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Palmyra, NE Home Values and Rents

The typical home value in Palmyra is $349,947. Median rent is $1,188 a month.

Typical home value
$349,947
Zillow
Median rent
$1,188/mo
ACS 2020-2024
Price change, 1 year
+4.7%
Sep 2026
Homeownership
94.4%
NE: 66.5%

Typical home value in Palmyra

Zillow Home Value Index, all homes, middle tier

Show as a table
PeriodPalmyra
Sep 2026$349,947
Dec 2025$336,883
Dec 2024$323,469
Dec 2023$308,433
Dec 2022$301,001
Dec 2021$260,922
Dec 2020$232,429
Dec 2019$211,878
Dec 2018$197,658
Dec 2017$183,892
Dec 2016$174,221
Dec 2015$163,441
Dec 2014$154,734
Dec 2013$149,395
Dec 2012$141,196

Over five years, Palmyra prices changed +38.5%.

Source: Zillow Research · Last updated 09/01/2026

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Fair Market Rents, FY2027

HUD rent standard for Otoe County, NE

NE rents
Unit sizeMonthly rentvs FY2026
Studio$805+12.9%
1 bedroom$850+8.6%
2 bedrooms$1,112+8.2%
3 bedrooms$1,464+6.8%
4 bedrooms$1,513+5.7%

Frequently asked questions

What is the typical home value in Palmyra, NE?
The typical home value in Palmyra is $349,947 (Zillow Home Value Index, Sep 2026). The Nebraska median is $238,600.
How much is rent in Palmyra?
The median rent in Palmyra is $1,188 a month, including utilities paid by the renter. HUD's FY2027 Fair Market Rent for a two-bedroom unit is $1,112.
Are home prices going up in Palmyra?
The typical home value in Palmyra changed +4.7% over one year and +38.5% over five years, as of Sep 2026.