Average Rent in Martinsville, VA and Rent Price Trends

Rent trends in Martinsville, VA

Average rent prices in Martinsville have decreased by 5% over the last month and have remained the same since last year.

Rent trends

Rent prices on this page are calculated on a rolling 30-day basis and updated daily.

Compare rent prices in
Martinsville, VA

Rent prices in Martinsville vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Martinsville is $850, whereas a house costs $1,100. 1-bedroom apartments in Martinsville run $725 on average, while 2-bedroom apartments are $875.


1 bedroom	$697	7%	17%
2 bedroom	$875	7%	9%
3 bedroom	$1,125	2%	25%
4 bedroom	$1,412	2%	12%


Apartments	$850	1%	No Change
Condos	$945	19%	No Change
Houses	$1,100	1%	No Change

1 bedroom

Average rent

$697

Last 30 days

Last year

17%

2 bedroom

Average rent

$875

Last 30 days

Last year

3 bedroom

Average rent

$1,125

Last 30 days

Last year

25%

4 bedroom

Average rent

$1,412

Last 30 days

Last year

12%

The table above reflects average rent prices in Martinsville, VA, broken down by the number of bedrooms, neighborhoods, and property types. The availability of data for each category is dependent on market inventory and will adjust depending on your selected filters.

How does rent in Martinsville, VA compare to other cities?

Compare median rent prices in Martinsville and Archdale by all bedroom counts and property types.

Martinsville

Median rent price$950

51%

lower than the national median

Median rent price$1,200

38%

lower than the national median

Takeaway

The median rent for all rentals in Martinsville, VA is 21% lower than the median rent in Archdale, NC.

Average rent in nearby cities

Explore rent trends in neighboring markets

$1,200

$1,750

$1,295

$1,535

$1,050

$1,050

$900

$775

$1,250

$1,800

$1,775

$1,200

Cost of living in Martinsville, VA

Explore the cost of essential expenses, and then use our rent calculator to find out how much rent you can afford.

Expenses accrued by most renters	Average cost compared to national average
Goods & Services	4% lower
Groceries	1% lower
Health	7% higher
Housing	26% lower
Transportation	7% lower
Utilities	8% lower

Discover rentals in Martinsville, VA

5d+ ago

Apartment for rent in Martinsville

117 Park St #B, Martinsville, VA 24112

2 beds

1 bath

$795

Apartment for rent

Available Sep 5

5d+ ago

Apartment for rent in Martinsville

2 beds

1.5 baths

$950

$875

Price drop

Apartment for rent

Available Aug 1

5d+ ago

Apartment for rent in Martinsville

2 beds

1.5 baths

$950

$875

Price drop

Apartment for rent

Available Aug 1

5d+ ago

Apartment for rent in Martinsville

2 beds

1.5 baths

$950

$875

Price drop

Apartment for rent

Available Aug 1

5d+ ago

Apartment for rent in Martinsville

2 beds

1.5 baths

$950

$875

Price drop

Apartment for rent

Available Aug 1

5d+ ago

Apartment for rent in Martinsville

2 beds

1.5 baths

$950

$875

Price drop

Apartment for rent

Available Aug 1

1431 Spruce Street Ext #10 - Photo 1 of 1

2d ago

Apartment for rent in Martinsville

1431 Spruce Ext #10

1431 Spruce Street Ext #10, Martinsville, VA 24112

2 beds

1.5 baths

$900

Apartment for rent

Available Sep 1

2d ago

House for rent in Martinsville

Residential Lease, Martinsville, VA

804 Royal Dr, Martinsville, VA 24112

3 beds

1 bath

$1,150

House for rent

Stay up to date with rental market insights

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Annual Rent Report

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Frequently asked questions for Martinsville, VA

Quick answers to common questions about the Martinsville rental market.

How much is rent in Martinsville?

The average rent in Martinsville is $950 per month as of August 15, 2026.

Is rent up or down in Martinsville?

Average rent prices in Martinsville have decreased by 5% over the last month and have remained the same since last year.

How does Martinsville rent compare to the national average?

Rent in Martinsville is 51% below the national average, which means renters are paying approximately $975 less per month.

What salary do I need to afford rent in Martinsville?

To comfortably afford rent in Martinsville, you'd need to earn approximately $38,000/year, based on spending no more than 30% of your income on rent.

When is the best time of year to rent in Martinsville?

May offers the lowest rents in Martinsville, running about 26% below August peak prices. This seasonal pattern creates clear timing opportunities for renters looking to save on their monthly housing costs.

Methodology

Rent prices are based on Zumper's rental listings from the past 30 days. Median rent is calculated across all available listings and property types on the platform. If you filter the page by bedroom count or property type, the pricing throughout the page will update automatically to reflect that segment of the rental market.

Household and population data come from the U.S. Census Bureau. Cost-of-living data is sourced from the Council for Community and Economic Research's Cost of Living Index (COLI).