Cheap Apartments for Rent in Martinsville, VA from $500 (22 Rentals)

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Maplewood Apartments
1 to 3 Bedroom Apartments

Maplewood Apartments

1446 Fayette StMartinsville, VA 24112
  • Utilities Included

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.

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Ray Commons
Studio to 2 Bedroom Apartments

Ray Commons

625 Washington StEden, NC 27288
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602 Henry St
Studio to 2 Bedroom Apartments

602 Henry St

602 Henry StEden, NC 27288
property at 7734 US-29

7734 US-29

Browns SummitNC27214

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

Martinsville, VA Local Guide

Cheapest Available Martinsville Apartments for Rent and Nearby

 

The cheapest available apartment rental in Martinsville, VA is a 1 Bed unit found at Fieldale Apartments priced from $795. School Drive Apartments in the Upper Martinsville neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $921. Here is today’s list of the most affordable Martinsville apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Fieldale Apartments1 Bedroom1BR,1BA$795
School Drive ApartmentsOne Bedroom1BR,1BA$921
Ridge View2/1.5 50% AMI2BR,1BA$926
Village 1373A1 Upgraded1BR,1BA$930
The Hedges Apartments1x1 F1BR,1BA$950

Best Value Apartments for Rent in Martinsville, VA and Nearby

As of June 29, 2025 the best value apartment in the Martinsville area is the $1.00 price per square foot The Cardinal Model at Terrace at Olde Battleground in the in the Dellwood Park neighborhood starting from $1,705. The second greatest value Martinsville apartment is the DRC 2/1 reg Model at Dan River Crossing starting at $1,400 with a $1.08 price per square foot . 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.
Terrace at Olde BattlegroundThe Cardinal3BR,2.5BA$1.00
Dan River CrossingDRC 2/1 reg2BR,1BA$1.08
Ridge View3/2 60% AMI3BR,2BA$1.00
Woodland Heights Apartments3BR , 2BA3BR,2BA$1.18
North Lakes Apartments3 bedroom 2 bathroom3BR,2BA$1.24
Terrace Oaks & Olde BattlegroundThe O.Henry2BR,2BA$1.13
Oakmont ApartmentsDownstairs 2 Bed/1.5 Bath2BR,1.5BA$1.12
Summit View2 Bed 2 Bath2BR,2BA$1.11
Fieldale Apartments1 Bedroom1BR,1BA$0.88
Blackthorn Apartments of Greensboro1 Bedroom - PROMOTION!1BR,1BA$1.31

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

Explore Martinsville, VA Rentals by Map

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Getting Around Martinsville, VA

Walk Score®

31 / 100

Car-Dependent

Most errands require a car

Bike Score®

22 / 100

Somewhat Bikeable

Minimal bike infrastructure

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 $795 at Fieldale 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 $926 at Ridge View.

What is the most affordable Martinsville Three Bedroom Apartment?

The best deal on a cheap Martinsville Three Bedroom Apartment rental is at Summit View and starts from $1,265.

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.