
Cheap Homes for Rent in Palmyra, NY from $1,000 (10 Rentals)
Search the lowest-cost Homes available for rent right now in Palmyra.


132 Prospect St

508 1/2 Garfield St

8 High Gate Trail

241 W Jackson 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

247 W Hickory St

54 West Ave

6217 Blossom Ridge Cir

14 Elm 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.
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 | $2,533 | $1,750 | $4,175 |
| Palmyra 3 Bedroom Homes for Rent | $2,472 | $1,000 | $5,500 |
| Palmyra 4 Bedroom Homes for Rent | $3,020 | $2,200 | $3,500 |
| Palmyra 5 Bedroom Homes for Rent | $5,998 | $5,998 | $5,998 |
| Palmyra 6 Bedroom Homes for Rent | $2,800 | $2,800 | $2,800 |
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 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Evergreen Hills | Affordable 2 Bedroom | 2BR,1BA | $1,049 |
| Northside Apartments | 2bedroom 1bath | 2BR,1BA | $1,200 |
| Knollwood Manor Apartment Homes | One Bedroom- 796 sqft | 1BR,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 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 |
| Hathaway Meadows | 3 Bedroom Townhome | 3BR,2.5BA | $1.66 |
| Whitney Ridge Apartments | 3 Bedroom | 3BR,2BA | $1.53 |
| Fairdale Townhomes | Three Bedroom Remodeled | 3BR,2.5BA | $1.55 |
| Auburn Creek Apartment Homes | Two Bedroom 2 Bath- 1165 sqft | 2BR,2BA | $1.60 |
| Mertensia Gardens - Fully Renovated! | 2Bedroom | 2BR,1.5BA | $1.64 |
| Evergreen Hills | Affordable 2 Bedroom | 2BR,1BA | $1.15 |
| Northside Apartments | 2bedroom 1bath | 2BR,1BA | $1.41 |
| Knollwood Manor Apartment Homes | One Bedroom- 796 sqft | 1BR,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.
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!
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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 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

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.

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.

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.

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.