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Palmyra, NY House for Rent

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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

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 $1,988 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.
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 Homestead Heights and Marketview Heights, each with its own character and price range.

Rental Home Trends in Palmyra, NY

Rental Home Trends

Number of Houses for Rent
1
Median Single Family Home Rent
$1,988
Median 3 Bedroom Single Family Home Rent
$1,775
Median 4 Bedroom Single Family Home Rent
$2,200
How to Rent a Home