Studio Rent · August 2026

Studio Apartment Rent in Martinsville, VA

$700/mo

Median asking rent for a studio apartment in Martinsville, Virginia as of August 2026. That's +21% lower than the citywide median of $883 and +46% below the national studio median of $1,290.

Studio median
$700
August 2026
vs city overall
-21%
$883 city median
vs national
-46%
$1,290 US median
Virginia rank
#2
of 80 cities

Income needed for a studio in Martinsville

Using the standard 30% rent-to-income guideline (the threshold above which households are considered rent-burdened), here's what you need to earn to comfortably afford a studio at the current median rent.

Annual income
$28,000
Monthly gross
$2,333
Hourly (full-time)
$13.46

Rent by apartment size in Martinsville

Compare Martinsville's median rent across every apartment size.

Studio (current)
$700
1-Bedroom
$700
2-Bedroom
$880
3-Bedroom
$1,060
4+ Bedroom
$1,260

Cheapest cities for a studio in Virginia

#CityStudio rent
1Danville$630
2Martinsville (this page)$700
3Bristol$780
4Lexington$830
5Farmville$850
6Madison Heights$880
7Roanoke$883
8Christiansburg$900
9Radford$900
10Salem$960
11Front Royal$970
12Blacksburg$990
13Waynesboro$1,060
14Lynchburg$1,100
15Harrisonburg$1,120

Most expensive cities for a studio in Virginia

#CityStudio rent
1Great Falls$3,020
2Fort Hunt$3,020
3Haymarket$2,780
4Aldie$2,720
5Gainesville$2,670
6Burke$2,560
7Vienna$2,547
8Springfield$2,490
9Chantilly$2,440
10Arlington$2,433
11Lorton$2,430
12Oakton$2,350
13Fairfax$2,350
14Ashburn$2,350
15Sterling$2,257

Nearby cities — studio rent

Considering nearby alternatives? 1 of these cities have cheaper studio rents than Martinsville.

CityDistanceStudio rentvs Martinsville
Danville, VA24.7 mi$630$-70 (-10%)
Roanoke, VA38.2 mi$883+$183 (+26%)
Greensboro, NC43.9 mi$1,033+$333 (+48%)
Salem, VA44.2 mi$960+$260 (+37%)
Kernersville, NC44.8 mi$1,010+$310 (+44%)
Rural Hall, NC45.7 mi$960+$260 (+37%)
Christiansburg, VA48.9 mi$900+$200 (+29%)
Whitsett, NC49.6 mi$1,120+$420 (+60%)
Burlington, NC50.9 mi$855+$155 (+22%)
Winston-Salem, NC52.5 mi$954+$254 (+36%)
High Point, NC52.7 mi$1,000+$300 (+43%)
Blacksburg, VA54.2 mi$990+$290 (+41%)

Studio rent in Martinsville — common questions

How much is a studio apartment in Martinsville?

As of August 2026, the median studio apartment rent in Martinsville, Virginia is $700 per month. This is +21% below the citywide median of $883.

What income do you need to afford a studio in Martinsville?

Using the standard 30% rent-to-income rule, you would need an annual income of about $28,000 ($2,333/month gross), which works out to roughly $13.46/hour at a full-time job.

Is Martinsville expensive for a studio compared to the rest of the US?

Martinsville's studio median of $700 is +46% below the national studio median of $1,290. It ranks in the 3th percentile of US cities tracked.

How does Martinsville rank for studio rent in Virginia?

Among the 80 cities in Virginia with studio data, Martinsville ranks #2 from cheapest to most expensive.

Are there cheaper studio options near Martinsville?

Yes — nearby cities with cheaper studio rents include Danville ($630).

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Methodology: Bedroom-level rent medians come from HUD Fair Market Rent data calibrated to the Zillow Observed Rent Index (ZORI) for Martinsville, which serves as the citywide anchor. When the HUD bedroom values exceed the ZORI city median (a common quirk in luxury markets and small samples), bedroom values are proportionally scaled down to align. Income required uses the standard 30% rent-to-income guideline. Comparison rankings use the same data month across all cities (August 2026) and exclude cities with median rent below $400 or above $20,000.