Cheap Homes for Rent in Palmyra, NY from $1,000 (10 Rentals)

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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.

property at 54 West Ave

$1,950 - $1,975

1 Bedroom Rentals

Available Jul 13

54 West Ave

FairportNY14450
property at 14 Elm St

$1,800 - $2,000

2 Bedroom Rentals

Available Now

14 Elm St

BloomfieldNY14469

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.

Palmyra, NY Local Guide

Cheapest Available Palmyra Apartments for Rent and Nearby

 

The cheapest available apartment rental in Palmyra, NY is a 2 Beds unit found at Evergreen Hills in the Wayne County neighborhood priced from $1,049. Northside Apartments has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,200. Here is today’s list of the most affordable Palmyra apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Evergreen HillsAffordable 2 Bedroom2BR,1BA$1,049
Northside Apartments2bedroom 1bath2BR,1BA$1,200
Knollwood Manor Apartment HomesOne Bedroom- 796 sqft1BR,1BA$1,325

Best Value Apartments for Rent in Palmyra, NY and Nearby

As of July 09, 2026 the best value apartment in the Palmyra area is the $1.66 price per square foot Creekwood Townhomes 3BR 2.5 BA Model at Creekwood Townhomes in the in the Victor Farmington neighborhood starting from $2,800. The second greatest value Palmyra apartment is the 3 Bedroom Townhome- WAITLIST AD Model at Parkside Townhomes starting at $2,064 with a $1.35 price per square foot in the Victor Farmington 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.
Creekwood TownhomesCreekwood Townhomes 3BR 2.5 BA3BR,2.5BA$1.66
Parkside Townhomes3 Bedroom Townhome- WAITLIST AD3BR,2.5BA$1.35
Hathaway Meadows3 Bedroom Townhome3BR,2.5BA$1.66
Whitney Ridge Apartments3 Bedroom3BR,2BA$1.53
Fairdale TownhomesThree Bedroom Remodeled3BR,2.5BA$1.55
Auburn Creek Apartment HomesTwo Bedroom 2 Bath- 1165 sqft2BR,2BA$1.60
Mertensia Gardens - Fully Renovated!2Bedroom2BR,1.5BA$1.64
Evergreen HillsAffordable 2 Bedroom2BR,1BA$1.15
Northside Apartments2bedroom 1bath2BR,1BA$1.41
Knollwood Manor Apartment HomesOne Bedroom- 796 sqft1BR,1BA$1.66

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.

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Real 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.

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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.

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

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Frequently Asked Questions about Palmyra

What type of rentals are currently available in Palmyra?

There are currently 65 Apartments for Rent in Palmyra, NY with pricing that ranges from $884 to $3,800. There are also 33 Single Family Homes for rent, Condos, and Townhome rentals currently available in Palmyra ranging from $1,000 to $5,998.

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 $1,000 to $5,998 with an average monthly rent of $3,143.

How much are larger Three and Four Bedroom Rentals in Palmyra?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Palmyra range from $1,460 to $3,800, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,000 to $5,500. Four Bedroom Single-Family rentals are also available starting from $2,200 and Four Bedroom Apartments start at $1,995.

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

decorative image for Beyond the Finger Lakes: Unveiling Rochester's 7 Best-Value Neighborhoods to Rent article

Beyond the Finger Lakes: Unveiling Rochester's 7 Best-Value Neighborhoods to Rent

Written by: Patrick Ryan

There has never been a better time to live in Rochester.  Also known as the Young Lion of the West and Flower City, Rochester is an underrated living space within the gorgeous Finger Lakes region.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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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.