
Cheap Apartments for Rent in Martinsville, VA from $500 (28 Rentals)
Search the lowest-cost Apartments available for rent right now in Martinsville.


45 Infinity Dr

917 Askin St

1136 Rives Rd

Maplewood Apartments

1101 Mountain Rd

Fayette Street Lofts
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.

74 Halifax Dr

808 D St

1991 Stultz Rd

705 4th St

1300 Spruce St

Dillard School

Fieldale Apartments
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.

Lakemont Apartment Homes

Northpointe

Village 1373

North Lakes

Terrace at Olde Battleground

128 David Dr

41 Meadow Green Rd
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.

125 David Dr

55 Woodcott Rd

Ray Commons

602 Henry St

85 Wilson St

119 Joyce Ct

205 Nolens Hill Rd
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

How much does it cost to rent an apartment in Martinsville?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cheap Martinsville Studio Apartments | $825 | $825 | $825 |
| Cheap Martinsville 1 Bedroom Apartments | $1,289 | $533 | $1,985 |
| Cheap Martinsville 2 Bedroom Apartments | $1,510 | $900 | $1,995 |
| Cheap Martinsville 3 Bedroom Apartments | $1,670 | $995 | $2,395 |
Browse Top Apartments in Martinsville
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Martinsville, VA Local Guide
- Martinsville Neighborhoods
- Nearby Cities
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- Local Counties
Cheapest Neighborhoods for Apartments in Martinsville, VA
Pricing Updated: 01/08/2026Current apartment rentals in the Martinsville, VA area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for Martinsville Apartments for rent:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| Upper Martinsville | $1,800 | $1,800 | 1 |
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 $533. Fieldale Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $795. Here is today’s list of the most affordable Martinsville apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Dillard School | 1 Bed, 1 bath | 1BR,1BA | $533 |
| Fieldale Apartments | 1 Bedroom | 1BR,1BA | $795 |
| Village 1373 | A1 Classic | 1BR,1BA | $885 |
| North Lakes | 1 Bedroom 1 Bathroom | 1BR,1BA | $895 |
| Fayette Street Lofts | Flat | 1BR,1BA | $895 |
| Terrace at Olde Battleground | The Revolution | 1BR,1BA | $899 |
| Lakemont Apartment Homes | Hampton | 1BR,1BA | $919 |
| Ridge View | 2/1.5 50% AMI | 2BR,1BA | $926 |
| HAMPTONS AT COUNTRY PARK | 1BR 1BA | 1BR,1BA | $927 |
| Woodland Heights Apartments | 1BR, 1BA | 1BR,1BA | $950 |
Best Value Apartments for Rent in Martinsville, VA
As of January 09, 2026 the best value apartment in the Martinsville area is the $1.12 price per square foot 3 Bed 2 Bath Model at Summit View in the in the Spicewood neighborhood starting from $1,290. The second greatest value Martinsville apartment is the 2BRx2BA w/SRM Model at Woodland Heights Apartments starting at $1,175 with a $1.03 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. |
|---|---|---|---|
| Summit View | 3 Bed 2 Bath | 3BR,2BA | $1.12 |
| Woodland Heights Apartments | 2BRx2BA w/SRM | 2BR,2BA | $1.03 |
| Blackthorn Apartments of Greensboro | 2 Bedrooms- PROMOTION! | 2BR,2BA | $1.18 |
| Ridge View | 2/1.5 50% AMI | 2BR,1.5BA | $0.88 |
| Oakmont Apartments | Downstairs 2 Bed/1.5 Bath | 2BR,1.5BA | $1.07 |
| Fieldale Apartments | 1 Bedroom | 1BR,1BA | $0.88 |
| Fayette Street Lofts | Flat | 1BR,1BA | $1.03 |
| Landon Creek Apartments | One Bed, One Bath | 1BR,1BA | $1.34 |
| Huntsview Apartments | The Meadow | 1BR,1BA | $1.39 |
| Dillard School | 1 Bed, 1 bath | 1BR,1BA | $0.79 |
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 ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash 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.
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.
Best Local Schools in Martinsville, VA
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Martinsville, VA Rentals by Map
See the most popular apartments and homes in Martinsville, VA
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 $533 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 $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 Woodland Heights Apartments and starts from $1,100.
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 Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!