
Cheap Homes for Rent in Palmyra, NY from $1,200 (4 Rentals)
Search the lowest-cost Homes available for rent right now in Palmyra.


1649 Ridge Rd

136 Milrace Dr

62 Milrace Dr
Palmyra, NY 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 | $2,271 | $1,200 | $3,398 |
| Palmyra 3 Bedroom Homes for Rent | $3,167 | $1,980 | $5,500 |
| Palmyra 4 Bedroom Homes for Rent | $2,702 | $2,200 | $3,295 |
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Palmyra, NY Local Guide
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Best Value Apartments for Rent in Palmyra, NY and Nearby
As of November 15, 2025 the best value apartment in the Palmyra area is the $1.54 price per square foot 3 Bedroom 2.5 Bath Townhome Model at Creekwood Townhomes in the in the Victor Farmington neighborhood starting from $2,600. 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Creekwood Townhomes | 3 Bedroom 2.5 Bath Townhome | 3BR,2.5BA | $1.54 |
| Parkside Townhomes | 3 Bedroom Townhome- WAITLIST AD | 3BR,2.5BA | $1.35 |
| The Links at CenterPointe Townhomes | Two Bedroom 2.5 Bath Townhome - 1,356 sqft | 2BR,2.5BA | $1.55 |
| Victor Heights - Fully Renovated! | 3 Bedroom with Garage | 3BR,1.5BA | $1.62 |
| Stone Hedge Village Townhouses | 3 bedroom townhouse - Phase II | 3BR,1.5BA | $1.33 |
| Knollwood Manor Apartment Homes | Two Bedroom- 941 sqft | 2BR,1BA | $1.56 |
| Terrace Apartments | 2 Bedroom Standard | 2BR,1BA | $1.42 |
| Evergreen Hills Apartments | 2 bedroom | 2BR,1BA | $1.15 |
| Northside Apartments | 2 Beds, 1 bath | 2BR,1BA | $1.41 |
| Farmington Manor | 2 Bedroom / 1 Bathrom | 2BR,1BA | $1.40 |
Quick Rent Budget Calculator
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Best Local Schools in Palmyra, NY
Palmyra Macedon Middle School
School data provided by Great Schools
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 63 Apartments for Rent in Palmyra, NY with pricing that ranges from $927 to $4,760. There are also 34 Single Family Homes for rent, Condos, and Townhome rentals currently available in Palmyra ranging from $1,200 to $5,500.
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 $1,200 to $5,500 with an average monthly rent of $2,713.
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 $1,400 to $4,455, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,980 to $5,500. Four Bedroom Single-Family rentals are also available starting from $2,200 and Four Bedroom Apartments start at $1,850.
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.

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.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

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.

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.