Rent in Palmyra, NE
A 2-bedroom in Palmyra, NE (ZIP 68418) typically rents for about $1,560 a month, with a range of $1,112–$1,560. Owner-occupied homes in Otoe County pay about 1.33% of their value a year in property tax, and the 30-year fixed mortgage rate averaged 7.24% in the week of Oct 29, 2026.
Rent by bedrooms
| Size | Typical | Range across ZIPs | ZIPs |
|---|---|---|---|
| Studio | $1,130 | $805–$1,130 | 1 |
| 1 bed | $1,066 | $942–$1,190 | 1 |
| 2 beds | $1,560 | $1,112–$1,560 | 1 |
| 3 beds | $2,050 | $1,464–$2,050 | 1 |
| 4 beds | $2,120 | $1,513–$2,120 | 1 |
Typical = median of each ZIP's best guess. Gross rent (rent plus tenant-paid utilities). Sources: HUD Small Area Fair Market Rents (Oct 1, 2026), Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).
Palmyra ZIP codes
2 bedsFrequently asked questions
- What is the average rent for a 2-bedroom in Palmyra, NE?
- About $1,560 a month: the median of the typical rents in 1 ZIP code, which range from $1,112–$1,560. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 1-bedroom in Palmyra, NE?
- About $1,066 a month: the median of the typical rents in 1 ZIP code, which range from $942–$1,190. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 3-bedroom in Palmyra, NE?
- About $2,050 a month: the median of the typical rents in 1 ZIP code, which range from $1,464–$2,050. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a studio in Palmyra, NE?
- About $1,130 a month: the median of the typical rents in 1 ZIP code, which range from $805–$1,130. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 4-bedroom in Palmyra, NE?
- About $2,120 a month: the median of the typical rents in 1 ZIP code, which range from $1,513–$2,120. Figures are gross rent (rent plus tenant-paid utilities).
- What is the property tax rate in Palmyra, NE?
- Owner-occupied homes in Otoe County pay a typical 1.33% of their value a year (Census ACS, median taxes paid ÷ median home value, Dec 31, 2024). Investors often pay more after a purchase: the home is reassessed at the sale price and there is no homestead exemption.
- What is the current 30-year mortgage rate?
- The 30-year fixed rate averaged 7.24% in the week of Oct 29, 2026 (Freddie Mac PMMS via FRED). It's a national average for owner-occupied loans; investment property loans usually cost more.
- Where do these Palmyra rent figures come from?
- HUD Small Area Fair Market Rents (Oct 1, 2026), Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).