What's the average rent in Palmyra, TN?

Rental Market Trends in Palmyra, TN

SOURCE: TRULIA DATA

Rental market highlights

As of August 2026, the average rent in Palmyra, TN is $850 per month, which is 57% lower than the national average rent of $1,965 per month.

AVERAGE RENT

$850
-37.0%
-$500 decrease month-over-month
$850 increase year-over-year

AVAILABLE RENTALS

2

APARTMENTS

HOUSES

TOWNHOUSES

Average rent by number of bedrooms

Floor plan typeAverage rent
1 Bedroom
2 Bedrooms$850
3 Bedrooms
4 Bedrooms
All$850
As of August 2026, the average rent for a 2 bedroom rental in Palmyra, TN is $850 per month.

Average rent trends and rent ranges

Average rent price over time

In the past year, rent has decreased by -29% compared to the previous year, which is a $354 decrease.
This year (2026)
Last year (2025)

Rent distribution

100% of rentals have rent of $800-$1,499/month

Rental price range

The price range for rentals is $1,195 to $1,195.
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