
Cheap Apartments for Rent in Martinsville, VA from $500 (18 Rentals)
Search the lowest-cost Apartments available for rent right now in Martinsville.


1130 Ridge Rd

832 Smith St

1006 E St

224 Pine St

937 Banks Rd

50 Mason Ct

Lakemont Apartment Homes
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

HAMPTONS AT COUNTRY PARK

North Lakes Apartments

86 Cooks Park Dr

85 Wilson St

912 Arnett Blvd
Martinsville, VA Local Guide

How much does it cost to rent an apartment in Martinsville?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Martinsville Studio Apartments | $827 | $825 | $830 |
Martinsville 1 Bedroom Apartments | $1,367 | $650 | $1,828 |
Martinsville 2 Bedroom Apartments | $1,599 | $795 | $2,193 |
Martinsville 3 Bedroom Apartments | $1,719 | $1,150 | $2,395 |
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Martinsville, VA Local Guide
- Martinsville Neighborhoods
- Nearby Cities
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- Local Counties
Cheapest Neighborhoods for Apartments in Martinsville, VA
Pricing Updated: 04/23/2025Current 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:
Neighborhood | Median Price | Min Price | Available Units |
---|---|---|---|
Upper Martinsville | $1,207 | $911 | 7 |
Cheapest Available Martinsville Apartments for Rent and Nearby
 The cheapest available apartment rental in Martinsville, VA is a Studio unit found at 602 Henry St priced from $830. Ridge View in the Upper Martinsville neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $911. Here is today’s list of the most affordable Martinsville apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
602 Henry St | ST1B | Studio,1BA | $830 |
Ridge View | 2 Bedroom | 2BR,1BA | $911 |
Village 1373 | A1 Upgraded | 1BR,1BA | $920 |
School Drive Apartments | One Bedroom | 1BR,1BA | $921 |
The Hedges Apartments | 1x1 F | 1BR,1BA | $950 |
Best Value Apartments for Rent in Martinsville, VA and Nearby
As of April 23, 2025 the best value apartment in the Martinsville area is the $1.11 price per square foot 2 Beds | 2.5 Bath Model at Terrace at Olde Battleground in the in the Dellwood Park neighborhood starting from $1,309. The second greatest value Martinsville apartment is the 3 Bed 2 Bath Model at Summit View starting at $1,250 with a $1.08 price per square foot in the Spicewood neighborhood. Here is today’s list of the best values for Martinsville apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Terrace at Olde Battleground | 2 Beds | 2.5 Bath | 2BR,2.5BA | $1.11 |
Summit View | 3 Bed 2 Bath | 3BR,2BA | $1.08 |
North Lakes Apartments | 3 bedroom 2 bathroom | 3BR,2BA | $1.24 |
Terrace Oaks | 2 Bed 2 Bath | 2BR,2BA | $1.13 |
Ridge View | 3 Bedroom | 3BR,2BA | $1.02 |
Woodland Heights Apartments | 2BRx2BA | 2BR,2BA | $1.10 |
Oakmont Apartments | Upstairs 2 Bedroom/1.5 Bath | 2BR,1.5BA | $1.02 |
602 Henry St | 1BR1B | 1BR,1BA | $1.06 |
Blackthorn Apartments of Greensboro | 1 Bedroom - PROMOTION! | 1BR,1BA | $1.31 |
School Drive Apartments | One Bedroom | 1BR,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 the price of a cheap apartment in Martinsville?
The cheapest apartment in Martinsville is Village 1373 which is listed at $920, 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 2 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.

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.

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Written by: Christine Leonard, Esq.
Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.

Renting Smart: Lease Basics Every Renter Needs
Written by: Christine Leonard, Esq.
Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

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.