
Cheap Apartments for Rent in Palmyra, WI from $600 (38 Rentals)
Search the lowest-cost Apartments available for rent right now in Palmyra.


115 Carriage Way

The Element Student Housing

The Heritage

Blackhawk Manor

Fairview Senior Apartment Homes

First Avenue Apartments

Seville Apartments

Overlook Ridge
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.

Carriage Hills Apartments

291 North

River Park Place Apartments

500 N Tratt St

Hills of Wales

Walnut Grove APTS LLC

Total Monthly Price
Honey Creek Apartments

Wildwood Apartments

Meadow Springs Apartments, LLC
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.

Bluff Ridge Apartments

Total Monthly Price
Lofts of Honey Creek

Lakeview at the Legion

Total Monthly Price
Waters Edge

Lincolnshire Place

Fairfield Apartments

Springbrook Apartments

Timberveil Residences

PHANTOM WOODS ESTATES
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.

Stoneridge Apartments

Hawks Nest Apartments

Jefferson Heritage House

4256 Fox Hills Ct

6081 Lyons St

430 E Racine St

113 E Milwaukee St

1211 Riesch Road

817 Arcadian Ave
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.

1521 Commonwealth Dr

W246N6693 Champeny Ct
Palmyra, WI Local Guide

How much does it cost to rent an apartment in Palmyra?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Palmyra Studio Apartments | $1,152 | $975 | $1,230 |
| Palmyra 1 Bedroom Apartments | $1,566 | $800 | $2,000 |
| Palmyra 2 Bedroom Apartments | $1,838 | $990 | $2,650 |
| Palmyra 3 Bedroom Apartments | $2,105 | $760 | $2,950 |
| Palmyra 4 Bedroom Apartments | $1,423 | $610 | $2,470 |
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Palmyra, WI Local Guide
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Cheapest Available Palmyra Apartments for Rent and Nearby
 The cheapest available apartment rental in Palmyra, WI is a 4 Beds unit found at The Element Student Housing in the Walworth County neighborhood priced from $610. Blackhawk Manor in the Walworth County neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $800. Here is today’s list of the most affordable Palmyra apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Element Student Housing | One Room in a 4BR/2BA Standard | 4BR,2BA | $610 |
| Blackhawk Manor | 1 Bed / 1 Bath | 1BR,1BA | $800 |
| Seville Apartments | Studio | Studio,1BA | $975 |
| Carriage Hills Apartments | One-Bed | 1BR,1BA | $1,100 |
| 291 North | 1 Bedroom 1 Bath | 1BR,1BA | $1,125 |
| River Park Place Apartments | 1 BD / 1 BA Upper | 1BR,1BA | $1,162 |
| Hills of Wales | Juniper | Studio,1BA | $1,205 |
| Honey Creek Apartments | Bayview | 1BR,1BA | $1,290 |
| Bluff Ridge Apartments | 2 Bed/1 Bath AttachedGarage | 2BR,1BA | $1,349 |
| Lofts of Honey Creek | Broadway | 1BR,1BA | $1,350 |
Best Value Apartments for Rent in Palmyra, WI and Nearby
As of August 20, 2026 the best value apartment in the Palmyra area is the $1.47 price per square foot Roosevelt 2 Story Model at Parkside Rental Homes in the in the Walworth County neighborhood starting from $2,295. The second greatest value Palmyra apartment is the Townhouse Three bed Semester Model at Prairie Place Apartments starting at $750 with a $0.51 price per square foot in the Walworth County 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. |
|---|---|---|---|
| Parkside Rental Homes | Roosevelt 2 Story | 3BR,2.5BA | $1.47 |
| Prairie Place Apartments | Townhouse Three bed Semester | 3BR,2BA | $0.51 |
| Springbrook Apartments | 3 Bed 2 Bath | 3BR,2BA | $1.25 |
| The Pointe Apartments | 2BR/2BA - D1 | 2BR,2BA | $1.62 |
| Bluff Ridge Apartments | 3 Bed/2 Bath Attached garage | 3BR,2BA | $1.60 |
| Lakeview at the Legion | Terrace Lake | 2BR,2BA | $1.45 |
| Honey Creek Apartments | Bayview Signature | 1BR,1BA | $1.58 |
| The Element Student Housing | One Room in a 3BR/2BA | 3BR,2BA | $0.92 |
| River Park Place Apartments | 1 BD / 1 BA Upper | 1BR,1BA | $1.51 |
| Blackhawk Manor | 1 Bed / 1 Bath | 1BR,1BA | $1.12 |
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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Palmyra, WI Rentals by Map
See the most popular apartments and homes in Palmyra, WI
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 Seville Apartments listed at $975.
How much is rent for a Cheap One Bedroom Palmyra Apartment?
The lowest price for a Cheap One Bedroom Palmyra Apartment is $800 at Blackhawk Manor.
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 $990 at Blackhawk Manor.
What is the most affordable Palmyra Three Bedroom Apartment?
The best deal on a cheap Palmyra Three Bedroom Apartment rental is at The Element Student Housing and starts from $760.
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.

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.

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.