
Cheap Apartments for Rent in Palmyra, VA from $600 (60 Rentals)
Search the lowest-cost Apartments available for rent right now in Palmyra.


145 Jefferson Dr

6 Cheyenne Ct

76 Villa Circle

Monticello Vista Apartments

Kindlewood

Timberland Park

Timberlake Place Apartments

Hearthwood

The Coves at Monticello
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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University Heights

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Jefferson Commons

Treesdale

Jouett Square Townhomes

Locust Grove

Wertland Square

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Cobalt Ridge

Tarleton Square

Hickory Hope Apartments

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.

Carlton Views

Villas at Southern Ridge

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The Hudson

Stonegate

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Jefferson Ridge

Brookdale Apartments

Stone Creek Village Apartments

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Beacon on 5th

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5th Street Place

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Carriage Hill Apartments
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.

City Walk Apartments

One Hundred Avon

The Lofts at Meadowcreek

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Altoview Apartment Homes

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Lakeside Apartments

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Rio Point

The Woodlands of Charlottesville

Attain on 5th

525 Ridge Street

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5 Row Apartments
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.

Venable Court Apartments

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Norcross Station Apartments

Culbreth Court Apartments

Altamont Circle Apartments

Forest Street Apartments

Belmont Heights Apartments

The Meriwether

Cardinal Court

Sunrise Apartments

The Independence
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 | $1,269 | $630 | $1,898 |
| Palmyra 1 Bedroom Apartments | $1,992 | $983 | $3,030 |
| Palmyra 2 Bedroom Apartments | $2,093 | $760 | $2,930 |
| Palmyra 3 Bedroom Apartments | $2,248 | $813 | $3,130 |
| Palmyra 4 Bedroom Apartments | $1,746 | $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. Timberlake Place Apartments in the North Downtown neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $983. 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 |
| Timberlake Place Apartments | 1 Bedroom | 1BR,1BA | $983 |
| 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 | $1,346 |
| Hickory Hope Apartments | 1 Bedroom - Phase B | 1BR,1BA | $1,435 |
| Wilton Farm Apartments | Model 2A | 2BR,1BA | $1,440 |
| Tarleton Square | Charlottesville Towers 407 | 2BR,1BA | $1,460 |
| Carlton Views | Phase III - 1 Bedroom 1 Bath A26 | 1BR,1BA | $1,472 |
Best Value Apartments for Rent in Palmyra, VA and Nearby
As of August 05, 2026 the best value apartment in the Palmyra area is the $1.47 price per square foot The Knoll Model at The Coves at Monticello in the starting from $1,859. The second greatest value Palmyra apartment is the 2 Bedroom Flat Model at The Woodlands of Charlottesville starting at $1,999 with a $1.78 price per square foot in the Starr Hill 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. |
|---|---|---|---|
| The Coves at Monticello | The Knoll | 3BR,2BA | $1.47 |
| The Woodlands of Charlottesville | 2 Bedroom Flat | 2BR,2BA | $1.78 |
| Treesdale | The Ivy | 2BR,2BA | $1.19 |
| Timberland Park | 3 Bedroom | 3BR,2BA | $1.51 |
| Brookdale Apartments | 2br/bd | 2BR,2BA | $1.58 |
| Camden Courtyard | #1 | 1BR,1BA | $0.91 |
| Villas at Southern Ridge | The Ivy | 2BR,2BA | $1.63 |
| 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

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.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

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.