Cheap Homes for Rent in Madison Heights, VA from $600 (23 Rentals)

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

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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

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Madison Heights, VA Local Guide

Cheapest Available Madison Heights Apartments for Rent and Nearby

 

The cheapest available apartment rental in Madison Heights, VA is a 2 Beds unit found at Elora Gardens Lynchburg in the Tate Springs neighborhood priced from $830. Imperial Tobacco Lofts in the College Hill neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $850. Here is today’s list of the most affordable Madison Heights apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Elora Gardens Lynchburg2 Bedroom2BR,1BA$830
Imperial Tobacco Lofts1BR/1.0BA1BR,1BA$850
Garland Rodes ApartmentsStudioStudio,1BA$899
The Westie in Madison Heights1 BR1BR,1BA$935
Princeton Circle West ApartmentsColonial2BR,1BA$950

Best Value Apartments for Rent in Madison Heights, VA and Nearby

As of September 19, 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 405 Harrison St Model at 405 Harrison St, Unit 2 starting at $1,650 with a $1.11 price per square foot in the Tate Springs 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
405 Harrison St, Unit 2405 Harrison St3BR,2BA$1.11
1025 Church St3x23BR,2BA$1.04
Town Center Apartments3 Bed/2 Bath Type 13BR,2BA$1.25
Gish Flats1x11BR,1BA$0.92
Princeton Circle West ApartmentsColonial2BR,1BA$0.97
The WayneCourtyard1BR,1BA$1.45
The Westie in Madison Heights2 BR2BR,2BA$1.45
Elora Gardens Lynchburg2 Bedroom2BR,1.5BA$1.32
Imperial Tobacco Lofts1BR/1.0BA1BR,1BA$1.40

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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 97 Apartments for Rent in Madison Heights, VA with pricing that ranges from $450 to $3,502. There are also 52 Single Family Homes for rent, Condos, and Townhome rentals currently available in Madison Heights ranging from $600 to $2,850.

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 $600 to $2,850 with an average monthly rent of $1,160.

How much are larger Three and Four Bedroom Rentals in Madison Heights?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Madison Heights range from $995 to $2,195, while Three Bedroom Homes, Condos, and Townhomes for rent range from $895 to $2,850. Four Bedroom Single-Family rentals are also available starting from $1,350 and Four Bedroom Apartments start at $1,650.

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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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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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.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

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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.