Cheap Homes for Rent in Madison Heights, VA from $500 (9 Rentals)

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

property at 117 Williams Rd

$535

Total Monthly Price

Total Monthly Price

Base Rent
$535

Total Monthly Price
$535

1 Bedroom, 1 Bath Townhome for Rent

Available Jun 1

117 Williams Rd

Madison HeightsVA24572
property at 113 Williams Rd

$535

Total Monthly Price

Total Monthly Price

Base Rent
$535

Total Monthly Price
$535

5 Bedroom, 5 Bath Townhome for Rent

Available Aug 1

113 Williams Rd

Madison HeightsVA24572
property at 105 Williams Rd

$535

Total Monthly Price

Total Monthly Price

Base Rent
$535

Total Monthly Price
$535

5 Bedroom, 5 Bath Townhome for Rent

Available Aug 7

105 Williams Rd

Madison HeightsVA24572
property at 209 Clark St

$600

Total Monthly Price

Total Monthly Price

Base Rent
$600

Total Monthly Price
$600

3 Bedroom, 2 Bath Home for Rent

Available Aug 1

209 Clark St

Madison HeightsVA24572

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

property at 912 Floyd St

$795

Total Monthly Price

Total Monthly Price

Base Rent
$795

Total Monthly Price
$795

2 Bedroom, 1 Bath Condo for Rent

Available Now

912 Floyd St

LynchburgVA24501
property at 901 Jefferson St

$876

Total Monthly Price

Total Monthly Price

Base Rent
$876

Total Monthly Price
$876

Studio, 1 Bath Home for Rent

Available Jul 6

901 Jefferson St

LynchburgVA24502
property at 1112 Bedford Ave

$895

Total Monthly Price

Total Monthly Price

Base Rent
$895

Total Monthly Price
$895

1 Bedroom, 1 Bath Condo for Rent

Available Now

1112 Bedford Ave

LynchburgVA24504
property at 103 Willow St

$895

Total Monthly Price

Total Monthly Price

Base Rent
$895

Total Monthly Price
$895

2 Bedroom, 1 Bath Home for Rent

Available Now

103 Willow St

LynchburgVA24503

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.

property at 111 McBrandon Dr

$900

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$900

Total Monthly Price
$900

2 Bedroom, 2 Bath Townhome for Rent

Available Jul 31

111 McBrandon Dr

Madison HeightsVA24572

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 Dumont Apartments in the Tate Springs neighborhood priced from $695. The Greenbrier Apartments in the Tate Springs neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $800. Here is today’s list of the most affordable Madison Heights apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Dumont Apartments1BR/1.0BA1BR,1BA$695
The Greenbrier ApartmentsOne Bedroom - Renovated1BR,1BA$800
Princeton Circle West ApartmentsColonial Terrace1BR,1BA$895

Best Value Apartments for Rent in Madison Heights, VA

As of May 21, 2026 the best value apartment in the Madison Heights area is the $1.06 price per square foot 2021 Rivermont Ave Model at 2021 Rivermont Ave, Unit 2021 Rivermont - A in the in the Tate Springs neighborhood starting from $1,800. The second greatest value Madison Heights apartment is the Uptown Lofts Model at The Wayne starting at $1,300 with a $0.87 price per square foot in the Montview 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.
2021 Rivermont Ave, Unit 2021 Rivermont - A2021 Rivermont Ave2BR,2BA$1.06
The WayneUptown Lofts1BR,1BA$0.87
Town Center Apartments3 Bed/2 Bath Type 13BR,2BA$1.22
Garland Rodes ApartmentsTwo Bedroom2BR,1.5BA$1.40
317 Grove Street2 Bedroom 1 Bath - 487462BR,1BA$0.97
Midtown on 12thStudioStudio ,1BA$1.07
Dumont Apartments1BR/1.0BA1BR,1BA$0.87
2110 Rivermont Ave, Unit 42110 Rivermont Ave1BR,1BA$1.27
The Greenbrier ApartmentsOne Bedroom - Renovated1BR,1BA$1.14
Princeton Circle West ApartmentsColonial Terrace1BR,1BA$1.52

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

Read Article
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Quick Rent Budget Calculator

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

Explore Madison Heights, VA Rentals by Map

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Frequently Asked Questions about Madison Heights

What type of rentals are currently available in Madison Heights?

There are currently 103 Apartments for Rent in Madison Heights, VA with pricing that ranges from $695 to $2,250. There are also 35 Single Family Homes for rent, Condos, and Townhome rentals currently available in Madison Heights ranging from $535 to $3,000.

What is the current price range for Rental Homes in Madison Heights?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Madison Heights ranges from $535 to $3,000 with an average monthly rent of $1,368.

Expert Rental Resources

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.

Articles, How-To's, and Tips

decorative image for A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

decorative image for Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts  article

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.