
Cheap Homes for Rent in Palmyra, IL from $600 (13 Rentals)
Search the lowest-cost Homes available for rent right now in Palmyra.


904 S Liberty St

3120 Butler St

2013 S Spring St

205 North St

326 Sycamore

21 Cahokia Dr

2119 Saratoga Dr

6 Tamaroa Dr

39 Chatham Rd
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

701 Co Hwy 45

2022 Austin Dr

2523 W Monroe St
Palmyra, IL 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 | $1,150 | $650 | $2,600 |
Palmyra 3 Bedroom Homes for Rent | $1,901 | $1,095 | $2,700 |
Palmyra 4 Bedroom Homes for Rent | $1,825 | $775 | $2,950 |
Browse Top Homes for Rent in Palmyra
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Palmyra, IL Local Guide
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Cheapest Available Palmyra Apartments for Rent and Nearby
 The cheapest available apartment rental in Palmyra, IL is a 1 Bed unit found at Jacksonville Affordable Housing priced from $462. The Hickcox Collection in the Downtown Springfield neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $638. Here is today’s list of the most affordable Palmyra apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Jacksonville Affordable Housing | 1 Bedroom 50% | 1BR,1BA | $462 |
The Hickcox Collection | The Hickox | Studio,1BA | $638 |
Denison Place | One Bedroom | 1BR,1BA | $675 |
Safe Harbor Properties | Studio | Studio,1BA | $675 |
Morton Street Apartments | 1 bed one bath | 1BR,1BA | $690 |
Best Value Apartments for Rent in Palmyra, IL and Nearby
As of April 17, 2025 the best value apartment in the Palmyra area is the $0.92 price per square foot 2 Bedroom 2 Bath Model at Prairie Vista in the starting from $1,200. The second greatest value Palmyra apartment is the Townhome Model at Ravenwood Townhomes starting at $875 with a $0.88 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. |
---|---|---|---|
Prairie Vista | 2 Bedroom 2 Bath | 2BR,2BA | $0.92 |
Ravenwood Townhomes | Townhome | 2BR,1.5BA | $0.88 |
Meadow View Landing | 2 Bedroom/1 Bath | 2BR,1BA | $1.05 |
New Eastlawn Apartments | Two Bedroom | 2BR,1BA | $0.97 |
Butler Place | 2 Beds, 1 Baths | 2BR,1BA | $0.87 |
Denison Place | One Bedroom | 1BR,1BA | $0.84 |
Candles | A1 | 1BR,1BA | $1.15 |
Cobblestone Apartments | Cobblestone 2BD | 2BR,1BA | $1.06 |
Lincoln Tower Apartments | 1 Bed 1 Bath | 1BR,1BA | $1.07 |
Jacksonville Affordable Housing | 1 Bedroom 60% | 1BR,1BA | $0.84 |
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Frequently Asked Questions about Palmyra
What type of rentals are currently available in Palmyra?
There are currently 35 Apartments for Rent in Palmyra, IL with pricing that ranges from $331 to $1,975. There are also 33 Single Family Homes for rent, Condos, and Townhome rentals currently available in Palmyra ranging from $650 to $2,950.
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 $650 to $2,950 with an average monthly rent of $1,255.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.

Understanding Amenity Fees: Know Where You Might Be Able to Save Money
Written by: Amber Kanuckel
With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Written by: Christine Leonard, Esq.
Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.

Renting Smart: Lease Basics Every Renter Needs
Written by: Christine Leonard, Esq.
Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

Battling the Butts: Your Guide to the Reality of Smoke-Free Renting
Written by: Andrea Lee Negroni, JD
While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.