
Cheap Homes for Rent in Palmyra, VA from $1,200 (8 Rentals)
Search the lowest-cost Homes available for rent right now in Palmyra.


4627 Stage Junction Rd
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.

320 Riverbend Dr

2044 Wilmington Rd
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.

10 Tanglewood Rd

1035 Weybridge Ct
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.

3025 Habana Pl

6185 Parrish Rd
Palmyra, VA 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 | $1,883 | $1,575 | $2,300 |
Palmyra 3 Bedroom Homes for Rent | $2,651 | $1,875 | $3,750 |
Palmyra 4 Bedroom Homes for Rent | $3,348 | $2,495 | $5,000 |
Browse Top Homes for Rent in Palmyra
Explore Palmyra
Palmyra, VA Local Guide
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Cheapest Available Palmyra Apartments for Rent and Nearby
 The cheapest available apartment rental in Palmyra, VA is a 1 Bed unit found at Kindlewood in the Ridge Street neighborhood priced from $744. Hearthwood in the The Meadows neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $950. Here is today’s list of the most affordable Palmyra apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Kindlewood | 1BR | 1BR,1BA | $744 |
Hearthwood | Studio | Studio,1BA | $950 |
Timberlake Place Apartments | 1 Bedroom | 1BR,1BA | $983 |
Best Value Apartments for Rent in Palmyra, VA and Nearby
As of May 19, 2025 the best value apartment in the Palmyra area is the $1.68 price per square foot Hamilton Model at Carriage Hill Apartments in the in the Martha Jefferson neighborhood starting from $2,575. The second greatest value Palmyra apartment is the 2 Bed/2 Bath - A (2nd floor) - Fully Upgraded Model at Jefferson Ridge starting at $2,140 with a $1.57 price per square foot in the JPA 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. |
---|---|---|---|
Carriage Hill Apartments | Hamilton | 2BR,2BA | $1.68 |
Jefferson Ridge | 2 Bed/2 Bath - A (2nd floor) - Fully Upgraded | 2BR,2BA | $1.57 |
Stonegate at the Crossroads Apartments | Fieldstone | 3BR,2BA | $1.59 |
Brookdale Apartments | Azalea | 3BR,2BA | $1.35 |
The Coves at Monticello | The Grove | 2BR,2BA | $1.52 |
Attain on 5th | McIntire *Newly Renovated | 2BR,2BA | $1.92 |
Cobalt Ridge | Monticello | 2BR,1BA | $1.94 |
Wilton Farm Apartments | Model 2A | 2BR,1BA | $1.61 |
Timberlake Place Apartments | 1 Bedroom | 1BR,1BA | $1.40 |
Kindlewood | 1BR | 1BR,1BA | $1.13 |
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.
Frequently Asked Questions about Palmyra
What type of rentals are currently available in Palmyra?
There are currently 48 Apartments for Rent in Palmyra, VA with pricing that ranges from $630 to $5,360. There are also 35 Single Family Homes for rent, Condos, and Townhome rentals currently available in Palmyra ranging from $1,240 to $5,000.
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 $1,240 to $5,000 with an average monthly rent of $2,370.
How much are larger Three and Four Bedroom Rentals in Palmyra?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Palmyra range from $813 to $2,875, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,875 to $3,750. Four Bedroom Single-Family rentals are also available starting from $2,495 and Four Bedroom Apartments start at $1,695.
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.

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.

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.

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.

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.