What's the average rent in Palmyra, TN?

Rental Market Trends in Palmyra, TN

SOURCE: TRULIA DATA

Rental market highlights

As of November 2026, the average rent in Palmyra, TN is $1,595 per month, which is 17% lower than the national average rent of $1,932 per month.

AVERAGE RENT

$1,595
6.7%
$100 increase month-over-month
-16.1%
-$305 decrease year-over-year

AVAILABLE RENTALS

2

APARTMENTS

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HOUSES

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TOWNHOUSES

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Average rent by number of bedrooms

Floor plan typeAverage rent
1 Bedroom—
2 Bedrooms—
3 Bedrooms—
4 Bedrooms$1,595
All$1,595
As of November 2026, the average rent for a 4 bedroom rental in Palmyra, TN is $1,595 per month.

Average rent trends and rent ranges

Average rent price over time

In the past year, rent has decreased by -16% compared to the previous year, which is a $305 decrease.
This year (2026)
Last year (2025)

Rent distribution

100% of rentals have rent of $1,500-$2,199/month

Rental price range

The price range for rentals is $1,800 to $1,800.
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