Studio Rent · October 2026

Studio Apartment Rent in Martinsville, VA

$700/mo

Median asking rent for a studio apartment in Martinsville, Virginia as of October 2026. That's +23% lower than the citywide median of $907 and +46% below the national studio median of $1,290.

Studio median
$700
October 2026
vs city overall
-23%
$907 city median
vs national
-46%
$1,290 US median
Virginia rank
#2
of 76 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
4Madison Heights$880
5Roanoke$883
6Christiansburg$900
7Radford$900
8Salem$960
9Front Royal$970
10Blacksburg$990
11Waynesboro$1,060
12Lynchburg$1,100
13Harrisonburg$1,120
14Staunton$1,120
15Culpeper$1,130

Most expensive cities for a studio in Virginia

#CityStudio rent
1Great Falls$3,020
2Aldie$2,720
3Gainesville$2,670
4Burke$2,560
5Vienna$2,547
6Springfield$2,490
7Chantilly$2,440
8Arlington$2,433
9Lorton$2,430
10Oakton$2,350
11Fairfax$2,350
12Ashburn$2,350
13Sterling$2,257
14Alexandria$2,249
15McLean$2,213

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 October 2026, the median studio apartment rent in Martinsville, Virginia is $700 per month. This is +23% below the citywide median of $907.

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 76 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 (October 2026) and exclude cities with median rent below $400 or above $20,000.