Cheap Homes for Rent in Madison Heights, VA from $400 (8 Rentals)

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Search the lowest-cost Homes 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.

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

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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. Midtown Lofts in the Montview neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $895. 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
Midtown Lofts1 Bed 1 Bath1BR,1BA$895
The Westie in Madison Heights1 BR1BR,1BA$935

Best Value Apartments for Rent in Madison Heights, VA

As of July 24, 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
The WayneCourtyard1BR,1BA$1.45
Midtown Lofts1 Bed 1 Bath1BR,1BA$1.19
Palmera House ApartmentsPalmera House Apts1BR,1BA$1.47
The Westie in Madison Heights1 BR1BR,1BA$1.68
Elora Gardens Lynchburg1 Bedroom1BR,1BA$1.64

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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 $595 to $3,200. There are also 33 Single Family Homes for rent, Condos, and Townhome rentals currently available in Madison Heights ranging from $490 to $2,700.

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 $490 to $2,700 with an average monthly rent of $1,311.

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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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.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.