2-Bedroom Apartment Rent in Palmyra, VA
Median asking rent for a 2-bedroom apartment in Palmyra, Virginia as of July 2026. That's +6% lower than the citywide median of $2,089 and +19% above the national 2-bedroom median of $1,655.
Income needed for a 2-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 2-bedroom at the current median rent.
Rent by apartment size in Palmyra
Compare Palmyra's median rent across every apartment size.
Cheapest cities for a 2-bedroom in Virginia
| # | City | 2-Bedroom rent |
|---|---|---|
| 1 | Martinsville | $880 |
| 2 | Danville | $920 |
| 3 | Lexington | $980 |
| 4 | Bellwood | $1,008 |
| 5 | Madison Heights | $1,010 |
| 6 | Farmville | $1,020 |
| 7 | Bristol | $1,100 |
| 8 | Roanoke | $1,131 |
| 9 | Radford | $1,140 |
| 10 | Christiansburg | $1,170 |
| 11 | East Highland Park | $1,222 |
| 12 | Salem | $1,230 |
| 13 | Waynesboro | $1,230 |
| 14 | Montrose | $1,253 |
| 15 | Lynchburg | $1,265 |
Most expensive cities for a 2-bedroom in Virginia
| # | City | 2-Bedroom rent |
|---|---|---|
| 1 | Great Falls | $3,470 |
| 2 | Haymarket | $3,200 |
| 3 | Aldie | $3,130 |
| 4 | Gainesville | $3,070 |
| 5 | Burke | $2,940 |
| 6 | Vienna | $2,930 |
| 7 | Springfield | $2,863 |
| 8 | Chantilly | $2,805 |
| 9 | Arlington | $2,798 |
| 10 | Lorton | $2,790 |
| 11 | Fairfax | $2,703 |
| 12 | Oakton | $2,700 |
| 13 | Ashburn | $2,700 |
| 14 | Sterling | $2,593 |
| 15 | Alexandria | $2,584 |
Nearby cities — 2-bedroom rent
Considering nearby alternatives? 5 of these cities have cheaper 2-bedroom rents than Palmyra.
| City | Distance | 2-Bedroom rent | vs Palmyra |
|---|---|---|---|
| Charlottesville, VA | 19.2 mi | $1,830 | $-140 (-7%) |
| Farmville, VA | 37.2 mi | $1,020 | $-950 (-48%) |
| Waynesboro, VA | 43.3 mi | $1,230 | $-740 (-38%) |
| Midlothian, VA | 50.6 mi | $2,050 | +$80 (+4%) |
| Glen Allen, VA | 53 mi | $2,105 | +$135 (+7%) |
| Harrisonburg, VA | 56.9 mi | $1,445 | $-525 (-27%) |
| Staunton, VA | 57.4 mi | $1,300 | $-670 (-34%) |
| Lakeside, VA | 58.1 mi | $1,820 | $-150 (-8%) |
| Richmond, VA | 60.3 mi | $1,813 | $-157 (-8%) |
| Madison Heights, VA | 60.6 mi | $1,010 | $-960 (-49%) |
| Chesterfield, VA | 62.5 mi | $1,960 | $-10 (-1%) |
| Fredericksburg, VA | 62.6 mi | $1,973 | +$3 (0%) |
2-Bedroom rent in Palmyra — common questions
How much is a 2-bedroom apartment in Palmyra?
As of July 2026, the median 2-bedroom apartment rent in Palmyra, Virginia is $1,970 per month. This is +6% below the citywide median of $2,089.
What income do you need to afford a 2-bedroom in Palmyra?
Using the standard 30% rent-to-income rule, you would need an annual income of about $78,800 ($6,567/month gross), which works out to roughly $37.88/hour at a full-time job.
Is Palmyra expensive for a 2-bedroom compared to the rest of the US?
Palmyra's 2-bedroom median of $1,970 is +19% above the national 2-bedroom median of $1,655. It ranks in the 67th percentile of US cities tracked.
How does Palmyra rank for 2-bedroom rent in Virginia?
Among the 81 cities in Virginia with 2-bedroom data, Palmyra ranks #45 from cheapest to most expensive.
Are there cheaper 2-bedroom options near Palmyra?
Yes — nearby cities with cheaper 2-bedroom rents include Charlottesville ($1,830), Farmville ($1,020), Waynesboro ($1,230).