Cheap Apartments for Rent in Martinsville, VA from $500 (23 Rentals)

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Search the lowest-cost Apartments available for rent right now in Martinsville.

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Maplewood Apartments
1 to 3 Bedroom Apartments

Maplewood Apartments

1446 Fayette StMartinsville, VA 24112
  • Utilities Included
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Fieldale Apartments
1 Bedroom Apartments

Fieldale Apartments

100 Marshall WayFieldale, VA 24089
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Ray Commons
Studio to 2 Bedroom Apartments

Ray Commons

625 Washington StEden, NC 27288
Showing Results 1-23, Page 1 of 1

Martinsville, VA Local Guide

Cheapest Neighborhoods for Apartments in Martinsville, VA

Pricing Updated: 03/24/2025

Current apartment rentals in the Martinsville, VA area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for Martinsville Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Upper Martinsville$1,207$911224

Cheapest Available Martinsville Apartments for Rent

 

The cheapest available apartment rental in Martinsville, VA is a Studio unit found at 602 Henry St priced from $830. Village 1373 in the New Irving Park neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $870. Here is today’s list of the most affordable Martinsville apartments for rent:

Apartment ListingModel NameBed/BathPriced From
602 Henry StST1BStudio,1BA$830
Village 1373B1 Upgraded2BR,1BA$870
Ridge View2 Bedroom2BR,1BA$871
North Lakes Apartments1 bedroom 1 bathroom1BR,1BA$895
School Drive ApartmentsOne Bedroom1BR,1BA$921

Best Value Apartments for Rent in Martinsville, VA

As of March 24, 2025 the best value apartment in the Martinsville area is the $1.08 price per square foot DRC 2/1 reg Model at Dan River Crossing in the starting from $1,400. The second greatest value Martinsville apartment is the 2BRx2BA w/SRM Model at Woodland Heights Apartments starting at $1,225 with a $1.07 price per square foot . Here is today’s list of the best values for Martinsville apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Dan River CrossingDRC 2/1 reg2BR,1BA$1.08
Woodland Heights Apartments2BRx2BA w/SRM2BR,2BA$1.07
Landon Creek ApartmentsTwo Bed, Two Bath2BR,2BA$1.28
Terrace Oaks2 Bed 2 Bath2BR,2BA$1.23
Ridge View3 Bedroom3BR,2BA$0.96
Kensington PlaceMagnolia2BR,2BA$1.16
Oakmont ApartmentsUpstairs 2 Bedroom/1.5 Bath2BR,1.5BA$1.02
602 Henry St1BR1B1BR,1BA$1.06
Blackthorn Apartments of Greensboro1 Bedroom - PROMOTION!1BR,1BA$1.31
School Drive ApartmentsOne Bedroom1BR,1BA$1.31

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Best Local Schools in
Martinsville, VA

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Getting Around Martinsville, VA

Walk Score®

31 / 100

Car-Dependent

Most errands require a car

Bike Score®

22 / 100

Somewhat Bikeable

Minimal bike infrastructure

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Martinsville Apartments

What is a cheap apartment in Martinsville?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Martinsville is under $995.

What is the price of a cheap apartment in Martinsville?

The cheapest apartment in Martinsville is North Lakes Apartments which is listed at $895, while the average apartment in Martinsville costs $1,207.

What types of apartments are the cheapest in Martinsville?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 90 regular apartments in Martinsville that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Martinsville?

Cheap apartments in Martinsville have an average cost of $1,059 which is $148 cheaper than the average rent for all rentals in Martinsville.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

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Understanding Amenity Fees: Know Where You Might Be Able to Save Money

Written by: Amber Kanuckel

With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

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What to Know About Fees and Fines When Renting

Written by: Trey Huguley

When it comes to renting a new apartment or home there can be a number of fees that you will want to keep in mind going into the process.

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Battling the Butts: Your Guide to the Reality of Smoke-Free Renting

Written by: Andrea Lee Negroni, JD

While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.

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How Your Move-In Inspection Can Protect Your Security Deposit

Written by: Christine Leonard, Esq.

If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.