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Palmyra, NY Homes for Rent

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  • /20

    Starting at $1,175 Per Month

    • 1 - 2 Beds

    222 Fayette St, Palmyra, NY 14522

    2 bedroom 1 bath1 bedroom 1 bathSwiss I- all electric with baseboard heat and wall fitted air conditioner , balcony 850 sq ftSwiss II- centralized air conditioning 1,000 sq ftUpstairs and downstairs unitsGarages for rentStorage for rentNo petsLaundry in the buildingOutdoor parkingAppliances includedNo Smoking

    Swiss Chalet Apartments

    (315) 847-3121

    222 Fayette St, Palmyra, NY 14522
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    $1,775 Per Month

    • 3 Beds
    • 1 Bath
    • 1,588 Sq Ft
    • House for Rent

    241 W Jackson St, Palmyra, NY 14522

    Beautiful 3.5-bedroom, 1 bath on second floor. home featuring newer flooring throughout the first floor and convenient first-floor washer and dryer hookups. Enjoy both front and back porches, along with a private backyard fenced on three sides. The spacious primary bedroom includes a large walk-in closet.No smoking indoors. Up to two pets welcome with breed restrictions and additional

    241 W Jackson St, Palmyra, NY 14522

Why Live in Palmyra

Palmyra, NY, is a small town rich in historic charm, located along the Erie Canal. The town's history dates back to the early 19th century, with preserved buildings from that era, including those related to Joseph Smith, the founder of the Church of Jesus Christ of Latter-day Saints. The canal remains a focal point, offering boating and fishing opportunities, with a public marina in the village. Housing in Palmyra is diverse, featuring Victorian-era homes, Federal-style and Colonial Revival architecture, as well as mid- to late-20th-century ranch-style and bi-level homes. The historic downtown area is home to five museums, antique shops, and cafes like The Hog & Hen and Muddy Waters Café, which offers canal views. Palmyra-Macedon Senior High is highly rated, providing various extracurricular activities such as a Robotics Club and vocational programs. The town's parks, including the Palmyra-Macedon Aqueduct Park and Swift’s Landing, offer fishing, picnicking, and scenic trails. Annual events like the Wayne County Fair in August and the Harvest of the Canal festival in September draw visitors with agricultural showcases and live entertainment. Located less than 25 miles from Rochester and about 30 miles from the Fredrick Douglass Greater Rochester International Airport, Palmyra provides a blend of historic allure and modern amenities.

Frequently Asked Questions

How much does it cost to rent a home in Palmyra, NY?
The median rent for a home in Palmyra, NY is $1,775 per month, though prices vary by neighborhood, size, and property type. As of May 2026, single-family homes tend to be the most affordable option.
How much do you need to make to afford rent in Palmyra, NY?
To comfortably afford the median rent in Palmyra, NY, a household needs to earn roughly $71,000 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $1,775 per month in Palmyra, NY, renters typically need to show $5,325 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Palmyra, NY?
In Palmyra, NY, the price-to-rent ratio is 11.3, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.

Rental Home Trends in Palmyra, NY

Rental Home Trends

Number of Homes for Rent
2
Median Rent
$1,775
Median Single Family Home Rent
$1,988
How to Rent a Home