Last updated on October 24, 2026

Average rent in
Palmyra, NY

Median rent

Median rent in Palmyra

$1,222/mo

increased by9%

vs previous year

The average rent in Palmyra is $1,222 per month as of October 2026. This is 36% below the national average rent, or $677 less per month.

$2.82

average price per square foot

Total rentals

Available rentals in Palmyra

10

for rent on Zumper.com as of October 2026

Rent price distribution

Share of Palmyra rentals at each price point

70%53%35%18%0%
$0 - $750
$751 - $1,500
$1,501 - $2,250
$2,251 - $3,000
$3,001+

This report has limited data.Due a shortage of data for this selected bedroom and/or property type in Palmyra, NY, in the last 30 days, rent estimates may not represent the actual market.

Rent trends in Palmyra, NY

Average rent prices in Palmyra have increased by 2% over the last month and have increased by 9% since last year.

Rent trends

Rent prices on this page are calculated on a rolling 30-day basis and updated daily.

Compare rent prices in Palmyra, NY

Rent prices in Palmyra vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Palmyra is $1,415, whereas a house costs $2,295. 1-bedroom apartments in Palmyra run $1,250 on average, while 2-bedroom apartments are $1,655.

Listings

Studio

$1,075

No Change

22%

1 bedroom

$1,375

No Change

52%

2 bedroom

$1,655

No Change

38%

3 bedroom

$2,297

No Change

-

4 bedroom

$2,900

3%

32%

Studio

Average rent

$1,075

Last year

22%

1 bedroom

Average rent

$1,375

Last year

52%

2 bedroom

Average rent

$1,655

Last year

38%

3 bedroom

Average rent

$2,297

4 bedroom

Average rent

$2,900

Last 30 days

3%

Last year

32%

The table above reflects average rent prices in Palmyra, NY, broken down by the number of bedrooms, neighborhoods, and property types. The availability of data for each category is dependent on market inventory and will adjust depending on your selected filters.

How does rent in Palmyra, NY compare to other cities?

Compare median rent prices in Palmyra and Auburn by all bedroom counts and property types.

Palmyra

Median rent price$1,222
decreased by36%

lower than the national median

Median rent price$1,550
decreased by18%

lower than the national median

Takeaway

The median rent for all rentals in Palmyra, NY is 21% lower than the median rent in Auburn, NY.

Discover rentals in Palmyra, NY

1d ago

8.6

Very good

329-331 E. Main St.

329 E Main St, Palmyra, NY 14522

2 beds

1 bath

$1,150

Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.
228 Canandaigua St #2 - Photo 1 of 1

5d+ ago

Apartment for rent in Palmyra

228 Canandaigua Street - 2

228 Canandaigua St #2, Palmyra, NY 14522

3 beds

1 bath

$1,250

Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.
121 Fayette St #1 - Photo 1 of 1

5d+ ago

House for rent in Palmyra

1 Fayette Street - 1

121 Fayette St #1, Palmyra, NY 14522

4 beds

1.5 baths

$1,595

Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.
230 Fayette St #1 - Photo 1 of 1

5d+ ago

House for rent in Palmyra

30 Fayette Street - 1

230 Fayette St #1, Palmyra, NY 14522

4 beds

1.5 baths

$1,725

Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.

Stay up to date with rental market insights

Are you interested in licensing our current and historical rental real estate data, or do you have custom data requests? Contact datalicensing@zumper.com.

Frequently asked questions for Palmyra, NY

Quick answers to common questions about the Palmyra rental market.

How much is rent in Palmyra?

The average rent in Palmyra is $1,222 per month as of October 17, 2026.

Is rent up or down in Palmyra?

Average rent prices in Palmyra have increased by 2% over the last month and have increased by 9% since last year.

How does Palmyra rent compare to the national average?

Rent in Palmyra is 36% below the national average, which means renters are paying approximately $677 less per month.

What salary do I need to afford rent in Palmyra?

To comfortably afford rent in Palmyra, you'd need to earn approximately $49,000/year, based on spending no more than 30% of your income on rent.

Methodology

Rent prices are based on Zumper's rental listings from the past 30 days. Median rent is calculated across all available listings and property types on the platform. If you filter the page by bedroom count or property type, the pricing throughout the page will update automatically to reflect that segment of the rental market.

Household and population data come from the U.S. Census Bureau. Cost-of-living data is sourced from the Council for Community and Economic Research's Cost of Living Index (COLI).

Apartments for rent in Auburn