
Cheap Apartments for Rent in Martinsville, MO from $400 (43 Rentals)
Search the lowest-cost Apartments available for rent right now in Martinsville.


Historic Winterset High School Apartments 55+

Tarkio Village Apartments

Mitchell Park Plaza Apartment

Forest Cove

Summit House Apartments

Country Club Estates

Corby Grove Apartments
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.

University Point

HL29 Modern Flats

Timber Creek Apartments

American Electric Lofts

Cottonwood Creek

Woodland Park - Fontanelle

Brittany Village

Northern Plains by Kading
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.

Park Avenue Apartments

1002 E Pearl Ct

Woodland Trace

Riverfront Apartments -

Brandywine

510 E Lake St

702 W Nelson St

Oak Hill
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

610 S 7th St

Maryville Meadows

303 W Lowell Ave

CityView Lofts

Clarinda West Apartments

Red Oak 48-Unit (City View Apartments)

830 Warsaw Ave

Woodland Park - Red Oak
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.

1833 Curtis Ave

Summit Place

The Bridges

Woodland Park - Griswold

105 W Summit St

906 Pawnee St

2807 Pembroke Ln

507 Henrie Ave
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.

Frederick Apartments

2211 Locust St

703 Skyline Dr
Martinsville, MO Local Guide

How much does it cost to rent an apartment in Martinsville?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Martinsville Studio Apartments | $712 | $575 | $1,035 |
| Martinsville 1 Bedroom Apartments | $863 | $540 | $1,720 |
| Martinsville 2 Bedroom Apartments | $959 | $640 | $1,865 |
| Martinsville 3 Bedroom Apartments | $1,072 | $800 | $2,100 |
| Martinsville 4 Bedroom Apartments | $1,150 | $1,150 | $1,150 |
Browse Top Apartments in Martinsville
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Martinsville, MO Local Guide
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Cheapest Available Martinsville Apartments for Rent and Nearby
 The cheapest available apartment rental in Martinsville, MO is a 1 Bed unit found at Parkway Village Apartments priced from $540. Tarkio Village Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $550. Here is today’s list of the most affordable Martinsville apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Parkway Village Apartments | One Bedroom | 1BR,1BA | $540 |
| Tarkio Village Apartments | 1BR/1.0BA | 1BR,1BA | $550 |
| Mitchell Park Plaza Apartment | S1 - Standard Studio (Pet-Free) | Studio,1BA | $578 |
| Red Oak 48-Unit (City View Apartments) | 1 Bedroom | 1BR,1BA | $695 |
| HL29 Modern Flats | Studio | Studio,1BA | $725 |
| University Point | VO 2X1 | 2BR,1BA | $725 |
| Summit House Apartments | 2 Bedroom 1 Bathroom | 2BR,1BA | $755 |
| Woodland Park - Fontanelle | 1 BR | 1BR,1BA | $775 |
| Brittany Village | 1 bd | 1BR,1BA | $790 |
| Northern Plains by Kading | Cottage - 2 | 2BR,1BA | $795 |
Best Value Apartments for Rent in Martinsville, MO and Nearby
As of May 23, 2026 the best value apartment in the Martinsville area is the $1.00 price per square foot Cottage - 3 Model at Vesta Village by Kading in the starting from $1,235. The second greatest value Martinsville apartment is the Craftsman Model at Osceola Heights starting at $1,295 with a $1.09 price per square foot . Here is today’s list of the best values for Martinsville apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Vesta Village by Kading | Cottage - 3 | 3BR,2BA | $1.00 |
| Osceola Heights | Craftsman | 3BR,2BA | $1.09 |
| Cottonwood Creek | Three Bedroom | 3BR,2BA | $0.92 |
| Forest Cove | 3 Bedroom, 1 Bath | 3BR,1BA | $0.78 |
| Country Club Estates | 3 Bedroom 2 Bathroom | 3BR,2BA | $0.93 |
| University Point | VO2X1R | 2BR,1BA | $0.96 |
| Northern Plains by Kading | Cottage - 2 | 2BR,1BA | $0.94 |
| Summit House Apartments | 2 Bedroom 1 Bathroom | 2BR,1BA | $0.95 |
| Parkway Village Apartments | Two Bedroom (updated) | 2BR,1BA | $0.99 |
| Red Oak 48-Unit (City View Apartments) | 1 Bedroom | 1BR,1BA | $1.22 |
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.
Read ArticleReal 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 ArticleQuick Rent Budget Calculator
How much rent can you afford?
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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Martinsville, MO Rentals by Map
See the most popular apartments and homes in Martinsville, MO
Frequently Asked Questions about Cheap Martinsville Apartments
What is the Cheapest Studio apartment in Martinsville?
Currently the most affordable Cheap Studio Apartment in Martinsville is at Mitchell Park Plaza Apartment listed at $578.
How much is rent for a Cheap One Bedroom Martinsville Apartment?
The lowest price for a Cheap One Bedroom Martinsville Apartment is $540 at Parkway Village Apartments.
What is the lowest price for a Cheap Two Bedroom Martinsville Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Martinsville is starting from $690 at Parkway Village Apartments.
What is the most affordable Martinsville Three Bedroom Apartment?
The best deal on a cheap Martinsville Three Bedroom Apartment rental is at Forest Cove and starts from $800.
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

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.

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.

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.

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.