Homes & Apartments for Rent in Palmyra, PA

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What to Know About

Life in Palmyra & Beyond

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

Pennsylvania is a state rich in history and charm. Explore the state's culture by visiting historic sites like Independence Hall, the Liberty Bell, and Gettysburg National Military Park. Pennsylvania is also home to respected universities like the University of Pennsylvania, Carnegie Mellon University, Drexel University, and Penn State University. Pennsylvania's economy thrives on manufacturing, healthcare, and technology. The state is also home to a thriving theater and art scene, with institutions such as the Kimmel Center for the Performing Arts, the Pittsburgh Symphony Orchestra, and the Pennsylvania Ballet.

For those who love the great outdoors, Pennsylvania offers opportunities for skiing in the Pocono Mountains, fishing in Lake Erie, and exploring the scenic Appalachian Mountains. Sports fans can catch professional games for teams like the Philadelphia Eagles (NFL), Pittsburgh Steelers (NFL), Philadelphia Flyers (NHL), Philadelphia Phillies (MLB), and Philadelphia 76ers (NBA). Be amazed by the popular attractions like the Philly Cheesesteak, the Amish Country, and the Pittsburgh Zoo.

Discover a blend of old and new in Pennsylvania, where history and progress coexist to make it a great place to live.

Rental Market Trends

Palmyra, PA

As of June 2026, Palmyra's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Palmyra's average rent is 4.4% ($70) higher than the Pennsylvania average of $1,581 and 8.1% ($146) lower than the U.S. average of $1,797.

Average Rent
$1,651
Monthly ChangeMonth Over Month Change
Decreased0.7% ($11)
Yearly ChangeYear Over Year Change
Increased31.7% ($397)
Avg. Days on MarketAverage Days on Market
39
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $1,368 Increased14.2% ($170) Increased51.3% ($464)
2 Beds $1,675 Decreased1.9% ($32) Increased55.1% ($595)
3 Beds $1,878 Decreased2.2% ($43) Increased46.6% ($597)
Nearby Cities Average Rent Avg. Rent vs. PalmyraAverage Rent vs. Palmyra Avg. Days on MarketAverage Days on Market
Hershey $1,873 Increased13.4% ($222) 30 days
Hummelstown $2,190 Increased32.6% ($539) 30 days
Elizabethtown $1,247 Decreased24.5% ($404) 30 days
Lebanon $1,444 Decreased12.5% ($207) 28 days
Grantville $1,245 Decreased24.6% ($406) 33 days
Rental market trends are calculated using listing data from RentalSource.
Frequently Asked Questions
Palmyra Rental Market FAQs

Explore rental prices, market trends, and availability in Palmyra, PA.

The average rent in Palmyra, PA is $1,651 per month.
Homes in Palmyra typically rent for between $958 and $2,441 per month, with an average of $1,651 per month.
In Palmyra, the average rent for a 1-bedroom home is $1,368 per month, for a 2-bedroom home, $1,675 per month, and a 3-bedroom home is $1,878 per month.
The average rent in Palmyra is 8.1% ($146) lower than the national average of $1,797 per month.
The average rent in Palmyra has decreased by 0.7% ($11) in the last month and increased by 31.7% ($397) over the past year.
The rental market in Palmyra, PA, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.
In Palmyra, PA, the average rental stays on the market for approximately 39 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.
There are currently 7 rental properties available in Palmyra, PA.
Based on the current averages, a household would need an annual income of $67,000 to comfortably afford a 2-bedroom home in Palmyra.
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