Palmyra, TN rental market
What is the average rent in Palmyra, TN?
Rental market summary
The average rent for all bedrooms and all property types in Palmyra, TN is $1,595.
Average rent
$1,595
Month-over-monthMoM change
+$100
Year-over-yearYoY change
-$305
Available rentals
2
Source: Zillow Rentals data
Rental price range
The price range for all bedrooms and all property types is $1,595 to $1,800.
| Rent price | Number of rental properties |
|---|---|
| $1,500 | 1 |
| $1,700 | 1 |
| $1,800+ | 1 |
Average rent price over time
In the last year, rent has decreased by $305 compared to the previous year.
| Last year (2025) | This year (2026) | |
|---|---|---|
| Jan | $1,700 | $1,100 |
| Feb | $1,395 | $1,350 |
| Mar | $1,650 | $850 |
| May | $1,500 | $850 |
| Jul | $1,050 | $1,495 |
| Aug | $1,204 | $1,595 |
| Sep | $1,095 | No data |
| Oct | $995 | No data |
| Nov | $1,900 | No data |
| Dec | $1,050 | No data |
Market temperature
The Palmyra, TN rental market temperature is COOL. Market temperature is based on changes in renter demand compared to the national average. For example, a hot market has increasing demand.
Temperature is based on all bedrooms and all property types.
Compare average rent in markets
Rent in Palmyra, TN is 20% lower than the national average.
$1,595
$2,000
Rent in Palmyra, TN
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Frequently asked questions
1. What is the average rent in Palmyra, TN?
2. What is the average rent for a four-bedroom apartment in Palmyra, TN?
3. How much does it cost to rent a house in Palmyra, TN?
4. How has the rent in Palmyra, TN changed in the last year?
5. How much has the rent in Palmyra, TN increased/decreased in the last month?
6. How many available rentals are there in Palmyra, TN?
7. How do rent prices in Palmyra, TN compare with the national average?
