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Homes & Apartments for Rent in Palmyra, NY 14522

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What to Know About

Life in Palmyra & Beyond

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

New York state is known for its iconic skyscrapers, cultural diversity, and history. Visit notable museums, such as the Metropolitan Museum of Art, the American Museum of Natural History, and the Museum of Modern Art, to learn about the state's cultural heritage. New York is also home to prestigious universities like Columbia University, Cornell University, and New York University. The theater and art scene also thrive in New York, with world-renowned museums and performance centers in NYC like the Metropolitan Museum of Art, Lincoln Center, and Carnegie Hall.

From the breathtaking peaks of the Adirondack and Catskill Mountains to the scenic beauty of the Finger Lakes, outdoor enthusiasts will find plenty to explore. In terms of sports, New York is home to many professional teams like the New York Giants (NFL), Buffalo Bills (NFL), New York Rangers (NHL), New York Yankees (MLB), New York Mets (MLB), the New York Knicks (NBA), and Brooklyn Nets (NBA). In addition, embrace famous attractions like the Empire State Building, Statue of Liberty, Central Park, and Niagara Falls.

New York offers a high quality of life, a strong economy, and a rich cultural heritage, making it a great place to live.

Rental Market Trends

Palmyra, NY

As of October 2026, Palmyra's rental market is balanced, with rentals spending about 36 days on the market, slower than in New York (27), and rents up 1.7% over the past year. Palmyra's average rent is 56.8% ($1,693) lower than the New York average of $2,979 and 38.2% ($796) lower than the U.S. average of $2,082.

Average Rent
$1,286
Monthly ChangeMonth Over Month Change
Increased0.10% ($1)
Yearly ChangeYear Over Year Change
Increased1.7% ($22)
Days on Market
36
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $1,128 Increased0.15% ($2) Increased3.2% ($35)
2 Beds $1,377 Increased0.01% Increased0.5% ($7)
3 Beds $1,675 Decreased0.16% ($3) Decreased3.4% ($59)
Nearby Cities Average Rent Avg. Rent vs. PalmyraAverage Rent vs. Palmyra Days on Market
Manchester $1,189 Decreased7.5% ($97) 36 days
Newark $1,187 Decreased7.7% ($99) 36 days
Macedon $1,596 Increased24.1% ($310) 36 days
Walworth $1,439 Increased11.9% ($153) 35 days
Marion $1,447 Increased12.5% ($161) 35 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, NY.

The average rent in Palmyra, NY is about $1,286 per month.
In Palmyra, the average rent is about $1,128 per month for a 1-bedroom home, about $1,377 for a 2-bedroom home and about $1,675 for a 3-bedroom home.
The average rent in Palmyra is 38.2% ($796) lower than the national average of $2,082 per month.
The rental market in Palmyra, NY is currently balanced, with rentals spending about 36 days on the market, slower than in New York (27), and rents up 1.7% over the past year.
Based on the current averages, a household would need an annual income of about $55,100 to comfortably afford a 2-bedroom home in Palmyra.
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