The municipality lies at the edge of the Hunsrück on the Deutsche Edelsteinstraße ("German Gem Road"), roughly 5 km north of Idar-Oberstein.
Veitsrodt borders in the north on the municipality of Herborn, in the east on the municipality of Niederwörresbach, in the south on the municipality of Vollmersbach, in the west on the town of Idar-Oberstein and the municipality of Kirschweiler and in the northwest on the municipality of Kempfeld.