Rent to own Homes in Martinsville, VA

Once a land of tobacco farms, Martinsville, Virginia has morphed into a city of technology development and manufacturing. Home to one of the most popular tracks on the NASCAR circuit, Martinsville now thrives on growing industries like textiles and furniture. Martinsville, which is the official county seat of Henry County, has a population of just over 15,000 and was the birthplace of notable patriot and Revolutionary War politician Patrick Henry.

Martinsville, VA is a great place for affordable rent-to-own homes! With a median household income of over $36,166 and a median rent of $664, the Martinsville, VA rent-to-own market is more affordable than the traditional housing market which has shown tremendous growth across the U.S. and with it, aggressive competition for home purchases. With the current housing shortage trend it can make it harder to become a homeowner, including in Martinsville, VA. This means higher than average down payments for homes and higher qualification standards for conventional home loans. With a rent-to-own property, tenants are also buyers. You can live in the house for a set amount of time before you purchase it, meaning that you get to know the house, your neighbors, and your community before making the final purchase. This enables you and your family to make the right choice based on both information and experience. Rent-to-own is also a great alternative way to get into a home if you have bad credit or don't have enough saved for a down payment.

Check out Martinsville, VA rent to own homes for sale, which may include auction properties, for sale by owner, and more.
Showing 1 - 44 of 176
1 of 16 115 MOSS ST N
Rent to Own Eligible
 
Single Family Home
Martinsville, VA 24112
4
1
1874 ft2
1927
New
1 of 32 234 SUSAN DR
Rent to Own Eligible
 
Single Family Home
Collinsville, VA 24078
4
2
2385 ft2
1962
1 of 82 345 ROCKSHIRE DR
Rent to Own Eligible
 
Single Family Home
Martinsville, VA 24112
3
2
1960 ft2
2007
97 SURRY CT
Rent to Own Eligible
 
Single Family Home
Martinsville, VA 24112
3
2
960 ft2
1973
4615 SOAPSTONE RD
Rent to Own Eligible
 
Single Family Home
Ridgeway, VA 24148
3
3
2343 ft2
2006
545 MOREHEAD AVE
Rent to Own Eligible
 
Single Family Home
Ridgeway, VA 24148
3
2
2280 ft2
1961
New
1 of 28 139 ELLSWORTH CT
Rent to Own Eligible
 
Single Family Home
Ridgeway, VA 24148
3
3
2098 ft2
1990
602 MULBERRY RD
Rent to Own Eligible
 
Single Family Home
Ridgeway, VA 24148
3
2
1804 ft2
1980
4441 MORGAN FORD RD
Rent to Own Eligible
 
Single Family Home
Ridgeway, VA 24148
3
2
1620 ft2
2002
294 COUNTRY RIDGE RD
Rent to Own Eligible
 
Single Family Home
Bassett, VA 24055
2
3
4232 ft2
1995
New
220 Old Well Rd
Rent to Own Eligible
 
Single Family Home
Spencer, VA 24112
3
2
2584 ft2
1926
New
1254 ANGLIN MILL RD
Rent to Own Eligible
 
Single Family Home
Stoneville, NC 27048
1
1
943 ft2
1927
9596 CHATHAM RD
Rent to Own Eligible
 
Single Family Home
Martinsville, VA 24112
3
3
1652 ft2
2008
New
8255 HENRY RD
Rent to Own Eligible
 
Single Family Home
Henry, VA 24102
3
1
1519 ft2
1930
New
290 TANGLEBROOK TRL
Rent to Own Eligible
 
Single Family Home
Eden, NC 27288
3
2
1542 ft2
1999
New
414 LENNOX DR
Rent to Own Eligible
 
Single Family Home
Eden, NC 27288
3
2
1469 ft2
2005
1 of 93 1650 CIRCLE CREEK RD
Rent to Own Eligible
 
Single Family Home
Penhook, VA 24137
2
1
1102 ft2
1930
706 BLOSSOM LN
Rent to Own Eligible
 
Single Family Home
Stoneville, NC 27048
3
2
1644 ft2
1955
111 Sanderlyn Ct
Rent to Own Eligible
 
Single Family Home
Eden, NC 27288
2
2
1458 ft2
2008
New
100 DEERWOOD TRACT CT
Rent to Own Eligible
 
Single Family Home
Cascade, VA 24069
3
2
1242 ft2
1984
New
1 of 50 102 DEERWOOD TRACT CT
Rent to Own Eligible
 
Single Family Home
Cascade, VA 24069
2
3
2200 ft2
1985
1255 GROGAN RD
Rent to Own Eligible
 
Single Family Home
Stoneville, NC 27048
4
4
3713 ft2
2002
15973 MOUNT CROSS RD
Rent to Own Eligible
 
Single Family Home
Dry Fork, VA 24549
3
2
1392 ft2
1980
3904 FRANKLIN ST
Rent to Own Eligible
 
