
Cheap Apartments for Rent in Palmyra, VA from $600 (42 Rentals)
Search the lowest-cost Apartments available for rent right now in Palmyra.


26 Begum Rd

10 Tanglewood Rd

15 Englewood Dr

Monticello Vista Apartments

Kindlewood

Timberlake Place Apartments

Total Monthly Price
5th Street Place
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.

Hickory Hope Apartments

Carlton Views

Hearthwood

The Coves at Monticello

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University Heights

Total Monthly Price
Jefferson Commons

Treesdale

Jouett Square Townhomes
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.

Wertland Square

Tarleton Square

Wilton Farm Apartments

Villas at Southern Ridge

Stonegate

Locust Grove

Brookdale Apartments

Total Monthly Price
Cobalt Ridge
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

Stone Creek Village Apartments

Total Monthly Price
The Hudson

Total Monthly Price
Jefferson Ridge

Culbreth Court Apartments

Altamont Circle Apartments

Forest Street Apartments

730 Canal St

Belmont Heights Apartments
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

362 Edd Ridge Ln

The Meriwether

Cardinal Court

45 Hardware Hls Cir

The Independence

2484 Lost Hollow Path

1411 Short 18th St

1201 Druid Ave
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.

1406 Chesapeake St

111 Darien Terrace
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 | $1,368 | $630 | $1,965 |
| Palmyra 1 Bedroom Apartments | $2,071 | $983 | $3,285 |
| Palmyra 2 Bedroom Apartments | $2,157 | $760 | $3,355 |
| Palmyra 3 Bedroom Apartments | $2,338 | $813 | $3,003 |
| Palmyra 4 Bedroom Apartments | $1,694 | $1,285 | $3,738 |
Browse Top Apartments in Palmyra
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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 $895. 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 | $895 |
| Timberlake Place Apartments | 1 Bedroom | 1BR,1BA | $983 |
| Hickory Hope Apartments | 1 Bedroom - Phase A | 1BR,1BA | $1,090 |
| Hearthwood | Studio | Studio,1BA | $1,236 |
| The Coves at Monticello | The Grove | 2BR,2BA | $1,245 |
| Treesdale | The Ivy | 2BR,2BA | $1,290 |
| University Heights | The Ashlawn | 1BR,1BA | $1,305 |
| Wertland Square | A4X2 Renovated | 4BR,2BA | $1,315 |
| Tarleton Square | Solomon Court 2x1 | 2BR,1BA | $1,419 |
Best Value Apartments for Rent in Palmyra, VA and Nearby
As of June 20, 2026 the best value apartment in the Palmyra area is the $0.96 price per square foot A4X2 Renovated Model at Wertland Square in the in the 10th and Page neighborhood starting from $1,315. The second greatest value Palmyra apartment is the The Knoll Model at The Coves at Monticello starting at $1,742 with a $1.38 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. |
|---|---|---|---|
| Wertland Square | A4X2 Renovated | 4BR,2BA | $0.96 |
| The Coves at Monticello | The Knoll | 3BR,2BA | $1.38 |
| Stonegate | Ledgestone | 2BR,2BA | $1.65 |
| Treesdale | The Ivy | 2BR,2BA | $1.19 |
| Brookdale Apartments | 2br/bd | 2BR,2BA | $1.58 |
| Villas at Southern Ridge | The Ivy | 2BR,2BA | $1.63 |
| Eagles Landing Apartments | 2x2 | 2BR,2BA | $1.12 |
| Wilton Farm Apartments | Model 2A | 2BR,1BA | $1.63 |
| 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 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, 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 $882 at Kindlewood.
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

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.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.