Last updated on July 25, 2026

Average rent in
Palmyra, NY

Median rent

Median rent in Palmyra

$1,212/mo

increased by8%

vs previous year

The average rent in Palmyra is $1,212 per month as of July 2026. This is 38% below the national average rent, or $732 less per month.

$3.44

average price per square foot

Total rentals

Available rentals in Palmyra

12

for rent on Zumper.com as of July 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 decreased by 4% over the last month and have increased by 8% 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 $1,125, whereas a house costs $2,272. 1-bedroom apartments in Palmyra run $925 on average, while 2-bedroom apartments are $1,135.

Listings

Studio

$3,750

3%

306%

1 bedroom

$1,250

2%

24%

2 bedroom

$1,500

1%

49%

3 bedroom

$2,000

8%

43%

4 bedroom

$3,500

2%

-

Studio

Average rent

$3,750

Last 30 days

3%

Last year

306%

1 bedroom

Average rent

$1,250

Last 30 days

2%

Last year

24%

2 bedroom

Average rent

$1,500

Last 30 days

1%

Last year

49%

3 bedroom

Average rent

$2,000

Last 30 days

8%

Last year

43%

4 bedroom

Average rent

$3,500

Last 30 days

2%

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$1,212
decreased by38%

lower than the national median

Median rent price$1,500
decreased by23%

lower than the national median

Takeaway

The median rent for all rentals in Palmyra, NY is 19% lower than the median rent in Auburn, NY.

Discover rentals in Palmyra, NY

110 W Main St #5 - Photo 1 of 1

1d ago

Apartment for rent in Palmyra

110 W. Main St. - 5

110 W Main St #5, Palmyra, NY 14522

2 beds

1 bath

$1,000

Apartment for rent

Available Aug 14

133 Fayette St #3 - Photo 1 of 1

4d ago

Apartment for rent in Palmyra

133 Fayette Street - 3

133 Fayette St #3, Palmyra, NY 14522

2 beds

1 bath

$1,145

$1,075

Price drop

Apartment for rent

Available Jul 15

1h ago

8.3

Very good

302 Canal Street

302 Canal St, Palmyra, NY 14522

2 beds

1 bath

$1,095

Apartment for rent

218 E Jackson St - Photo 1 of 1

5d+ ago

Apartment for rent in Palmyra

218 East Jackson Street - 218 East Jackson St

218 E Jackson St, Palmyra, NY 14522

3 beds

1 bath

$1,450

Apartment for rent

Available Aug 1

Stay up to date with rental market insights

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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 $1,212 per month as of July 18, 2026.

Is rent up or down in Palmyra?

Average rent prices in Palmyra have decreased by 4% over the last month and have increased by 8% since last year.

How does Palmyra rent compare to the national average?

Rent in Palmyra is 38% below the national average, which means renters are paying approximately $732 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.

When is the best time of year to rent in Palmyra?

Based on our current listings, Palmyra welcomes pet owners with 50% of rental apartments being pet-friendly. With an average of 14 listings available monthly, this works out to about 7 pet-welcoming apartments each month.

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