Last updated
Average Rent in Roanoke VA & Rent Trends
Rent prices and market trends across 8 apartment communities in Roanoke VA. Updated daily.
Market Average
$1,521/mo
▼ 0.5% from last month
Lowest Available
$995/mo
cheapest unit on market
Communities
8
tracked daily
Units Listed
93
available now
Rent by Neighborhood in Roanoke VA
Compare average rent across Roanoke VA neighborhoods. Click any area to see detailed trends.
| Neighborhood | Avg Rent | From | Properties | Units |
|---|---|---|---|---|
| Roanoke 24017 | $1,641 | $1,274 | 2 | 16 |
| Roanoke 24016 | $1,574 | $1,300 | 2 | 36 |
| Roanoke 24018 | $1,461 | $1,171 | 3 | 21 |
| Downtown Roanoke | $1,393 | $995 | 1 | 20 |
Is Rent Going Up or Down in Roanoke VA?
As of May 2026, the average rent in Roanoke VA is $1,521 per month across 8 apartment communities and 93 available units. Rents have decreased $7 (0.5%) over the past month.
The most affordable option is Allegheny Partners starting at $995/mo. By unit type, a 1-bedroom averages $1,414/mo, a 2-bedroom averages $1,769/mo, a 3-bedroom averages $1,836/mo.
Prices range from $995 to $2,300 per month. The most common price point is the $1,400 range, where 45 units are currently listed.
Roanoke VA Rent Price History
Average Rent by Bedroom
Rent Price Distribution
Rent by Bedroom Type in Roanoke VA
Rent Prices by Apartment in Roanoke VA
| Property | Starting at | Average | Units | Rating |
|---|---|---|---|---|
| Allegheny Partners | $995/mo | $1,393/mo | 20 | 3.1 |
| Pebble Creek Apartments | $1,171/mo | $1,466/mo | 12 | 3.9 |
| Westwind Apartment Homes | $1,274/mo | $1,419/mo | 4 | 4.2 |
| Cotton Mill Lofts | $1,300/mo | $1,617/mo | 7 | 4 |
| Honeywood Apartment Homes | $1,327/mo | $1,443/mo | 8 | 4 |
| Century Bridges | $1,340/mo | $1,563/mo | 29 | 4.3 |
| The View at Blue Ridge Commons | $1,477/mo | $1,714/mo | 12 | 4.3 |
Google Search Trends for Roanoke VA Apartments
Search interest for apartments in this area over the past 12 months.
Search Interest Over Time
Frequently Asked Questions About Rent in Roanoke VA
What is the average rent in Roanoke VA?
Is rent going up or down in Roanoke VA?
What is the cheapest apartment in Roanoke VA?
How much is a 1-bedroom apartment in Roanoke VA?
How many apartments are available in Roanoke VA?
What salary do I need to live comfortably in Roanoke VA?
Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.
Minimum to afford average rent
$61,000/year
30 percent rule -- using our average rent of $1,521/mo.
Comfortable income
$73,000/year
25 percent rule -- leaves more room for savings, transport, and groceries.
To afford the cheapest tracked apartment ($995/mo), you need to earn at least $40,000/year.
Cost of living in Roanoke VA
We only have live rent data for Roanoke VA so far. The full cost of living breakdown (utilities, groceries, transportation, healthcare) is coming soon.
| Category | Monthly estimate |
|---|---|
| Rent (market average) | $1,521 |
| Estimated total | $1,521/mo |
Methodology
Rent data
Sourced directly from each tracked apartment community and refreshed every 24 hours. Every listed unit price on this page is real and listed today.
Cost of living
Estimates combine national consumer-spending baselines from the U.S. Bureau of Labor Statistics (Consumer Expenditure Survey) with the U.S. Bureau of Economic Analysis Regional Price Parities (MARPP dataset). Both are peer-reviewed federal data releases published annually.
Salary to live comfortably
Applies the standard 25 to 30 percent rent-to-income rule on top of the listed rent. This is the same affordability guideline used by most landlords and credit-scoring models.
Demographic figures
Median household income, population, median age, commute time, Census median rent, and rent as percentage of income come from the U.S. Census Bureau's American Community Survey 5-year estimates, the most recent complete release.
Cost of living and demographic figures are refreshed annually.
Explore Roanoke VA Apartments
Browse all 8 communities with daily-updated pricing and availability.