
Cheap Homes for Rent in Martinsville, VA from $600 (18 Rentals)
Search the lowest-cost Homes available for rent right now in Martinsville.


6 Circle Dr

10 Circle Dr

8 Circle Dr

705 4th St

205 Nolens Hill 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.

1789 Stultz Rd

6175 Virgil H Goode Hwy

227 Wingfield St

7 Chestnut St

615 Dumaine St

1202 Bethel Ln, Unit 1
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.

614 Clift St

483 Virgil H Goode Hwy

835 Glendale Ave

2280 Oak Level Rd

1140 Sylvan Ave

704A Irving Ave
Cash 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.
Martinsville, VA Local Guide

How much does it cost to rent a home in Martinsville?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Martinsville 2 Bedroom Homes for Rent | $1,002 | $700 | $1,800 |
| Martinsville 3 Bedroom Homes for Rent | $1,397 | $950 | $2,100 |
| Martinsville 4 Bedroom Homes for Rent | $2,000 | $1,500 | $2,500 |
| Martinsville 5 Bedroom Homes for Rent | $3,000 | $3,000 | $3,000 |
Browse Top Homes for Rent in Martinsville
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Martinsville, VA Local Guide
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Cheapest Neighborhoods for Apartments in Martinsville, VA
Pricing Updated: 05/16/2026Current 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 | $1,327 | $900 | 14 |
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 $533. 100 Marshall Way 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 |
| 100 Marshall Way | 1 Bedroom | 1BR,1BA | $795 |
| North Lakes | 1 Bedroom 1 Bathroom | 1BR,1BA | $895 |
| Meadow Run | 2 Bed 1.5 Bath | 2BR,1BA | $900 |
| HAMPTONS AT COUNTRY PARK | 1x1 Blackfin | 1BR,1BA | $921 |
Best Value Apartments for Rent in Martinsville, VA
As of May 16, 2026 the best value apartment in the Martinsville area is the $1.37 price per square foot F4 Model at Dan River Falls in the starting from $1,775. The second greatest value Martinsville apartment is the 2BR/2.0BA Model at Dan River Crossing starting at $1,650 with a $1.28 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. |
|---|---|---|---|
| Dan River Falls | F4 | 2BR,1BA | $1.37 |
| Dan River Crossing | 2BR/2.0BA | 2BR,2BA | $1.28 |
| Meadow Run | 2 Bed 1.5 Bath | 2BR,1.5BA | $0.75 |
| 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 |
| Oakmont Apartments | Downstairs 2 Bed/1.5 Bath | 2BR,1.5BA | $1.07 |
| 100 Marshall Way | 1 Bedroom | 1BR,1BA | $0.88 |
| Terrace Oaks | The Guilford | 1BR,1BA | $1.39 |
| 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 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
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 Martinsville
What type of rentals are currently available in Martinsville?
There are currently 82 Apartments for Rent in Martinsville, VA with pricing that ranges from $533 to $2,345. There are also 44 Single Family Homes for rent, Condos, and Townhome rentals currently available in Martinsville ranging from $650 to $3,000.
What is the current price range for Rental Homes in Martinsville?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Martinsville ranges from $650 to $3,000 with an average monthly rent of $1,549.
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

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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.