Palmyra, NY Houses for Rent

/36
$1,950 Per Month
- 4 Beds
- 2.5 Baths
- 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
$1,675 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 single-family home in Palmyra, NY?

The median rent for a single-family home in Palmyra, NY is $1,950 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 10.9, 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.

What neighborhoods in Palmyra, NY are best for renting a single-family home?

The best neighborhood for renting in Palmyra, NY depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a single-family home include Beechwood, Park Avenue and North Winton Village, each with its own character and price range.

Rental Home Trends in Palmyra, NY

There are currently 2 single-family homes available for rent in Palmyra, NY. The median rent is $1,950 per month, with 3-bedroom houses renting at $1,725 and 4-bedroom houses at $2,075.

Rental Home Trends

Number of Houses for Rent 2	Median Single Family Home Rent $1,950
Median 3 Bedroom Single Family Home Rent $1,725	Median 4 Bedroom Single Family Home Rent $2,075

How to Rent a Home

Houses for Rent by Price in Palmyra

Palmyra Houses for Rent under $2,000

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