Palmyra Peak is a 13,319-foot-elevation (4,060-meter) mountain summit located in San Miguel County of southwest Colorado, United States.

[4] It is situated four miles south of the town of Telluride, on land managed by Uncompahgre National Forest.

[5] Topographic relief is significant as the north aspect rises 2,300 feet (700 meters) above Prospect Basin in one mile, and the west aspect rises 2,100 feet above Alta Lakes in one-half mile.

The mountain's name has been officially adopted by the United States Board on Geographic Names in association with the Palmyra Mine, a gold and silver mine located at an elevation of 11,650-feet on the peak's western aspect.

[7] Due to its altitude, it receives precipitation all year, as snow in winter, and as thunderstorms in summer, with a dry period in late spring.