Cheap Apartments for Rent in Martinsville, VA from $700 (55 Rentals)

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Search the lowest-cost Apartments available for rent right now in Martinsville.

property at 831 Liberty St
$700

Total Monthly Price

Base Rent$700

Total Monthly Price$700
Studio Rentals
Available Now

831 Liberty St

MartinsvilleVA24112
property at 117 Park St
$750

Total Monthly Price

Base Rent$750

Total Monthly Price$750
2 Bedroom, 1 Bath Home for Rent
Available Sep 18

117 Park St

MartinsvilleVA24112
property at 917 Askin St
$760

Total Monthly Price

Base Rent$760

Total Monthly Price$760
1 Bedroom, 1 Bath Home for Rent
Available Now

917 Askin St

MartinsvilleVA24112
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Chief Tassel
Rent Specials
$945 - $995

Total Monthly Price

Base Rent$945 - $995

Total Monthly PriceVaries
1 Bedroom Apartments Available Now

Chief Tassel

51 E Church StMartinsville, VA 24112
Furnished
  • Verified
  • Utilities Included
  • 3D Tour
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Maplewood Apartments
1 to 3 Bedroom Apartments

Maplewood Apartments

1446 Fayette StMartinsville, VA 24112
  • Utilities Included
property at 45 Infinity Dr
$750

Total Monthly Price

Base Rent$750

Total Monthly Price$750
1 Bedroom Rentals
Available Now

45 Infinity Dr

MartinsvilleVA24112
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Fayette Street Lofts
1 Bedroom Apartments

Fayette Street Lofts

62 Fayette StreetMartinsville, VA 24112
Corporate Housing

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 305 Granville St
$975

Total Monthly Price

Base Rent$975

Total Monthly Price$975
2 Bedroom, 2 Bath Home for Rent
Available Now

305 Granville St

MartinsvilleVA24112
property at 5200 Snow Creek Rd
$1,000

Total Monthly Price

Base Rent$1,000

Total Monthly Price$1,000
12 Month Lease Term
2 Bedroom, 1.5 Bath Home for Rent
Available Now

5200 Snow Creek Rd

MartinsvilleVA24112
property at 1142 Sylvan Ave
$1,000

Total Monthly Price

Base Rent$1,000

Total Monthly Price$1,000
2 Bedroom, 1 Bath Home for Rent
Available Now

1142 Sylvan Ave

MartinsvilleVA24112
property at 1312 Laurel Ln
$1,095

Total Monthly Price

Base Rent$1,095

Total Monthly Price$1,095
12 Month Lease Term
3 Bedroom, 2 Bath Home for Rent
Available Now

1312 Laurel Ln

MartinsvilleVA24112
property at 315 Spring Dr
$725

Total Monthly Price

Base Rent$725

Total Monthly Price$725
12 Month Lease Term
2 Bedroom, 1 Bath Home for Rent
Available Now

315 Spring Dr

CollinsvilleVA24078
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156 Idlewild Dr
$750 - $790

Total Monthly Price

Base Rent$750 - $790

Total Monthly Price$750 - $790
12 Month Lease Term
2 Bedroom Apartment Available Now

156 Idlewild Dr

156 Idlewild DrFieldale, VA 24089
  • Smoke Free
property at 34 Magnolia St
$790

Total Monthly Price

Base Rent$790

Total Monthly Price$790
1 Bedroom, 1 Bath Home for Rent
Available Now

34 Magnolia St

RidgewayVA24148
property at 12 Black Feather Trail
$795

Total Monthly Price

Base Rent$795

Total Monthly Price$795
12 Month Lease Term
1 Bedroom, 1 Bath Home for Rent
Available Now

12 Black Feather Trail

RidgewayVA24148

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.

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Village 1373
Rent Specials
$915 - $1,671

Total Monthly Price

Base Rent$915 - $1,671

Total Monthly PriceVaries
1 to 3 Bedroom Apartments Available Now

Village 1373

1373 Lees Chapel RdGreensboro, NC 27455
Affordability
  • Verified
  • Customer Reviewed
  • 3D Tour

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.

