What's the average rent in Martinsville, VA?

Rental Market Trends in Martinsville, VA

SOURCE: TRULIA DATA

Rental market highlights

As of August 2026, the average rent in Martinsville, VA is $950 per month, which is 52% lower than the national average rent of $1,965 per month.

AVERAGE RENT

$950
-5.0%
-$50 decrease month-over-month
11.8%
$100 increase year-over-year

AVAILABLE RENTALS

46

APARTMENTS

$884

HOUSES

$1,195

TOWNHOUSES

$1,000
As of August 2026, apartments are the most affordable rental option in Martinsville, VA at $884 per month, while houses are the most expensive at $1,195 per month. Townhomes average $1,000 per month, offering a mid-range alternative for renters.

Average rent by number of bedrooms

Floor plan typeAverage rent
1 Bedroom$725
2 Bedrooms$1,000
3 Bedrooms$1,000
4 Bedrooms$1,500
All$950
As of August 2026, the average rent for a 1 bedroom rental in Martinsville, VA is $725 per month, followed by $1,000 for a 2 bedroom rental, $1,000 for a 3 bedroom rental, and $1,500 for a 4 bedroom rental.

Average rent trends and rent ranges

Average rent price over time

In the past year, rent has increased by +6% compared to the previous year, which is a +$50 increase.
This year (2026)
Last year (2025)

Rent distribution

63% of rentals have rent of $800-$1,499/month

Rental price range

The price range for rentals is $525 to $1,975.
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