Cheap Homes for Rent in Madison Heights, VA from $500 (17 Rentals)

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

property at 115 Williams Rd

$585

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$585

Total Monthly Price
$585

5 Bedroom, 5 Bath Townhome for Rent

Available Now

115 Williams Rd

Madison HeightsVA24572
property at 155 Pomona Dr

$785

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$785

Total Monthly Price
$785

2 Bedroom, 1 Bath Home for Rent

Available Now

155 Pomona Dr

Madison HeightsVA24572
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 1112 Bedford Ave

$795

Total Monthly Price

Total Monthly Price

Base Rent
$795

Total Monthly Price
$795

1 Bedroom, 1 Bath Condo for Rent

Available Now

1112 Bedford Ave

LynchburgVA24504

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

property at 2430 Carter St

$850

Total Monthly Price

Total Monthly Price

Base Rent
$850

Total Monthly Price
$850

2 Bedroom, 1 Bath Home for Rent

Available Oct 5

2430 Carter St

LynchburgVA24501
property at 2461 Rivermont Ave

$895

Total Monthly Price

Total Monthly Price

Base Rent
$895

Total Monthly Price
$895

1 Bedroom, 1 Bath Home for Rent

Available Now

2461 Rivermont Ave

LynchburgVA24503
property at 2249 Aragon St

$895

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$895

Total Monthly Price
$895

2 Bedroom, 1 Bath Home for Rent

Available Now

2249 Aragon St

LynchburgVA24501

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

property at 142 Grove Ave

$900

Total Monthly Price

Total Monthly Price

Base Rent
$900

Total Monthly Price
$900

1 Bedroom, 1 Bath Home for Rent

Available Now

142 Grove Ave

Madison HeightsVA24572
property at 209 C St

$950

Total Monthly Price

Total Monthly Price

Base Rent
$950

Total Monthly Price
$950

3 Bedroom, 1 Bath Townhome for Rent

Available Now

209 C St

LynchburgVA24504
property at 1926 Seabury Ave

$975

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$975

Total Monthly Price
$975

2 Bedroom, 2 Bath Home for Rent

Available Nov 5

1926 Seabury Ave

LynchburgVA24501
property at 2105 A Georgia Ave

$995

Total Monthly Price

Total Monthly Price

Base Rent
$995

Total Monthly Price
$995

2 Bedroom, 1 Bath Townhome for Rent

Available Now

2105 A Georgia Ave

LynchburgVA24501

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

property at 1810 Laurel St

$995

Total Monthly Price

Total Monthly Price

Base Rent
$995

Total Monthly Price
$995

2 Bedroom, 1 Bath Home for Rent

Available Now

1810 Laurel St

LynchburgVA24504
property at 139 Cedar Crest Dr

$995

Total Monthly Price

Total Monthly Price

Base Rent
$995

Total Monthly Price
$995

2 Bedroom, 2 Bath Townhome for Rent

Available Aug 28

139 Cedar Crest 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 11 West Princeton Circle in the Tate Springs neighborhood priced from $795. Elora Gardens Lynchburg in the Tate Springs neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $854. Here is today’s list of the most affordable Madison Heights apartments for rent:

Apartment ListingModel NameBed/BathPriced From
11 West Princeton Circle1BR/1.0BA1BR,1BA$795
Elora Gardens Lynchburg1 Bedroom1BR,1BA$854
The Lexington Apartments2 Beds, 1 bath2BR,1BA$905
1701 12th Street1701 12th Street - 405Studio,1BA$925
Church Street Townhomes2 Bedroom, 1 Bathroom2BR,1BA$995

Best Value Apartments for Rent in Madison Heights, VA

As of August 19, 2026 the best value apartment in the Madison Heights area is the $1.22 price per square foot 3 Bed/2 Bath Type 1 Model at Town Center Apartments in the starting from $1,650. The second greatest value Madison Heights apartment is the 1016 Jefferson St Model at 1016 Jefferson St, Unit #4 starting at $1,650 with a $1.42 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.
Town Center Apartments3 Bed/2 Bath Type 13BR,2BA$1.22
1016 Jefferson St, Unit #41016 Jefferson St2BR,2BA$1.42
1504 Pierce St1504 Pierce St2BR,1BA$1.50
River Lofts West2BR/2.0BA2BR,2BA$1.67
The WayneRiverview 2nd Floor 1BR1BR,1BA$1.59
The Lexington Apartments2 Beds, 1 bath2BR,1BA$1.08
Church Street Townhomes2 Bedroom, 1 Bathroom2BR,1BA$1.33
The Humbles Building2BR/2.0BA2BR,2BA$1.89
1701 12th Street1701 12th Street - 405Studio ,1BA$1.45
12th & Court Lofts1st Floor StudioStudio ,1BA$1.83

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.

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

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Frequently Asked Questions about Madison Heights

What type of rentals are currently available in Madison Heights?

There are currently 109 Apartments for Rent in Madison Heights, VA with pricing that ranges from $650 to $2,300. There are also 61 Single Family Homes for rent, Condos, and Townhome rentals currently available in Madison Heights ranging from $585 to $3,300.

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 $585 to $3,300 with an average monthly rent of $1,464.

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

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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

decorative image for Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags   article

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

decorative image for First Apartment Regrets: Real Renters Share What They'd Do Differently article

First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.