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Apartments for Rent in Palmyra, NJ

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What to Know About

Life in Palmyra & Beyond

Palmyra shares many of the great qualities that make New Jersey a desirable place to live.

New Jersey is known for its beaches along the Jersey Shore to some of the most iconic landmarks in the nation, such as the Liberty Bell, the Statue of Liberty, and Ellis Island. From the bustling streets of Newark to the picturesque shorelines of Cape May, New Jersey is a state unlike any other. Discover its dynamic culture and rich heritage by visiting iconic landmarks like Liberty State Park and the Ellis Island National Museum of Immigration. And for those seeking knowledge, New Jersey is home to renowned universities like Rutgers University and Princeton University.

Whether you're an outdoor enthusiast or a sports fan, New Jersey has plenty to offer, including the New York Giants (NFL), New York Jets (NFL), New Jersey Devils (NHL), and the New Jersey Nets (NBA). Enjoy the beautiful coastline by fishing, surfing, or sailing, and hit the slopes of nearby mountains. Make sure to visit famous attractions like the Atlantic City Boardwalk, the Camden Waterfront, and the historic town of Cape May.

A state that never stops moving, New Jersey is a melting pot of cultures, experiences, and opportunities waiting to be experienced, making it a great place to call home.

Rental Market Trends

Palmyra, NJ

As of November 2026, Palmyra's rental market is cooling, with rentals spending about 32 days on the market, slower than in New Jersey (24), and rents about flat over the past year. Palmyra's average rent is 35.8% ($882) lower than the New Jersey average of $2,466 and 22.2% ($452) lower than the U.S. average of $2,036.

Average Rent
$1,584
Monthly ChangeMonth Over Month Change
Decreased0.07% ($1)
Yearly ChangeYear Over Year Change
Increased0.3% ($5)
Days on Market
32
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $1,343 Increased0.01% Increased0.7% ($9)
2 Beds $1,563 Decreased0.13% ($2) Decreased0.9% ($14)
3 Beds $1,725 Flat Increased1.9% ($32)
Nearby Cities Average Rent Avg. Rent vs. PalmyraAverage Rent vs. Palmyra Days on Market
Riverton $2,115 Increased33.5% ($531) 31 days
Pennsauken $1,969 Increased24.3% ($385) 31 days
Merchantville $1,749 Increased10.4% ($165) 30 days
Maple Shade $1,731 Increased9.3% ($147) 31 days
Riverside $1,906 Increased20.3% ($322) 30 days
Based on rentals advertised on RentalSource in and around Palmyra.
Frequently Asked Questions
Palmyra Rental Market FAQs

Explore rental prices, market conditions, and affordability in Palmyra, NJ.

The average rent in Palmyra, NJ is about $1,584 per month.
In Palmyra, the average rent is about $1,343 per month for a 1-bedroom apartment, about $1,563 for a 2-bedroom apartment and about $1,725 for a 3-bedroom apartment.
The average rent in Palmyra is 22.2% ($452) lower than the national average of $2,036 per month.
The rental market in Palmyra, NJ is currently cooling, with rentals spending about 32 days on the market, slower than in New Jersey (24), and rents about flat over the past year.
Based on the current averages, a household would need an annual income of about $62,500 to comfortably afford a 2-bedroom apartment in Palmyra.
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