Average Rent in Palmyra, VA and Rent Price Trends

Rent trends in Palmyra, VA

Average rent prices in Palmyra have increased by 5% over the last month and have increased by 14% 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 $1,800, whereas a house costs $2,000. 1-bedroom apartments in Palmyra run $1,830 on average, while 2-bedroom apartments are $1,850.


Studio	$1,400	-	-
1 bedroom	$1,645	No Change	17%
2 bedroom	$1,745	4%	5%
3 bedroom	$2,200	2%	22%
4 bedroom	$3,200	9%	25%


Apartments	$1,800	24%	No Change
Condos	$1,430	No Change	-
Houses	$2,000	6%	No Change

Studio

Average rent

$1,400

1 bedroom

Average rent

$1,645

Last year

17%

2 bedroom

Average rent

$1,745

Last 30 days

Last year

3 bedroom

Average rent

$2,200

Last 30 days

Last year

22%

4 bedroom

Average rent

$3,200

Last 30 days

Last year

25%

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$2,000

higher than the national median

Median rent price$2,252

15%

higher than the national median

Takeaway

The median rent for all rentals in Palmyra, VA is 11% lower than the median rent in Amelia Court House, VA.

Average rent in nearby cities

Explore rent trends in neighboring markets

$2,252

$1,100

$1,300

$1,795

$1,880

$2,500

$2,595

$1,910

$2,200

$2,120

$1,850

$2,250

Discover rentals in Palmyra, VA

7h ago

House for rent in Palmyra

26 Begum Rd, Palmyra, VA 22963

3 beds

2 baths

$1,725

House for rent

5d+ ago

House for rent in Palmyra

24 Zephyr Rd, Palmyra, VA 22963

3 beds

2 baths

$1,850

House for rent

5d+ ago

House for rent in Palmyra

Detached - PALMYRA, VA

19 Woodlawn Dr, Palmyra, VA 22963

4 beds

2.5 baths

$2,000

House for rent

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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 $2,000 per month as of May 23, 2026.

Is rent up or down in Palmyra?

Average rent prices in Palmyra have increased by 5% over the last month and have increased by 14% since last year.

How does Palmyra rent compare to the national average?

Rent in Palmyra is 3% above the national average, which means renters are paying approximately $50 more per month.

What salary do I need to afford rent in Palmyra?

To comfortably afford rent in Palmyra, you'd need to earn approximately $80,000/year, based on spending no more than 30% of your income on rent.

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

Palmyra offers pet-friendly options with 45% of rental listings welcoming furry companions. With an average of 11 listings available per month, pet owners can expect to find approximately 5 pet-friendly apartments to choose from in their search.

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).