3rd Floor | 2BR,2BA | $1.37 |
| 56th Street Lofts & | 1 BR/1 BA | 1BR,1BA | $1.32 |
| Thomasbrook | 2 Bed, 1 Bath - B1 800 SF | 2BR,1BA | $1.37 |
| Wilderness Hills South Apartments | B1/B2 | 1BR,1BA | $1.40 |
| Somerset | 1 Bedroom, 1 Bathroom - 750 SF | 1BR,1BA | $1.33 |
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 ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
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 #68
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 Palmyra
What type of rentals are currently available in Palmyra?
There are currently 34 Apartments for Rent in Palmyra, NE with pricing that ranges from $795 to $3,180. There are also 48 Single Family Homes for rent, Condos, and Townhome rentals currently available in Palmyra ranging from $695 to $3,000.
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 $695 to $3,000 with an average monthly rent of $1,550.
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

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.