
Cheap Homes for Rent in Palmyra, VA from $1,200 (14 Rentals)
Search the lowest-cost Homes available for rent right now in Palmyra.


730 Canal St

163 Wagner Pl

45 Hardware Hls Cir

361 Mahanes Rd

2484 Lost Hollow Path

26 Begum Rd
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.

1411 Short 18th St

1406 Chesapeake St

10 Tanglewood Rd

106 Villa Circle

780 Roundabout Rd

1075 Weybridge Ct

2427 Lindsay Rd
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 a home in Palmyra?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Palmyra 2 Bedroom Homes for Rent | $2,239 | $1,400 | $2,950 |
| Palmyra 3 Bedroom Homes for Rent | $2,325 | $1,600 | $3,400 |
| Palmyra 4 Bedroom Homes for Rent | $2,625 | $2,000 | $3,550 |
| Palmyra 5 Bedroom Homes for Rent | $5,400 | $3,850 | $6,950 |
Browse Top Homes for Rent 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 |
Best Value Apartments for Rent in Palmyra, VA and Nearby
As of June 13, 2026 the best value apartment in the Palmyra area is the $1.66 price per square foot 3 bedroom Flat Model at The Woodlands of Charlottesville in the in the Starr Hill neighborhood starting from $2,275. 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. |
|---|---|---|---|
| The Woodlands of Charlottesville | 3 bedroom Flat | 3BR,3BA | $1.66 |
| 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
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Remember the 3 Rules of Real Estate:Location, Location, Location!
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See the most popular apartments and homes in Palmyra, VA
Frequently Asked Questions about Palmyra
What type of rentals are currently available in Palmyra?
There are currently 62 Apartments for Rent in Palmyra, VA with pricing that ranges from $630 to $4,405. There are also 44 Single Family Homes for rent, Condos, and Townhome rentals currently available in Palmyra ranging from $1,250 to $6,950.
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 $1,250 to $6,950 with an average monthly rent of $2,817.
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 $813 to $3,003, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,600 to $3,400. Four Bedroom Single-Family rentals are also available starting from $2,000 and Four Bedroom Apartments start at $1,305.
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

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.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.