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These days, finding an affordable place to live in the Palmyra area can be challenging. Home prices in Palmyra are now at a median cost of $271,332, lower than the Wisconsin average of $280,373.
The average cost of rent is $947/mo in Palmyra, primarily driven by the current value of real estate in the Palmyra area. In Palmyra, 18.31% of households rent, and 37.71% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Palmyra is $7,629 per month. Households that rent pay about 12.42% of their income on rent here. Palmyra’s most expensive areas are in the southeastern regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Little Prairie, WI: higher priced homes
- La Grange, WI: higher priced homes
- Eagle, WI: higher priced homes
- Rome, WI: higher priced homes
- Hebron, WI: higher priced homes
- Eagleville, WI: higher priced homes
- Troy Center, WI: higher priced homes
- Sullivan, WI: higher priced homes
- Whitewater, WI: equally priced homes
- Dousman, WI: higher priced homes
Cities with Similar Populations
- Howards Grove, WI: equally priced homes
- Osseo, MN: higher priced homes
- North Shore, CA: less expensive homes
- New Paris, OH: less expensive homes
- Mechanicsburg, OH: less expensive homes
- McColl, SC: less expensive homes
- Janesville, MN: less expensive homes
- Gunnison, UT: higher priced homes
- Grape Creek, TX: less expensive homes
- George West, TX: less expensive homes
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