Rent in Martinsville, VA
A 2-bedroom in Martinsville, VA (ZIP 24112) typically rents for about $772 a month, with a range of $772–$943. Owner-occupied homes in Henry County pay about 0.47% of their value a year in property tax, and the 30-year fixed mortgage rate averaged 7.32% in the week of Oct 22, 2026.
Rent by bedrooms
| Size | Typical | Range across ZIPs | ZIPs |
|---|---|---|---|
| Studio | $762 | $762 | 1 |
| 1 bed | $497 | $497–$767 | 1 |
| 2 beds | $772 | $772–$943 | 1 |
| 3 beds | $850 | $850–$1,144 | 1 |
| 4 beds | $908 | $908–$1,321 | 1 |
Typical = median of each ZIP's best guess. Gross rent (rent plus tenant-paid utilities). Sources: Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).
Martinsville ZIP codes
2 bedsFrequently asked questions
- What is the average rent for a 2-bedroom in Martinsville, VA?
- About $772 a month: the median of the typical rents in 1 ZIP code, which range from $772–$943. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 1-bedroom in Martinsville, VA?
- About $497 a month: the median of the typical rents in 1 ZIP code, which range from $497–$767. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 3-bedroom in Martinsville, VA?
- About $850 a month: the median of the typical rents in 1 ZIP code, which range from $850–$1,144. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a studio in Martinsville, VA?
- About $762 a month: the median of the typical rents in 1 ZIP code, which range from $762. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 4-bedroom in Martinsville, VA?
- About $908 a month: the median of the typical rents in 1 ZIP code, which range from $908–$1,321. Figures are gross rent (rent plus tenant-paid utilities).
- What is the property tax rate in Martinsville, VA?
- Owner-occupied homes in Henry County pay a typical 0.47% of their value a year (Census ACS, median taxes paid ÷ median home value, Dec 31, 2024). Investors often pay more after a purchase: the home is reassessed at the sale price and there is no homestead exemption.
- What is the current 30-year mortgage rate?
- The 30-year fixed rate averaged 7.32% in the week of Oct 22, 2026 (Freddie Mac PMMS via FRED). It's a national average for owner-occupied loans; investment property loans usually cost more.
- Where do these Martinsville rent figures come from?
- Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).