Cheap Apartments for Rent in Madison Heights, VA from $300 (6 Rentals)

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

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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Madison Heights, VA Local Guide

Cheapest Available Madison Heights Apartments for Rent

 

The cheapest available apartment rental in Madison Heights, VA is a 1 Bed unit found at Elora Gardens Lynchburg in the Tate Springs neighborhood priced from $696. Imperial Tobacco Lofts in the College Hill neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $860. Here is today’s list of the most affordable Madison Heights apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Elora Gardens Lynchburg1 Bedroom1BR,1BA$696
Imperial Tobacco Lofts1BR/1.0BA1BR,1BA$860
Midtown Lofts1 Bed 1 Bath1BR,1BA$895

Best Value Apartments for Rent in Madison Heights, VA

As of August 04, 2025 the best value apartment in the Madison Heights area is the $0.69 price per square foot 2BR/2.0BA Model at River Lofts West in the in the College Hill neighborhood starting from $1,240. The second greatest value Madison Heights apartment is the 1200 Commerce St Model at 1200 Commerce St, Unit 4 starting at $2,300 with a $1.35 price per square foot in the College Hill neighborhood. Here is today’s list of the best values for Madison Heights apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
River Lofts West2BR/2.0BA2BR,2BA$0.69
1200 Commerce St, Unit 41200 Commerce St2BR,2BA$1.35
405 Harrison St, Unit 2405 Harrison St3BR,3BA$1.11
1025 Church St, Unit A1025 Church St1BR,1.5BA$0.91
Town Center Apartments3 Bed/2 Bath Type 13BR,2BA$1.25
206 11th St2 Beds, 2 baths2BR,2BA$1.30
The WayneCourtyard1BR,1BA$1.45
The Westie in Madison Heights2 BR2BR,2BA$1.45
Midtown Lofts1 Bed 1 Bath1BR,1BA$1.19
Imperial Tobacco Lofts1BR/1.0BA1BR,1BA$1.42

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Getting Around Madison Heights, VA

Walk Score®

34 / 100

Car-Dependent

Most errands require a car

Bike Score®

23 / 100

Somewhat Bikeable

Minimal bike infrastructure

Transit Score®

1 / 100

Minimal Transit

It may be possible to get on a bus

Frequently Asked Questions about Cheap Madison Heights Apartments

How much is rent for a Cheap One Bedroom Madison Heights Apartment?

The lowest price for a Cheap One Bedroom Madison Heights Apartment is $696 at Elora Gardens Lynchburg.

What is the lowest price for a Cheap Two Bedroom Madison Heights Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Madison Heights is starting from $830 at Elora Gardens Lynchburg.

What is the most affordable Madison Heights Three Bedroom Apartment?

The best deal on a cheap Madison Heights Three Bedroom Apartment rental is at Church Street Townhomes and starts from $1,695.

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.

decorative image for The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro article

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.