
Cheap Apartments for Rent in Martinsville, VA from $500 (21 Rentals)
Search the lowest-cost Apartments available for rent right now in Martinsville.


832 Smith St

167 Laurel Gate Cir

Fieldale Apartments
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Lakemont Apartment Homes

North Lakes Apartments

128 David Dr

41 Meadow Green Rd

902 Fern St

125 David Dr

120 David Dr
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.

45 Woodcott Rd

5836 Franklin St

7734 US-29

114 Lombardy Ct

7045 Virgil H Goode Hwy

433 Virgil H Goode Hwy
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
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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 | $1,398 | $590 | $4,015 |
Martinsville 2 Bedroom Apartments | $1,632 | $926 | $4,663 |
Martinsville 3 Bedroom Apartments | $1,830 | $1,150 | $4,646 |
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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: 07/31/2025Current 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 | $926 | 8 |
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. Northpointe has the second lowest priced unit, which is a 2 Beds apartment currently listed from $950. 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 |
Northpointe | 2 | 2BR,1BA | $950 |
Chatham Lofts | One Bedroom Flat | 1BR,1BA | $975 |
Chief Tassel | One Bed - Unfurnished | 1BR,1BA | $995 |
Lakemont Apartment Homes | Hampton | 1BR,1BA | $995 |
Best Value Apartments for Rent in Martinsville, VA and Nearby
As of July 31, 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 C1 Classic Model at Rise Bridgeview starting at $1,589 with a $1.24 price per square foot in the Forest Valley 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 | 3/2 60% AMI | 3BR,2BA | $1.00 |
Rise Bridgeview | C1 Classic | 3BR,2BA | $1.24 |
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 |
Oakmont Apartments | Downstairs 2 Bed/1.5 Bath | 2BR,1.5BA | $1.12 |
Fieldale Apartments | 1 Bedroom | 1BR,1BA | $0.88 |
Dan River Falls | A2 | 1BR,1BA | $1.49 |
Northpointe | 2 upgrade | 2BR,1.5BA | $1.14 |
Blackthorn Apartments of Greensboro | 1 Bedroom - PROMOTION! | 1BR,1BA | $1.31 |
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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 Fieldale Apartments which is listed at $795, 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 2 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 $856 which is $428 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 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.

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.