Studio Apartment Rent in Palmyra, VA
Median asking rent for a studio apartment in Palmyra, Virginia as of July 2026. That's +23% lower than the citywide median of $2,089 and +24% above the national studio median of $1,290.
Income needed for a studio 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 studio at the current median rent.
Rent by apartment size in Palmyra
Compare Palmyra's median rent across every apartment size.
Cheapest cities for a studio in Virginia
| # | City | Studio rent |
|---|---|---|
| 1 | Danville | $630 |
| 2 | Martinsville | $700 |
| 3 | Bristol | $780 |
| 4 | Lexington | $830 |
| 5 | Farmville | $850 |
| 6 | Madison Heights | $880 |
| 7 | Roanoke | $883 |
| 8 | Christiansburg | $900 |
| 9 | Radford | $900 |
| 10 | Salem | $960 |
| 11 | Front Royal | $970 |
| 12 | Blacksburg | $990 |
| 13 | Waynesboro | $1,060 |
| 14 | Lynchburg | $1,100 |
| 15 | Harrisonburg | $1,120 |
Most expensive cities for a studio in Virginia
| # | City | Studio rent |
|---|---|---|
| 1 | Great Falls | $3,020 |
| 2 | Haymarket | $2,780 |
| 3 | Aldie | $2,720 |
| 4 | Gainesville | $2,670 |
| 5 | Burke | $2,560 |
| 6 | Vienna | $2,547 |
| 7 | Springfield | $2,490 |
| 8 | Chantilly | $2,440 |
| 9 | Arlington | $2,433 |
| 10 | Lorton | $2,430 |
| 11 | Oakton | $2,350 |
| 12 | Fairfax | $2,350 |
| 13 | Ashburn | $2,350 |
| 14 | Sterling | $2,257 |
| 15 | Alexandria | $2,249 |
Nearby cities — studio rent
Considering nearby alternatives? 5 of these cities have cheaper studio rents than Palmyra.
| City | Distance | Studio rent | vs Palmyra |
|---|---|---|---|
| Charlottesville, VA | 19.2 mi | $1,488 | $-112 (-7%) |
| Farmville, VA | 37.2 mi | $850 | $-750 (-47%) |
| Waynesboro, VA | 43.3 mi | $1,060 | $-540 (-34%) |
| Midlothian, VA | 50.6 mi | $1,780 | +$180 (+11%) |
| Glen Allen, VA | 53 mi | $1,830 | +$230 (+14%) |
| Harrisonburg, VA | 56.9 mi | $1,120 | $-480 (-30%) |
| Staunton, VA | 57.4 mi | $1,120 | $-480 (-30%) |
| Lakeside, VA | 58.1 mi | $1,580 | $-20 (-1%) |
| Richmond, VA | 60.3 mi | $1,577 | $-23 (-1%) |
| Madison Heights, VA | 60.6 mi | $880 | $-720 (-45%) |
| Chesterfield, VA | 62.5 mi | $1,705 | +$105 (+7%) |
| Fredericksburg, VA | 62.6 mi | $1,717 | +$117 (+7%) |
Studio rent in Palmyra — common questions
How much is a studio apartment in Palmyra?
As of July 2026, the median studio apartment rent in Palmyra, Virginia is $1,600 per month. This is +23% below the citywide median of $2,089.
What income do you need to afford a studio in Palmyra?
Using the standard 30% rent-to-income rule, you would need an annual income of about $64,000 ($5,333/month gross), which works out to roughly $30.77/hour at a full-time job.
Is Palmyra expensive for a studio compared to the rest of the US?
Palmyra's studio median of $1,600 is +24% above the national studio median of $1,290. It ranks in the 71th percentile of US cities tracked.
How does Palmyra rank for studio rent in Virginia?
Among the 79 cities in Virginia with studio data, Palmyra ranks #38 from cheapest to most expensive.
Are there cheaper studio options near Palmyra?
Yes — nearby cities with cheaper studio rents include Charlottesville ($1,488), Farmville ($850), Waynesboro ($1,060).