
Cheap Homes for Rent in Palmyra, NY from $900 (11 Rentals)
Search the lowest-cost Homes available for rent right now in Palmyra.


214 Magnolia Ave

508 1/2 Garfield St

241 W Jackson St

14 Elm 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.

2680 Highland Ave

37 Penhurst Rd

6217 Blossom Ridge Cir

1195 Marina Pkwy

127 W Main 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.

3536 NY-247
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 | $2,735 | $1,800 | $4,175 |
| Palmyra 3 Bedroom Homes for Rent | $2,911 | $1,600 | $5,500 |
| Palmyra 4 Bedroom Homes for Rent | $3,050 | $2,200 | $4,500 |
| Palmyra 5 Bedroom Homes for Rent | $5,998 | $5,998 | $5,998 |
Browse Top Homes for Rent in Palmyra
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Palmyra, NY Local Guide
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Cheapest Available Palmyra Apartments for Rent and Nearby
 The cheapest available apartment rental in Palmyra, NY is a 2 Beds unit found at Northside Apartments priced from $1,200. Knollwood Manor Apartment Homes in the Outer Brighton Fairport neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,470. Here is today’s list of the most affordable Palmyra apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Northside Apartments | 2bedroom 1bath | 2BR,1BA | $1,200 |
| Knollwood Manor Apartment Homes | One Bedroom- 796 sqft | 1BR,1BA | $1,470 |
| Perinton Manor Apartment Homes | One Bedroom | 1BR,1BA | $1,480 |
| Victor Heights - Fully Renovated! | 2Bedroom | 2BR,1BA | $1,600 |
| The Retreat Luxury Apartments | Wilson | 1BR,1BA | $1,650 |
Best Value Apartments for Rent in Palmyra, NY and Nearby
As of May 23, 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Creekwood Townhomes | Creekwood Townhomes 3BR 2.5 BA | 3BR,2.5BA | $1.66 |
| 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 | $1.66 |
| Saratoga Crossing Apartments & Townhomes | Two Bedroom 2 Bath- 1268 sqft | 2BR,2BA | $1.68 |
| Villas of Victor and Regency Townhomes | Two Bedroom 2 Bath (Villas of Victor) | 2BR,2BA | $1.68 |
| Auburn Creek Apartment Homes | Two Bedroom 2 Bath- 1165 sqft | 2BR,2BA | $1.70 |
| Victor Heights - Fully Renovated! | 2Bedroom | 2BR,1.5BA | $1.45 |
| Northside Apartments | 2bedroom 1bath | 2BR,1BA | $1.41 |
| Knollwood Manor Apartment Homes | One Bedroom- 796 sqft | 1BR,1BA | $1.85 |
| Perinton Manor Apartment Homes | One Bedroom | 1BR,1BA | $1.90 |
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.
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!
Explore Palmyra, NY Rentals by Map
See the most popular apartments and homes in Palmyra, NY
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 $4,835. There are also 40 Single Family Homes for rent, Condos, and Townhome rentals currently available in Palmyra ranging from $900 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 $900 to $5,998 with an average monthly rent of $3,240.
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 $4,455, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,600 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

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.

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.