Cheap Apartments for Rent in Palmyra, NE from $800 (40 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Search the lowest-cost Apartments available for rent right now in Palmyra.

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

Read Article

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

Read Article

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.

Read Article
Showing Results 1-40, Page 1 of 1

Palmyra, NE Local Guide

Cheapest Available Palmyra Apartments for Rent and Nearby

 

The cheapest available apartment rental in Palmyra, NE is a Studio unit found at Kensington Park in the Southern Hills neighborhood priced from $805. Pine Lake Heights Apartments in the Southern Hills neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $928. Here is today’s list of the most affordable Palmyra apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Kensington ParkStudioStudio,1BA$805
Pine Lake Heights ApartmentsShelbyStudio,1BA$928
Lodge at Heritage LakesConestogaStudio,1BA$934
East Lake FlatsBerkleyStudio,1BA$945
Wilderness Creek ResidencesAzaleaStudio,1BA$985
Regency1 Bed 1 Bath with Den1BR,1BA$992
Rockledge Oaks ApartmentsA1BR,1BA$1,010
AristosFlorenceStudio,1BA$1,045
Level at Village GardensPoppyStudio,1BA$1,099
Water's Edge at the WoodlandsBrookStudio,1BA$1,099

Best Value Apartments for Rent in Palmyra, NE and Nearby

As of May 13, 2025 the best value apartment in the Palmyra area is the $1.47 price per square foot B1R Model at The Donovan Apartment Homes in the in the Country Club neighborhood starting from $1,555. The second greatest value Palmyra apartment is the C1 Attached Garage Model at Wilderness Hills South Apartments starting at $1,575 with a $1.55 price per square foot in the Porter Ridge 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.
The Donovan Apartment HomesB1R2BR,2BA$1.47
Wilderness Hills South ApartmentsC1 Attached Garage2BR,2BA$1.55
The Flats at Shadow CreekWhitetail (B2-A)1BR,1BA$1.47
Williamsburg Park ApartmentsRoanoke River1BR,1BA$1.27
Kensington Park6200 Building2BR,2BA$1.14
Regency1 Bed 1 Bath with Den1BR,1BA$1.10
Aventine at Wilderness Hills ApartmentsThe Lancaster1BR,1BA$1.56
Highpointe by BroadmoorDenali1BR,1BA$1.45
Wilderness Brook ApartmentsOne Bedroom1BR,1BA$1.57
Rockledge Oaks ApartmentsA1BR,1BA$1.48

Quick 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.

decorative image of people with a giant lease agreement

Pet Friendly Lifestyle
Palmyra, NE

Ranked #50

Among cities in Nebraska for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

decorative image of woman handing cat to small boy

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

Explore Palmyra, NE Rentals by Map

Decorative image of map

See the most popular apartments and homes in Palmyra, NE

View MapPalmyra, NE Apartments MapView MapPalmyra, NE Rental Homes Map

Getting Around Palmyra, NE

Walk Score®

12 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

23 / 100

Somewhat Bikeable

Minimal bike infrastructure

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

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 Kensington Park listed at $805.

How much is rent for a Cheap One Bedroom Palmyra Apartment?

The lowest price for a Cheap One Bedroom Palmyra Apartment is $990 at Pine Lake Heights Apartments.

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 $1,010 at Kensington Park.

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.

decorative image for Know Your Budget: Calculating What You Can Realistically Afford When Renting article

Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

decorative image for The Freedom of Short-Term Leases: Exploring the Advantages for Renters article

The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

decorative image for Navigating the Rental Market: Tips for First-Time Renters article

Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.

decorative image for Rise of Digital Nomads: Remote Work Tips for Apartment Renters article

Rise of Digital Nomads: Remote Work Tips for Apartment Renters

Written by: Brandie Parton

As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.