Cheap Apartments for Rent in Palmyra, WI from $600 (38 Rentals)

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115 Carriage Way
2 Bedroom Apartments

115 Carriage Way

115 Carriage WayPalmyra, WI 53156
  • Utilities Included

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.

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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Lofts of Honey Creek
$1,350 - $2,470
Total Monthly Price

Total Monthly Price

Base Rent
$1,350 - $2,470

Total Monthly Price
$1,350 - $2,470
1 to 4 Bedroom Apartments Available Now

Lofts of Honey Creek

2769 Honey Creek RdEast Troy, WI 53120
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  • Customer Reviewed
  • Utilities Included
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Waters Edge
$1,465
Total Monthly Price

Total Monthly Price

Base Rent
$1,465

Total Monthly Price
$1,465
2 Bedroom Apartments Available Oct 10

Waters Edge

281 Parkside DrWhitewater, WI 53190
Student Housing
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  • Customer Reviewed
  • Utilities Included

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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Hawks Nest Apartments
1 to 4 Bedroom Apartments

Hawks Nest Apartments

155 W Main StWhitewater, WI 53190
  • Utilities Included
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1211 Riesch Road
Studio to 2 Bedroom Apartments

1211 Riesch Road

1211 Riesch RdWhitewater, WI 53190
  • Utilities Included

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.

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1521 Commonwealth Dr
1 to 2 Bedroom Apartments

1521 Commonwealth Dr

1521 Commonwealth DrFort Atkinson, WI 53538

Palmyra, WI Local Guide

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 ListingModel NameBed/BathPriced From
The Element Student HousingOne Room in a 4BR/2BA Standard4BR,2BA$610
Blackhawk Manor1 Bed / 1 Bath1BR,1BA$800
Seville ApartmentsStudioStudio,1BA$975
Carriage Hills ApartmentsOne-Bed1BR,1BA$1,100
291 North1 Bedroom 1 Bath1BR,1BA$1,125
River Park Place Apartments1 BD / 1 BA Upper1BR,1BA$1,162
Hills of WalesJuniperStudio,1BA$1,205
Honey Creek ApartmentsBayview1BR,1BA$1,290
Bluff Ridge Apartments2 Bed/1 Bath AttachedGarage2BR,1BA$1,349
Lofts of Honey CreekBroadway1BR,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 ListingModel NameBed/BathPrice Per Sq.Ft.
Parkside Rental HomesRoosevelt 2 Story3BR,2.5BA$1.47
Prairie Place ApartmentsTownhouse Three bed Semester3BR,2BA$0.51
Springbrook Apartments3 Bed 2 Bath3BR,2BA$1.25
The Pointe Apartments2BR/2BA - D12BR,2BA$1.62
Bluff Ridge Apartments3 Bed/2 Bath Attached garage3BR,2BA$1.60
Lakeview at the LegionTerrace Lake2BR,2BA$1.45
Honey Creek ApartmentsBayview Signature1BR,1BA$1.58
The Element Student HousingOne Room in a 3BR/2BA3BR,2BA$0.92
River Park Place Apartments1 BD / 1 BA Upper1BR,1BA$1.51
Blackhawk Manor1 Bed / 1 Bath1BR,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.

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Real 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.

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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.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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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

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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.

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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.

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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.

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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.