
Cheap Apartments for Rent in Martinsville, VA from $300 (7 Rentals)
Search the lowest-cost Apartments available for rent right now in Martinsville.


6 Circle Dr

10 Circle Dr
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.

8 Circle Dr

1101 Mountain Rd

Terrace at Olde Battleground
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.

Dillard School
Martinsville, VA Local Guide

How much does it cost to rent an apartment in Martinsville?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Martinsville Studio Apartments | $825 | $825 | $825 |
| Martinsville 1 Bedroom Apartments | $1,276 | $494 | $2,020 |
| Martinsville 2 Bedroom Apartments | $1,435 | $309 | $1,955 |
| Martinsville 3 Bedroom Apartments | $1,599 | $509 | $2,515 |
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Martinsville, VA Local Guide
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Cheapest Neighborhoods for Apartments in Martinsville, VA
Pricing Updated: 03/08/2026Current 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 | $1,159 | $850 | 10 |
Cheapest Available Martinsville Apartments for Rent and Nearby
 The cheapest available apartment rental in Martinsville, VA is a 2 Beds unit found at Terrace at Olde Battleground in the Dellwood Park neighborhood priced from $119. Dillard School has the second lowest priced unit, which is a 1 Bed apartment currently listed from $533. Here is today’s list of the most affordable Martinsville apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Terrace at Olde Battleground | 2 Beds | 1.5 Bath | 2BR,1BA | $119 |
| Dillard School | 1 Bed, 1 bath | 1BR,1BA | $533 |
| Fieldale Apartments | 1 Bedroom | 1BR,1BA | $795 |
Best Value Apartments for Rent in Martinsville, VA and Nearby
As of March 08, 2026 the best value apartment in the Martinsville area is the $1.28 price per square foot 2BR/2.0BA Model at Dan River Crossing in the starting from $1,650. The second greatest value Martinsville apartment is the 2 Bed 1.5 Bath Model at Meadow Run starting at $850 with a $0.71 price per square foot in the Upper Martinsville neighborhood. 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. |
|---|---|---|---|
| Dan River Crossing | 2BR/2.0BA | 2BR,2BA | $1.28 |
| Meadow Run | 2 Bed 1.5 Bath | 2BR,1.5BA | $0.71 |
| Terrace at Olde Battleground | The Greensboro | 2BR,2.5BA | $1.28 |
| Summit View | 3 Bed 2 Bath | 3BR,2BA | $1.12 |
| Rise Bridgeview | B2 Bronze | 2BR,2BA | $1.25 |
| Oakmont Apartments | Downstairs 2 Bed/1.5 Bath | 2BR,1.5BA | $1.07 |
| Landon Creek Apartments | One Bed, One Bath | 1BR,1BA | $1.34 |
| Fieldale Apartments | 1 Bedroom | 1BR,1BA | $0.88 |
| Blackthorn Apartments of Greensboro | 1 Bedroom - PROMOTION! | 1BR,1BA | $1.19 |
| 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 $494 at Terrace at Olde Battleground.
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 $119 at Terrace at Olde Battleground.
What is the most affordable Martinsville Three Bedroom Apartment?
The best deal on a cheap Martinsville Three Bedroom Apartment rental is at Terrace at Olde Battleground and starts from $509.
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

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.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

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.