
Cheap Apartments for Rent in Martinsville, VA from $500 (18 Rentals)
Search the lowest-cost Apartments available for rent right now in Martinsville.


700 Barrows Mill Rd
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.

Fieldale Apartments

Lakemont Apartment Homes

Northpointe

North Lakes Apartments

128 David Dr

125 David Dr

86 Cooks Park Dr
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.

204 Epps St
The 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.

1156 Smith Rd

7734 US-29

1421 Claiborne St
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 | $1,317 | $533 | $1,690 |
Martinsville 2 Bedroom Apartments | $1,584 | $950 | $2,005 |
Martinsville 3 Bedroom Apartments | $1,655 | $1,150 | $2,395 |
Martinsville 4 Bedroom Apartments | $1,600 | $1,600 | $1,600 |
Browse Top Apartments in Martinsville
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Martinsville, VA Local Guide
- Martinsville Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
Cheapest Neighborhoods for Apartments in Martinsville, VA
Pricing Updated: 09/14/2025Current 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 | $1,284 | $921 | 6 |
Cheapest Available Martinsville Apartments for Rent and Nearby
 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 |
School Drive Apartments | One Bedroom | 1BR,1BA | $921 |
Lakemont Apartment Homes | Hampton | 1BR,1BA | $949 |
Chatham Lofts | One Bedroom Flat | 1BR,1BA | $975 |
Best Value Apartments for Rent in Martinsville, VA and Nearby
As of September 15, 2025 the best value apartment in the Martinsville area is the $1.00 price per square foot 3/2 60% AMI Model at Ridge View in the in the Upper Martinsville neighborhood starting from $1,284. The second greatest value Martinsville apartment is the 3BR , 2BA Model at Woodland Heights Apartments starting at $1,375 with a $1.20 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. |
---|---|---|---|
Ridge View | 3/2 60% AMI | 3BR,2BA | $1.00 |
Woodland Heights Apartments | 3BR , 2BA | 3BR,2BA | $1.20 |
North Lakes Apartments | 3 bedroom 2 bathroom | 3BR,2BA | $1.24 |
Dan River Crossing | DRC - 1 | 1BR,1BA | $1.05 |
Kensington Place | Magnolia | 2BR,2BA | $1.16 |
Terrace Oaks & Olde Battleground | The Lindley | 2BR,2BA | $1.19 |
Oakmont Apartments | Downstairs 2 Bed/1.5 Bath | 2BR,1.5BA | $1.12 |
Summit View | 2 Bed 2 Bath | 2BR,2BA | $1.16 |
Fieldale Apartments | 1 Bedroom | 1BR,1BA | $0.88 |
Dillard School | 1 Bed, 1 bath | 1BR,1BA | $0.67 |
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Best Local Schools in Martinsville, VA
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
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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
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Martinsville Apartments
What is the price of a cheap apartment in Martinsville?
The cheapest apartment in Martinsville is Dillard School which is listed at $533, while the average apartment in Martinsville costs $1,284.
What types of apartments are the cheapest in Martinsville?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 1 regular apartments in Martinsville that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Martinsville?
Cheap apartments in Martinsville have an average cost of $1,284 which is $0 cheaper than the average rent for all rentals in Martinsville.
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.

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Written by: Christine Leonard, Esq.
Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.