
Cheap Apartments for Rent in Palmyra, VA from $630 (55 Rentals)
Search the lowest-cost Apartments available for rent right now in Palmyra.


1 Hatchechubee Rd

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Monticello Vista Apartments

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Kindlewood

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Timberland Park

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Timberlake Place Apartments

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5th Street Place

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Cherry Suites

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Jefferson Commons

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Carlton Views
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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Wertland Square

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Hearthwood

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The Coves at Monticello

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University Heights

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Treesdale

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Locust Grove

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Cobalt Ridge

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Tarleton Square

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Hickory Hope Apartments

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Wilton Farm Apartments
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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Jouett Square Townhomes

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Villas at Southern Ridge

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The Hudson

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Stonegate

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Carriage Hill Apartments

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Brookdale Apartments

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Stone Creek Village Apartments

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Jefferson Ridge

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One Hundred Avon

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Altoview Apartment Homes
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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5 Row Apartments

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Attain on 5th

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The Lofts at Meadowcreek

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Beacon on 5th

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The Woodlands of Charlottesville

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Rio Point

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Lakeside Apartments

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City Walk Apartments

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Riverside Village Apartments

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525 Ridge Street
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.

Culbreth Court Apartments

Altamont Circle Apartments

Forest Street Apartments

Belmont Heights Apartments

The Meriwether

Cardinal Court

5057 Mary Jackson Ct

270 Riverbend Dr

The Independence

Sunrise Apartments
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, VA Local Guide

How much does it cost to rent an apartment in Palmyra?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Palmyra Studio Apartments | $1,283 | $630 | $1,965 |
| Palmyra 1 Bedroom Apartments | $1,902 | $955 | $2,710 |
| Palmyra 2 Bedroom Apartments | $1,992 | $760 | $3,336 |
| Palmyra 3 Bedroom Apartments | $2,217 | $813 | $2,995 |
| Palmyra 4 Bedroom Apartments | $1,790 | $1,150 | $4,550 |
Browse Top Apartments in Palmyra
See all Apartments in PalmyraExplore Palmyra
Palmyra, VA Local Guide
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Cheapest Available Palmyra Apartments for Rent and Nearby
 The cheapest available apartment rental in Palmyra, VA is a 1 Bed unit found at Kindlewood in the Ridge Street neighborhood priced from $744. Grandmarc at the Corner in the 10th and Page neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $805. Here is today’s list of the most affordable Palmyra apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Kindlewood | 1BR | 1BR, 1BA | $744 |
| Grandmarc at the Corner | 2Dx2S - Double w/ Shared Bath | 2BR, 2BA | $805 |
| Timberland Park | 2 Bedroom | 2BR, 2BA | $899 |
| Timberlake Place Apartments | 1 Bedroom | 1BR, 1BA | $983 |
| Cherry Suites | Private Suite | 1BR, 1BA | $1,109 |
| Wertland Square | A4X2 Renovated | 4BR, 2BA | $1,235 |
| Hearthwood | Studio | Studio, 1BA | $1,236 |
| The Coves at Monticello | The Grove | 2BR, 2BA | $1,245 |
| Treesdale | The Ivy | 2BR, 2BA | $1,290 |
| Cobalt Ridge | Albemarle | 1BR, 1BA | $1,319 |
Best Value Apartments for Rent in Palmyra, VA and Nearby
As of September 19, 2026 the best value apartment in the Palmyra area is the $0.91 price per square foot 4x4 Balcony Model at Flats at West Village in the Ridge Street neighborhood starting from $1,285. The second greatest value Palmyra apartment is the A4X2 Renovated Model at Wertland Square in the 10th and Page neighborhood starting at $1,235 with a $0.90 price per square foot. 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. |
|---|---|---|---|
| Flats at West Village | 4x4 Balcony | 4BR, 4BA | $0.91 |
| Wertland Square | A4X2 Renovated | 4BR, 2BA | $0.90 |
| Jouett Square Townhomes | 4BR/2.5BA | 4BR, 2.5BA | $1.46 |
| The Coves at Monticello | The Knoll | 3BR, 2BA | $1.38 |
| Treesdale | The Ivy | 2BR, 2BA | $1.19 |
| Timberland Park | 3 Bedroom | 3BR, 2BA | $1.49 |
| Brookdale Apartments | 2br/bd | 2BR, 2BA | $1.58 |
| Grandmarc at the Corner | 2x2 Renovated | 2BR, 2BA | $1.59 |
| Timberlake Place Apartments | 1 Bedroom | 1BR, 1BA | $1.40 |
| Kindlewood | 1BR | 1BR, 1BA | $1.13 |
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 ArticleNavigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
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, VA
Ranked #208
Among cities in Virginia for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Best Local Schools in Palmyra, VA
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Palmyra, VA Rentals by Map
See the most popular apartments and homes in Palmyra, VA
Frequently Asked Questions about Cheap Palmyra Apartments
What is the Cheapest Studio apartment in Palmyra?
Currently the most affordable Cheap Studio Apartment in Palmyra is at Hearthwood listed at $1,236.
How much is rent for a Cheap One Bedroom Palmyra Apartment?
The lowest price for a Cheap One Bedroom Palmyra Apartment is $744 at Kindlewood.
What is the lowest price for a Cheap Two Bedroom Palmyra Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Palmyra is starting from $805 at Grandmarc at the Corner.
What is the most affordable Palmyra Three Bedroom Apartment?
The best deal on a cheap Palmyra Three Bedroom Apartment rental is at Treesdale and starts from $1,477.
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

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

How Commercial-to-Residential Property Conversions Help the Housing Crisis
Written by: Robin Stewart
Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.