Average Rent in Palmyra, VA and Rent Price Trends

Rent trends in Palmyra, VA

Average rent prices in Palmyra have remained the same over the last month and have decreased by 4% 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, VA

Rent prices in Palmyra vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Palmyra is $1,797, whereas a house costs $2,319. 1-bedroom apartments in Palmyra run $1,728 on average, while 2-bedroom apartments are $1,925.


Studio	$1,350	-	-
1 bedroom	$1,800	No Change	-
2 bedroom	$1,985	29%	5%
3 bedroom	$2,410	5%	28%
4 bedroom	$2,850	7%	31%


Apartments	$1,797	No Change	No Change
Condos	$1,547	No Change	-
Houses	$2,319	2%	No Change

Studio

Average rent

$1,350

1 bedroom

Average rent

$1,800

2 bedroom

Average rent

$1,985

Last 30 days

29%

Last year

3 bedroom

Average rent

$2,410

Last 30 days

Last year

28%

4 bedroom

Average rent

$2,850

Last 30 days

Last year

31%

The table above reflects average rent prices in Palmyra, VA, 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, VA compare to other cities?

Compare median rent prices in Palmyra and Amelia Court House by all bedroom counts and property types.

Palmyra

Median rent price$1,890

lower than the national median

Median rent price$1,590

17%

lower than the national median

Takeaway

The median rent for all rentals in Palmyra, VA is 19% higher than the median rent in Amelia Court House, VA.

Average rent in nearby cities

Explore rent trends in neighboring markets

$1,590

$1,250

$1,200

$1,795

$1,795

$2,500

$2,850

$2,400

$2,050

$2,095

$2,200

$2,397

Discover rentals in Palmyra, VA

5d+ ago

House for rent in Palmyra

15 Englewood Dr, Palmyra, VA 22963

3 beds

2 baths

$1,800

House for rent

5d+ ago

House for rent in Palmyra

RENTAL, PALMYRA, VA

145 Jefferson Dr, Palmyra, VA 22963

3 beds

2 baths

$1,800

House for rent

Stay up to date with rental market insights

National Rent Report

Canadian Rent Report

Annual Rent Report

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, VA

Quick answers to common questions about the Palmyra rental market.

How much is rent in Palmyra?

The average rent in Palmyra is $1,890 per month as of August 22, 2026.

Is rent up or down in Palmyra?

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

How does Palmyra rent compare to the national average?

Rent in Palmyra is 2% below the national average, which means renters are paying approximately $35 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 $76,000/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).