Roanoke

Shopping along Market Street
The historic City Market contains shops and restaurants
The scenic Elmwood Park amphitheater

Roanoke, VA Area Guide

Avg Rent

$1,105

Population

96,712

Renter Mix

52% Rent

Welcome to the Star City of the South

Scenic Hiking Active Restaurants

Located in Virginia's Blue Ridge Mountains, Roanoke combines outdoor recreation with city amenities. The Blue Ridge Parkway provides access to hiking trails, mountain biking paths, and scenic overlooks, while the city maintains 26 miles of paved greenways for cycling and walking. Downtown features the historic City Market, Virginia's oldest continuously operating open-air market, and the Texas Tavern, a 10-seat local institution operating since 1930. Cultural attractions include the Taubman Museum of Art, Virginia Museum of Transportation, and Mill Mountain Theatre. Mill Mountain Park houses the iconic 88.5-foot Roanoke Star, which inspired the city's "Star City of the South" nickname.

The rental market in Roanoke offers competitive rates compared to other Virginia cities, with average rents ranging from $761 for studios to $1,711 for four-bedroom units. One-bedroom apartments average $1,074, reflecting a 4.8% annual increase. Notable areas include Old Southwest, characterized by Victorian architecture, and the Grandin Village area near the historic Grandin Theatre. The expanding healthcare sector, centered around Carilion Clinic, has sparked development near downtown. Roanoke's evolution from its railroad heritage to its current status as a healthcare and recreation center has contributed to population growth, with the city recently exceeding 100,000 residents for the first time since 1980.

Explore the City

Shopping along Market Street

The historic City Market contains shops and restaurants

The scenic Elmwood Park amphitheater

Demographics

Median Household Income

$49,827

Average: $67,402

Education

23,735

Residents Have a Degree

Job Market

48,637

Workers Employed

Age Distribution
Get a sense of this area's population profile.

Median Age

40 Years

Largest Age Group

35-44 Years

Approximately 14% of Residents

Under 20

25%

Over 65

19%

Housing Distribution

Roanoke has more renters than homeowners.

Renters
52%
Non-Renters
48%

Education Distribution

Review this city's overall education levels.

Bachelor's or Higher
19%
Other Education
81%

Rent Trends

As of May 2026, the average apartment rent in Roanoke, VA is $806 for a studio, $1,112 for one bedroom, $1,322 for two bedrooms, and $1,658 for three bedrooms. Apartment rent in Roanoke has increased by 2.2% in the past year.

Property Type
Average Rent
Average Sq Ft
Apartment
$1,112/month
668 Sq Ft
House
$1,714/month
1,061 Sq Ft
Condo
$1,200/month
767 Sq Ft
Townhome
$1,494/month
637 Sq Ft
See Rental Market Trends in Roanoke, VA

Cost of Living

The cost of living in Roanoke, VA is 7.6% lower than the national average. Generally, housing in Roanoke is 22.2% less expensive than the national average, with rent falling between $806 - $1,658. You can expect to pay 2.6% less for groceries, 12.8% more for utilities, and 4.9% less for transportation.

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Getting Around

Somewhat Walkable

Walkability

30 / 100

Some Public Transit

Transit

40 / 100

Exceptionally Drivable

Drivability

100 / 100

Moderately Bikeable

Bikeability

60 / 100

Schools

Mount Pleasant Elementary School

Public

Grades PK-5

250 Students

Penn Forest Elementary

Public

Grades PK-5

400 Students

Bonsack Elementary

Public

Grades PK-5

320 Students

Crystal Spring Elementary

Public

Grades PK-5

304 Students

Cave Spring Elementary

Public

Grades PK-5

508 Students

Cave Spring Middle

Public

Grades 6-8

765 Students

Hidden Valley Middle

Public

Grades 6-8

578 Students

Northside Middle

Public

Grades 6-8

627 Students

Woodrow Wilson Middle

Public

Grades 6-8

642 Students

Stonewall Jackson Middle School

Public

Grades 6-8

501 Students

Hidden Valley High

Public

Grades 9-12

830 Students

Cave Spring High

Public

Grades 9-12

1,056 Students

Northside High

Public

Grades 9-12

950 Students

Patrick Henry High

Public

Grades 9-12

2,005 Students

William Fleming High

Public

Grades 9-12

1,911 Students

Points of Interest

Parks and Recreation

  • Science Museum of Western Virginia
  • Mill Mountain Park and Discovery Center
  • Mill Mountain Zoo
  • Wolf Creek Greenway

Commuter Rail

Airports

  • Roanoke/Blacksburg Regional (Woodrum Field)

Top Apartments in Roanoke

Houses for Rent in Roanoke

Property Management Companies in Roanoke, VA

Search Nearby Rentals

Methodology

† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.

Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.

Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in February 2026.

Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.