
Cheap Homes for Rent in Martinsville, VA from $500 (20 Rentals)
Search the lowest-cost Homes available for rent right now in Martinsville.


299 Scout Dr

841 Vista View Ln

704A Irving Ave

78 Cooks Park Dr

1431 Spruce St Ext
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.

809 Olympia St

2785 NC-14

305 Granville St

145 David Dr

207 Gatewood Ave

435 Lawrence St
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.

615 Dumaine St

863 Stokes St

1142 Sylvan Ave

101 N Ayersville Rd

301 N 7th Ave

2036 Cascade Mill Rd
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.

1086 Frye Rd

967 Frye Rd
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 | $1,102 | $900 | $1,500 |
| Martinsville 3 Bedroom Homes for Rent | $1,437 | $800 | $2,400 |
| Martinsville 4 Bedroom Homes for Rent | $1,249 | $1,249 | $1,249 |
| Martinsville 5 Bedroom Homes for Rent | $1,750 | $1,750 | $1,750 |
Browse Top Homes for Rent in Martinsville
Explore Martinsville
Martinsville, VA Local Guide
- Martinsville Neighborhoods
- Nearby Cities
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Cheapest Neighborhoods for Apartments in Martinsville, VA
Pricing Updated: 08/19/2026Current apartment rentals in the Martinsville, VA area range in price from $1,400 to $1,400 with an overall median price of $1,400. 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 | $1,400 | $1,400 | 1 |
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 $736. Hill Court Apartments has the second lowest priced unit, which is a 2 Beds apartment currently listed from $875. 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 |
| Hill Court Apartments | 2 Bed 1 Bath | 2BR,1BA | $875 |
| North Lakes | 1 Bedroom 1 Bathroom | 1BR,1BA | $895 |
| School Drive Apartments | One Bedroom | 1BR,1BA | $921 |
| Chief Tassel | One Bed - Unfurnished | 1BR,1BA | $945 |
Best Value Apartments for Rent in Martinsville, VA and Nearby
As of August 19, 2026 the best value apartment in the Martinsville area is the $1.08 price per square foot DRC 2/1 reg Model at Dan River Crossing in the starting from $1,400. The second greatest value Martinsville apartment is the 3/2 50% AMI Model at Ridge View Apartments starting at $1,150 with a $0.90 price per square foot in the Upper Martinsville 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. |
|---|---|---|---|
| Dan River Crossing | DRC 2/1 reg | 2BR,1BA | $1.08 |
| Ridge View Apartments | 3/2 50% AMI | 3BR,2BA | $0.90 |
| Rise Bridgeview | C1 Classic | 3BR,2BA | $1.19 |
| Summit View | 3 Bed 2 Bath | 3BR,2BA | $1.12 |
| Landon Creek Apartments | Two Bed, Two Bath | 2BR,2BA | $1.24 |
| Blackthorn Apartments of Greensboro | 2 Bedrooms | 2BR,2BA | $1.18 |
| HAMPTONS AT COUNTRY PARK | 3x2 Blackfin | 3BR,2BA | $1.33 |
| Oakmont Apartments | Downstairs 2 Bed/1.5 Bath | 2BR,1.5BA | $1.07 |
| School Drive Apartments | One Bedroom | 1BR,1BA | $1.31 |
| 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 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
John Redd Smith Elementary School
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 Martinsville
What type of rentals are currently available in Martinsville?
There are currently 88 Apartments for Rent in Martinsville, VA with pricing that ranges from $725 to $2,280. There are also 38 Single Family Homes for rent, Condos, and Townhome rentals currently available in Martinsville ranging from $575 to $2,400.
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 $575 to $2,400 with an average monthly rent of $1,261.
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.

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.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.