Newest Homes for Rent in Palmyra, NY

/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

222 Fayette St, Palmyra, NY 14522
/36
$1,950 Per Month
- 4 Beds
- 2.5 Baths
- 1,860 Sq Ft
- House for Rent
113 Fayette St, Palmyra, NY 14522

Welcome home to this spacious 4-bedroom, 2.5-bath home located on a quiet street just minutes from Main Street.The first floor features a kitchen, living room, dining room, convenient laundry room, and half bath. The second floor offers three bedrooms and two full bathrooms.The home includes all-new appliances, including a refrigerator, stove, and dishwasher, as well as a garage

113 Fayette St, Palmyra, NY 14522
/16
$1,725 Per Month
- 3 Beds
- 1 Bath
- House for Rent
241 W Jackson St, Palmyra, NY 14522

Welcome home to this spacious and charming 3.5-bedroom, 1-bath home featuring updated flooring throughout the main level and the convenience of first-floor washer and dryer hookups.Relax on the inviting front or back porch, or enjoy the private backyard, fenced on three sides—perfect for outdoor entertaining or simply unwinding. The oversized primary bedroom offers a large walk-in closet

241 W Jackson St, Palmyra, NY 14522

New York Wayne County

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 $1,837 per month, though prices vary by neighborhood, size, and property type. As of August 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 $73,480 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 $1,837 per month in Palmyra, NY, renters typically need to show $5,511 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 10.7, 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 Trends in Palmyra, NY

There are currently 3 homes available for rent in Palmyra, NY. The median rent is $1,837 per month, with single-family homes renting at $1,950.

Rental Home Trends

Number of Homes for Rent 3	Median Rent $1,837
Median Single Family Home Rent $1,950

How to Rent a Home

Rentals in Palmyra

Homes for Rent by Bedrooms in Palmyra

Rentals by Price in Palmyra

Palmyra Rentals under $2,000

More About Living in Palmyra

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