Single Family Home
Rocky Mount, VA 24151
3
2
1602 ft2
1967
11923 FRANKLIN ST
Rent to Own Eligible
 
Single Family Home
Ferrum, VA 24088
4
2
2846 ft2
1921
721 ISLAND DR
Rent to Own Eligible
 
Single Family Home
Madison, NC 27025
4
5
4318 ft2
2007
405 W END BLVD
Rent to Own Eligible
 
Single Family Home
Madison, NC 27025
2
1
1453 ft2
1940
1 of 29 507 W MURPHY ST
Rent to Own Eligible
 
Single Family Home
Madison, NC 27025
2
2
1412 ft2
1954
1 of 51 2005 SCUFFLING HILL RD
Rent to Own Eligible
 
Single Family Home
Rocky Mount, VA 24151
3
1
2128 ft2
1967
1 of 16 354 CEDAR LN
Rent to Own Eligible
 
Single Family Home
Reidsville, NC 27320
2
2
960 ft2
1986
1 of 162 570 SCUFFLING HILL RD
Rent to Own Eligible
 
Single Family Home
Rocky Mount, VA 24151
5
3
1337 ft2
1972
410 KNOLLWOOD DR
Rent to Own Eligible
 
Single Family Home
Rocky Mount, VA 24151
4
4
2698 ft2
1964
1173 SAWMILL RD
Rent to Own Eligible
 
Single Family Home
Ferrum, VA 24088
3
2
960 ft2
1978
221 HIGHFIELD CIR
Rent to Own Eligible
 
Single Family Home
Rocky Mount, VA 24151
3
2
1620 ft2
1973
340 ORCHARD AVE
Rent to Own Eligible
 
Single Family Home
Rocky Mount, VA 24151
2
2
1287 ft2
1955
255 DIAMOND AVE
Rent to Own Eligible
 
Single Family Home
Rocky Mount, VA 24151
3
2
1586 ft2
1950
185 CLAIBORNE AVE
Rent to Own Eligible
 
Single Family Home
Rocky Mount, VA 24151
8
8
4549 ft2
1895
430 PELL AVE
Rent to Own Eligible
 
Single Family Home
Rocky Mount, VA 24151
3
3
1740 ft2
1950
New
103 WOODLAWN DR
Rent to Own Eligible
 
Single Family Home
Rocky Mount, VA 24151
3
1
1128 ft2
1956
825 N MAIN ST
Rent to Own Eligible
 
Single Family Home
Rocky Mount, VA 24151
3
2
1249 ft2
1945
39 HUNTERS VALLEY LN
Rent to Own Eligible
 
Townhouse/Condo
Rocky Mount, VA 24151
2
2
1400 ft2
2010
1 of 41 109 HOLLY HILL DR
Rent to Own Eligible
 
Single Family Home
Reidsville, NC 27320
3
2
1650 ft2
1965
145 CORNELL RD
Rent to Own Eligible
 
Single Family Home
Rocky Mount, VA 24151
3
2
1296 ft2
1970
138 ANNIE MAE LN
Rent to Own Eligible
 
Single Family Home
Glade Hill, VA 24092
5
4
3626 ft2
2006
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Rent to own homes offer low monthly payments and flexible terms.

Top 5 Reasons to Live in Martinsville, Virginia

Great job opportunities! Though few racing teams are headquartered in Martinsville, an abundance of learning opportunities, such as the program at Patrick Henry Community College, pave the way for jobs in NASCAR and other racing circuits. Martinsville is a manufacturing hub for commodities like textiles, plastics, furniture, and food products. Springs Global, Eastman, and Bassett Furniture are just a few employers in the area.

Culture and history! The Virginia Museum of Natural History, an affiliate of the Smithsonian Institute, is located here, as is the Piedmont Arts Association. Incorporated in 1928, Martinsville is the proud owner of 11 different places listed on the National Registry of Historic Places.

Affordable homes! Neighborhoods like Horse Pasture offer an abundance of rent to own and buying opportunities, and real estate prices here tend to be much more reasonable than other parts of Henry County and the rest of Virginia. Most of the neighborhoods offer convenient work opportunities and amenities like shopping at Liberty Fair Mall.

Low property taxes! During the recession, Martinsville lowered property taxes and began a multitude of other programs to help jump-start the local economy. The Martinsville Economic Development program and the Martinsville Real Estate Assessments office work hard to keep property taxes low to continue to encourage people to buy houses, start businesses and boost the local economy.

Enjoy the great outdoors! Martinsville is in one of the most scenic parts of Virginia and offers many opportunities for water sports, hiking and enjoying nature. Try kayaking, boating, fishing or swimming at nearby Lake Lanier and Smith Mountain Lake. Hikers can take advantage of Philpott Lake Trail, Beaver Creek Reservoir, Fieldale Trail, Patrick Henry Community College Trail Loop, and parks like Jack Dalton Park and Collinsville Jaycee Park. Whether you're a newbie to nature or an experienced survivalist, the perfect outdoor opportunity awaits you in Martinsville.