1-Bedroom Rent · July 2026

1-Bedroom Apartment Rent in Palmyra, VA

$1,690/mo

Median asking rent for a 1-bedroom apartment in Palmyra, Virginia as of July 2026. That's +19% lower than the citywide median of $2,089 and +21% above the national 1-bedroom median of $1,395.

1-Bedroom median
$1,690
July 2026
vs city overall
-19%
$2,089 city median
vs national
+21%
$1,395 US median
Virginia rank
#41
of 81 cities

Income needed for a 1-bedroom in Palmyra

Using the standard 30% rent-to-income guideline (the threshold above which households are considered rent-burdened), here's what you need to earn to comfortably afford a 1-bedroom at the current median rent.

Annual income
$67,600
Monthly gross
$5,633
Hourly (full-time)
$32.50

Rent by apartment size in Palmyra

Compare Palmyra's median rent across every apartment size.

Studio
$1,600
1-Bedroom (current)
$1,690
2-Bedroom
$1,970
3-Bedroom
$2,460
4+ Bedroom
$2,990

Cheapest cities for a 1-bedroom in Virginia

#City1-Bedroom rent
1Martinsville$700
2Danville$740
3Bellwood$809
4Farmville$850
5Bristol$870
6Lexington$870
7Madison Heights$890
8Radford$900
9Christiansburg$920
10Roanoke$940
11Front Royal$980
12Salem$1,020
13Blacksburg$1,040
14East Highland Park$1,051
15Waynesboro$1,070

Most expensive cities for a 1-bedroom in Virginia

#City1-Bedroom rent
1Great Falls$3,080
2Haymarket$2,840
3Aldie$2,780
4Gainesville$2,730
5Burke$2,610
6Vienna$2,600
7Springfield$2,547
8Chantilly$2,490
9Arlington$2,486
10Lorton$2,480
11Fairfax$2,403
12Oakton$2,400
13Ashburn$2,395
14Sterling$2,307
15Alexandria$2,297

Nearby cities — 1-bedroom rent

Considering nearby alternatives? 5 of these cities have cheaper 1-bedroom rents than Palmyra.

CityDistance1-Bedroom rentvs Palmyra
Charlottesville, VA19.2 mi$1,573$-117 (-7%)
Farmville, VA37.2 mi$850$-840 (-50%)
Waynesboro, VA43.3 mi$1,070$-620 (-37%)
Midlothian, VA50.6 mi$1,850+$160 (+9%)
Glen Allen, VA53 mi$1,905+$215 (+13%)
Harrisonburg, VA56.9 mi$1,130$-560 (-33%)
Staunton, VA57.4 mi$1,130$-560 (-33%)
Lakeside, VA58.1 mi$1,640$-50 (-3%)
Richmond, VA60.3 mi$1,639$-51 (-3%)
Madison Heights, VA60.6 mi$890$-800 (-47%)
Chesterfield, VA62.5 mi$1,770+$80 (+5%)
Fredericksburg, VA62.6 mi$1,753+$63 (+4%)

1-Bedroom rent in Palmyra — common questions

How much is a 1-bedroom apartment in Palmyra?

As of July 2026, the median 1-bedroom apartment rent in Palmyra, Virginia is $1,690 per month. This is +19% below the citywide median of $2,089.

What income do you need to afford a 1-bedroom in Palmyra?

Using the standard 30% rent-to-income rule, you would need an annual income of about $67,600 ($5,633/month gross), which works out to roughly $32.50/hour at a full-time job.

Is Palmyra expensive for a 1-bedroom compared to the rest of the US?

Palmyra's 1-bedroom median of $1,690 is +21% above the national 1-bedroom median of $1,395. It ranks in the 69th percentile of US cities tracked.

How does Palmyra rank for 1-bedroom rent in Virginia?

Among the 81 cities in Virginia with 1-bedroom data, Palmyra ranks #41 from cheapest to most expensive.

Are there cheaper 1-bedroom options near Palmyra?

Yes — nearby cities with cheaper 1-bedroom rents include Charlottesville ($1,573), Farmville ($850), Waynesboro ($1,070).

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Methodology: Bedroom-level rent medians come from HUD Fair Market Rent data calibrated to the Zillow Observed Rent Index (ZORI) for Palmyra, which serves as the citywide anchor. When the HUD bedroom values exceed the ZORI city median (a common quirk in luxury markets and small samples), bedroom values are proportionally scaled down to align. Income required uses the standard 30% rent-to-income guideline. Comparison rankings use the same data month across all cities (July 2026) and exclude cities with median rent below $400 or above $20,000.