
Cheap Apartments for Rent in Martinsville, VA from $500 (22 Rentals)
Search the lowest-cost Apartments available for rent right now in Martinsville.


35 Jonathan Wy

832 Smith St

116 Park St
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.

167 Laurel Gate Cir

50 Mason Ct

Fieldale Apartments

Lakemont Apartment Homes

North Lakes Apartments

128 David Dr

120 David Dr
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

5836 Franklin St

45 Woodcott Rd

55 Woodcott Rd

7734 US-29

92 Cooks Park Dr
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.

433 Virgil H Goode Hwy
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 | $1,377 | $550 | $1,847 |
Martinsville 2 Bedroom Apartments | $1,646 | $795 | $2,029 |
Martinsville 3 Bedroom Apartments | $1,791 | $1,150 | $2,500 |
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Martinsville, VA Local Guide
- Martinsville Neighborhoods
- Nearby Cities
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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 Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Fieldale Apartments | 1 Bedroom | 1BR,1BA | $795 |
School Drive Apartments | One Bedroom | 1BR,1BA | $921 |
Ridge View | 2/1.5 50% AMI | 2BR,1BA | $926 |
Village 1373 | A1 Upgraded | 1BR,1BA | $930 |
The Hedges Apartments | 1x1 F | 1BR,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Terrace at Olde Battleground | The Cardinal | 3BR,2.5BA | $1.00 |
Dan River Crossing | DRC 2/1 reg | 2BR,1BA | $1.08 |
Ridge View | 3/2 60% AMI | 3BR,2BA | $1.00 |
Woodland Heights Apartments | 3BR , 2BA | 3BR,2BA | $1.18 |
North Lakes Apartments | 3 bedroom 2 bathroom | 3BR,2BA | $1.24 |
Terrace Oaks & Olde Battleground | The O.Henry | 2BR,2BA | $1.13 |
Oakmont Apartments | Downstairs 2 Bed/1.5 Bath | 2BR,1.5BA | $1.12 |
Summit View | 2 Bed 2 Bath | 2BR,2BA | $1.11 |
Fieldale Apartments | 1 Bedroom | 1BR,1BA | $0.88 |
Blackthorn Apartments of Greensboro | 1 Bedroom - PROMOTION! | 1BR,1BA | $1.31 |
Quick Rent Budget Calculator
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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
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.

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.

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.

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.

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.