Find Homes & Apartments for Rent in Madison Heights, VA

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What to Know About

Life in Madison Heights & Beyond

Madison Heights shares many of the great qualities that make Virginia a desirable place to live.

Virginia, where history and modernity seamlessly merge, is home to some of the most significant historical sites in the country. Take a trip back in time and explore the Colonial Williamsburg living history museum, which transports visitors to the 18th century, or wander through the cobblestone streets of Old Town Alexandria. Major universities in Virginia, like the University of Virginia and Virginia Tech, are renowned for their academic excellence. In addition, the state's diverse and growing economy, supported by thriving technology, agriculture, and tourism industries, offers ample employment opportunities.

Outdoor enthusiasts can enjoy a wide range of activities, including hiking and camping in the Blue Ridge Mountains, fishing and boating in the Chesapeake Bay, and skiing in the winter. Sports fans will be thrilled with the exciting college sports games, and families will love visiting famous attractions like the Virginia Beach Boardwalk and the Natural Bridge.

With its stunning natural landscapes, deep historical roots, and thriving economy, Virginia is a great place to live for those who appreciate the unique charm and heritage of the south.

Rental Market Trends

Madison Heights, VA

As of March 2025, Madison Heights's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Madison Heights's average rent is 48.8% ($899) lower than the Virginia average of $1,841 and 47.3% ($846) lower than the U.S. average of $1,788.

Average Rent
$942
Monthly ChangeMonth Over Month Change
Decreased2.4% ($23)
Yearly ChangeYear Over Year Change
Decreased20.2% ($239)
Avg. Days on MarketAverage Days on Market
32
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $818 Decreased1.7% ($14) Decreased22.4% ($236)
2 Beds $948 Decreased2% ($19) Decreased22.6% ($277)
3 Beds $1,051 Decreased7.4% ($84) Decreased26.9% ($387)
Nearby Cities Average Rent Avg. Rent vs. Madison HeightsAverage Rent vs. Madison Heights Avg. Days on MarketAverage Days on Market
Lynchburg $1,166 Increased23.8% ($224) 39 days
Forest $1,215 Increased29% ($273) 34 days
Rental market trends are calculated using listing data from RentalSource.
Frequently Asked Questions
Madison Heights Rental Market FAQs

Explore rental prices, market trends, and availability in Madison Heights, VA.

The average rent in Madison Heights, VA is $942 per month.
Homes in Madison Heights typically rent for between $600 and $1,366 per month, with an average of $942 per month.
In Madison Heights, the average rent for a 1-bedroom home is $818 per month, for a 2-bedroom home, $948 per month, and a 3-bedroom home is $1,051 per month.
The average rent in Madison Heights is 47.3% ($846) lower than the national average of $1,788 per month.
The average rent in Madison Heights has decreased by 2.4% ($23) in the last month and decreased by 20.2% ($239) over the past year.
The rental market in Madison Heights, VA, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.
In Madison Heights, VA, the average rental stays on the market for approximately 32 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.
There are currently 6 rental properties available in Madison Heights, VA.
Based on the current averages, a household would need an annual income of $37,920 to comfortably afford a 2-bedroom home in Madison Heights.
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