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100 Marshall Way
1 to 2 Bedroom Apartments

100 Marshall Way

100 Marshall WayFieldale, VA 24089
  • Utilities Included
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Ray Commons
Studio to 2 Bedroom Apartments

Ray Commons

625 Washington StEden, NC 27288
property at 55 Woodcott Rd
$800

Total Monthly Price

Base Rent$800

Total Monthly Price$800
12 Month Lease Term
2 Bedroom, 1.5 Bath Townhome for Rent
Available Now

55 Woodcott Rd

FerrumVA24088

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.

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Hill Court Apartments
1 to 3 Bedroom Apartments

Hill Court Apartments

142 Colonial DrCollinsville, VA 24078
Senior Living
  • Utilities Included
property at 57 Sunrise Rd
$900

Total Monthly Price

Base Rent$900

Total Monthly Price$900
2 Bedroom, 1 Bath Home for Rent
Available Now

57 Sunrise Rd

Rocky MountVA24151
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Rise Bridgeview
1 to 3 Bedroom Apartments

Rise Bridgeview

3520 Drawbridge PkyGreensboro, NC 27410
Corporate Housing
property at 207 Gatewood Ave
$1,000

Total Monthly Price

Base Rent$1,000

Total Monthly Price$1,000
12 Month Lease Term
2 Bedroom, 1 Bath Home for Rent
Available Now

207 Gatewood Ave

DanvilleVA24541

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.

Martinsville, VA Local Guide

Cheapest Neighborhoods for Apartments in Martinsville, VA

Pricing Updated: 09/05/2026

Current apartment rentals in the Martinsville, VA area range in price from $921 to $1,160 with an overall median price of $1,017. Here is today’s list neighborhoods with the lowest median pricing for Martinsville Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Upper Martinsville$1,017$92127

Cheapest Available Martinsville Apartments for Rent

 

The cheapest available apartment rental in Martinsville, VA is a 1 Bed unit found at Dillard School priced from $736. Beechwood Apartments in the New Irving Park neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $899. Here is today’s list of the most affordable Martinsville apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Dillard School1 Bed, 1 bath1BR,1BA$736
Beechwood ApartmentsWindsor1BR,1BA$899
School Drive ApartmentsOne Bedroom1BR,1BA$921
Chief TasselOne Bed - Unfurnished1BR,1BA$945
North Lakes1 Bedroom 1 Bathroom1BR,1BA$950
Lakemont Apartment HomesHampton1BR,1BA$979
Blackthorn Apartments of Greensboro1 Bedroom1BR,1BA$995
The Hedges Apartment Homes1BR - 1BTH1BR,1BA$999
ONE Ellsworth1BR/1.0BA1BR,1BA$1,000

Best Value Apartments for Rent in Martinsville, VA

As of September 05, 2026 the best value apartment in the Martinsville area is the $0.90 price per square foot 3/2 50% AMI Model at Ridge View Apartments in the in the Upper Martinsville neighborhood starting from $1,150. The second greatest value Martinsville apartment is the 3 Bed 2 Bath Model at Summit View starting at $1,290 with a $1.12 price per square foot in the Spicewood neighborhood. Here is today’s list of the best values for Martinsville apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Ridge View Apartments3/2 50% AMI3BR,2BA$0.90
Summit View3 Bed 2 Bath3BR,2BA$1.12
Rise BridgeviewB2 Bronze2BR,2BA$1.25
Blackthorn Apartments of Greensboro2 Bedrooms2BR,2BA$1.18
Kensington PlaceMagnolia2BR,2BA$1.19
Oakmont ApartmentsDownstairs 2 Bed/1.5 Bath2BR,1.5BA$1.07
Dan River CrossingDRC - 11BR,1BA$1.16
Village 1373B2 Partial Renovated2BR,2BA$1.25
156 Idlewild Dr156 Idlewild Dr2BR,1BA$1.13
Dillard School1 Bed, 1 bath1BR,1BA$1.09

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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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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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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Quick 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.

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

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Frequently Asked Questions about Cheap Martinsville Apartments

How much is rent for a Cheap One Bedroom Martinsville Apartment?

The lowest price for a Cheap One Bedroom Martinsville Apartment is $736 at Dillard School.

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 $1,042 at Village 1373.

What is the most affordable Martinsville Three Bedroom Apartment?

The best deal on a cheap Martinsville Three Bedroom Apartment rental is at Ridge View Apartments and starts from $1,150.

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.

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Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

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.