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Cheap Apartments for Rent in Henry County, VA from $500 (23 Rentals)
Search the lowest-cost Apartments available for rent right now in Henry County.
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Rent Specials
$926 - $1,2842 to 3 Bedroom Apartments Available Now
Ridge View
1130 Ridge RdMartinsville, VA 24112
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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.
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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.
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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
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Showing Results 1-23, Page 1 of 1
Henry County, VA Local Guide
Great Falls Park by bobistraveling is licensed under CC BY 2.0
How much does it cost to rent an apartment in Henry County?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Henry County 1 Bedroom Apartments | $847 | $725 | $921 |
| Henry County 2 Bedroom Apartments | $877 | $795 | $950 |
| Henry County 3 Bedroom Apartments | $1,206 | $1,181 | $1,284 |
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Cheapest Available Henry County Apartments for Rent
The cheapest available apartment rental in Henry County, VA is a 1 Bed unit found at Fayette Street Lofts in the Upper Martinsville neighborhood priced from $795. Hill Court Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $875. Here is today’s list of the most affordable Henry County apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Fayette Street Lofts | Loft | 1BR,1BA | $795 |
| Hill Court Apartments | 1 Bed 1 Bath | 1BR,1BA | $875 |
| School Drive Apartments | One Bedroom | 1BR,1BA | $921 |
| Ridge View | 2/1.5 50% AMI | 2BR,1BA | $926 |
Best Value Apartments for Rent in Henry County, VA
As of December 05, 2025 the best value apartment in the Henry County area is the $1.00 price per square foot 3/2 60% AMI Model at Ridge View in the in the Upper Martinsville neighborhood starting from $1,284. The second greatest value Henry County apartment is the Flat Model at Fayette Street Lofts starting at $895 with a $1.03 price per square foot in the Upper Martinsville neighborhood. Here is today’s list of the best values for Henry County apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Ridge View | 3/2 60% AMI | 3BR,2BA | $1.00 |
| Fayette Street Lofts | Flat | 1BR,1BA | $1.03 |
| School Drive Apartments | One Bedroom | 1BR,1BA | $1.31 |
| Hill Court Apartments | 2 Bed 1 Bath | 2BR,1BA | $1.73 |
Frequently Asked Questions about Cheap Henry County Apartments
What is the price of a cheap apartment in Henry County?
The cheapest apartment in Henry County is Fayette Street Lofts which is listed at $795, while the average apartment in Henry County costs $1,750.
What types of apartments are the cheapest in Henry County?
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 1 regular apartments in Henry County 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 Henry County?
Cheap apartments in Henry County have an average cost of $321 which is $1,429 cheaper than the average rent for all rentals in Henry County.
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.
Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.
Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.
How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!
The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.