Cheap Apartments for Rent in Palmyra, NE from $800 (43 Rentals)

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

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

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.

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. Lodge at Heritage Lakes in the Crown Pointe neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $895. Here is today’s list of the most affordable Palmyra apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Kensington ParkStudioStudio,1BA$805
Lodge at Heritage LakesConestogaStudio,1BA$895
Thomasbrook2 Bed, 1 Bath - B1 800 SF2BR,1BA$925
Pine Lake Heights ApartmentsShelbyStudio,1BA$928
East Lake FlatsBerkleyStudio,1BA$945
Regency1 Bed 1 Bath with Den1BR,1BA$945
Wilderness Creek ResidencesAzaleaStudio,1BA$985
Somerset1 Bedroom, 1 Bathroom - 750 SF1BR,1BA$995
Rockledge Oaks ApartmentsA1BR,1BA$1,015
Summit Falls Apartments & TownhomesOne Bedroom1BR,1BA$1,035

Best Value Apartments for Rent in Palmyra, NE and Nearby

As of April 22, 2025 the best value apartment in the Palmyra area is the $1.18 price per square foot Pond Riviera Model at Chateau At Holmes Lake in the in the Taylor Park neighborhood starting from $1,445. The second greatest value Palmyra apartment is the Whitetail (B2) Model at The Flats at Shadow Creek starting at $1,501 with a $1.52 price per square foot in the Taylor Park 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.
Chateau At Holmes LakePond Riviera2BR,2BA$1.18
The Flats at Shadow CreekWhitetail (B2)1BR,1BA$1.52
Williamsburg Park ApartmentsRoanoke River1BR,1BA$1.27
Kensington Park6200 Building2BR,2BA$1.14
Regency1 Bed 1 Bath with Den1BR,1BA$1.05
The Donovan Apartment HomesA4R1BR,1BA$1.47
Highpointe by BroadmoorDenali1BR,1BA$1.45
Somerset1 Bedroom, 1 Bathroom - 750 SF1BR,1BA$1.33
Rockledge Oaks ApartmentsA1BR,1BA$1.49
Lodge at Heritage LakesConestogaStudio ,1BA$1.54

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 #49

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

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

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 $945 at Regency.

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.

What is the most affordable Palmyra Three Bedroom Apartment?

The best deal on a cheap Palmyra Three Bedroom Apartment rental is at Lodge at Heritage Lakes and starts from $1,730.

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 Understanding Amenity Fees: Know Where You Might Be Able to Save Money article

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.

decorative image for Know Your Rights - How Discrimination Laws Impact Landlords and Tenants article

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.

decorative image for Renting Smart: Lease Basics Every Renter Needs article

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.

decorative image for Battling the Butts: Your Guide to the Reality of Smoke-Free Renting article

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.