Cheap Homes for Rent in Martinsville, VA from $700 (15 Rentals)

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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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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.

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Martinsville, VA Local Guide

Cheapest Neighborhoods for Apartments in Martinsville, VA

Pricing Updated: 05/14/2025

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$1,181$87512

Cheapest Available Martinsville Apartments for Rent and Nearby

 

The cheapest available apartment rental in Martinsville, VA is a 1 Bed unit found at Village 1373 in the New Irving Park neighborhood priced from $920. School Drive Apartments in the Upper Martinsville neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $921. Here is today’s list of the most affordable Martinsville apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Village 1373A2 Upgraded1BR,1BA$920
School Drive ApartmentsOne Bedroom1BR,1BA$921
Ridge View2 Bedroom2BR,1BA$926
The Hedges Apartments1x1 F1BR,1BA$950
Chatham LoftsOne Bedroom Flat1BR,1BA$975

Best Value Apartments for Rent in Martinsville, VA and Nearby

As of May 14, 2025 the best value apartment in the Martinsville area is the $1.14 price per square foot 2BRx2BA w/Balcony Model at Woodland Heights Apartments in the starting from $1,350. The second greatest value Martinsville apartment is the 3 bedroom 2 bathroom Model at North Lakes Apartments starting at $1,399 with a $1.24 price per square foot in the New Irving Park neighborhood. 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.
Woodland Heights Apartments2BRx2BA w/Balcony2BR,2BA$1.14
North Lakes Apartments3 bedroom 2 bathroom3BR,2BA$1.24
Hawthorne at Horse Pen CreekThe Cornwallis2BR,2BA$1.35
Ridge View3 Bedroom3BR,2BA$1.02
Summit View2 Bed 2 Bath2BR,2BA$1.11
Rise BridgeviewA31BR,1BA$1.36
Landon Creek ApartmentsOne Bed, One Bath1BR,1BA$1.32
Blackthorn Apartments of Greensboro1 Bedroom - PROMOTION!1BR,1BA$1.31
Kensington PlaceDogwood1BR,1BA$1.35
School Drive ApartmentsOne Bedroom1BR,1BA$1.31

Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Frequently Asked Questions about Martinsville

What type of rentals are currently available in Martinsville?

There are currently 80 Apartments for Rent in Martinsville, VA with pricing that ranges from $650 to $2,485. There are also 30 Single Family Homes for rent, Condos, and Townhome rentals currently available in Martinsville ranging from $750 to $3,500.

What is the current price range for Rental Homes in Martinsville?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Martinsville ranges from $750 to $3,500 with an average monthly rent of $1,662.

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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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.

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Rise of Digital Nomads: Remote Work Tips for Apartment Renters

Written by: Brandie Parton

As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.