
Cheap Apartments for Rent in Martinsville, VA from $700 (55 Rentals)
Search the lowest-cost Apartments available for rent right now in Martinsville.


117 Park St

917 Askin St

Total Monthly Price
Chief Tassel

Meadow Run

1431 Spruce St Ext, Unit 10

ONE Ellsworth

Maplewood Apartments

45 Infinity Dr

Fayette Street Lofts
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.

305 Granville St

5200 Snow Creek Rd

1142 Sylvan Ave

Spruce Village Apartments

1312 Laurel Ln

315 Spring Dr

Dillard School

Total Monthly Price
156 Idlewild Dr

34 Magnolia St

12 Black Feather Trail
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.

74-78 Halifax Dr

Lakemont Apartment Homes

HAMPTONS AT COUNTRY PARK

Beechwood Apartments

Total Monthly Price
Village 1373

School Drive Apartments

North Lakes

Blackthorn Apartments of Greensboro

The Hedges Apartment Homes

Terrace Oaks
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.

Northpointe

Oakmont Apartments

Chatham Lofts

Summit View

Woodland Heights Apartments

Dan River Crossing

River District Lofts

100 Marshall Way

Ray Commons

55 Woodcott Rd
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.

Hill Court Apartments

433 Virgil H Goode Hwy

57 Sunrise Rd

Rise Bridgeview

2785 NC-14

615 Dumaine St

125 David Dr

967 Frye Rd

301 N 7th Ave

207 Gatewood Ave
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

How much does it cost to rent an apartment in Martinsville?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cheap Martinsville Studio Apartments | $762 | $700 | $825 |
| Cheap Martinsville 1 Bedroom Apartments | $1,310 | $736 | $1,595 |
| Cheap Martinsville 2 Bedroom Apartments | $1,540 | $725 | $1,990 |
| Cheap Martinsville 3 Bedroom Apartments | $1,773 | $1,150 | $2,280 |
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: 09/05/2026Current 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:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| Upper Martinsville | $1,017 | $921 | 27 |
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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Dillard School | 1 Bed, 1 bath | 1BR,1BA | $736 |
| Beechwood Apartments | Windsor | 1BR,1BA | $899 |
| School Drive Apartments | One Bedroom | 1BR,1BA | $921 |
| Chief Tassel | One Bed - Unfurnished | 1BR,1BA | $945 |
| North Lakes | 1 Bedroom 1 Bathroom | 1BR,1BA | $950 |
| Lakemont Apartment Homes | Hampton | 1BR,1BA | $979 |
| Blackthorn Apartments of Greensboro | 1 Bedroom | 1BR,1BA | $995 |
| The Hedges Apartment Homes | 1BR - 1BTH | 1BR,1BA | $999 |
| ONE Ellsworth | 1BR/1.0BA | 1BR,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Ridge View Apartments | 3/2 50% AMI | 3BR,2BA | $0.90 |
| Summit View | 3 Bed 2 Bath | 3BR,2BA | $1.12 |
| Rise Bridgeview | B2 Bronze | 2BR,2BA | $1.25 |
| Blackthorn Apartments of Greensboro | 2 Bedrooms | 2BR,2BA | $1.18 |
| Kensington Place | Magnolia | 2BR,2BA | $1.19 |
| Oakmont Apartments | Downstairs 2 Bed/1.5 Bath | 2BR,1.5BA | $1.07 |
| Dan River Crossing | DRC - 1 | 1BR,1BA | $1.16 |
| Village 1373 | B2 Partial Renovated | 2BR,2BA | $1.25 |
| 156 Idlewild Dr | 156 Idlewild Dr | 2BR,1BA | $1.13 |
| Dillard School | 1 Bed, 1 bath | 1BR,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.
Read ArticleNavigating 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.
Read ArticleReal 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.
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
Martinsville Middle School
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 $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

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.

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.

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.

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.