Rentometer, Inc. | Data as of 10/22/2025
Martinsville, VA offers a vibrant Metro‑area rental market that blends historic charm with modern convenience. Residents enjoy a mix of well‑maintained single‑family homes and a variety of apartment communities, making it easy to find a space that fits diverse lifestyles. The city’s downtown district features walkable streets lined with local boutiques, cafes, and cultural venues, while nearby neighborhoods such as Southside and East End provide quieter residential settings with easy access to schools and parks. Proximity to landmarks like the Virginia Museum of Natural History and the historic Martinsville Speedway adds both cultural depth and entertainment options for renters.
Apartment rentals dominate the market, with one‑bedroom units averaging around $1140 and typically leasing in the $1150 range, whereas two‑bedroom apartments average near $990 and are often priced in the $1000 range. This pricing flexibility supports a wide range of budgets, from young professionals seeking a vibrant urban feel to families desiring more space. Combined with a steady supply of well‑kept houses, Martinsville’s rental landscape remains attractive for those looking to settle in a community that balances affordability, convenience, and a welcoming small‑city atmosphere.
| Property Type | Bedrooms | Average | Median | Min - Max | 25th - 75th |
|---|---|---|---|---|---|
| Apartment | 1 Bedroom | $1,143 | $1,150 | $875 - $1,450 | $921 - $1,385 |
| Apartment | 2 Bedroom | $986 | $997 | $800 - $1,150 | $950 - $1,150 |
In the current period, the average rent in Martinsville, VA was $1,144 for 1 Bedroom, $986 for 2 Bedroom, and $1,143 for 3 Bedroom.
Data provided by Rentometer, Inc.