The View at Blue Ridge Commons
2801 Hersberger Rd NW,
Roanoke, VA 24017
1-3 Beds | $1,359 - $2,284
Rental Market Trends in Roanoke, VA
Updated July 2026
The average rent in Roanoke, VA is $1,118/month.
Rent in Roanoke is 33% lower than the national average rent of $1,662/month, making this one of the less expensive cities statewide.
$1,118/month
Average Rent
671 Sq Ft
Average Size
+2%
Change / Year
877
Available Apartments
Roanoke rent varies by unit size and layout:
- Studio apartments in Roanoke average $812 per month.
- One-bedroom apartments in Roanoke average $1,118 per month.
- Two-bedroom apartments in Roanoke average $1,321 per month.
- Three-bedroom apartments in Roanoke average $1,655 or more per month.
Average Rent by Home Type
Bedrooms
Average Rent
Average Sq Ft
Bedrooms
Average Rent
Average Sq Ft
Bedrooms
Average Rent
Average Sq Ft
Bedrooms
Average Rent
Average Sq Ft
How much has average rent changed in Roanoke, VA?
In the past year, rent has increased by 2%, which averages out to $23 more per month.
Market Trends Over Time
July 2026
2025
2026
Rent Ranges in Roanoke, VA
July 2026
$1,001 - $1,500
Most rental prices fall within this range
Percentage*
Rent Range
21%
Below $700/month
26%
$700 - $1,000/month
45%
$1,001 - $1,500/month
8%
$1,501 - $2,000/month
0%
Above $2,000/month
Rent by Neighborhood
What are the most affordable neighborhoods in Roanoke?
Based on current rent prices, Williamson Road, Downtown Roanoke City and Belmont are the most affordable neighborhoods in Roanoke.
Neighborhood
Average Rent
Average Sq Ft
What are the most expensive neighborhoods in Roanoke?
Based on current rent prices, Brattonlawn, Mecca Gardens and Eastgate are the most expensive neighborhoods in Roanoke.
Neighborhood
Average Rent
Average Sq Ft
Which Roanoke neighborhoods have the most rentals available?
The neighborhoods in Roanoke with the most apartments available are Downtown Roanoke City, Mecca Gardens and Cave Spring .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Roanoke, VA?
Because the average rent in Roanoke is $1,118, you’ll want to make about $3,726 per month or $44,712 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.
Cost of Living
The cost of living in Roanoke, VA is 7.8% lower than the national average. Generally, housing in Roanoke is 22.0% less expensive than the national average, with rent falling between $812 - $1,655. You can expect to pay 2.3% less for groceries, 11.7% more for utilities, and 5.5% less for transportation.
How does Roanoke, VA compare to other nearby cities and neighborhoods?
Use the tool below to compare Roanoke, VA to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.
View the Roanoke Area GuideStudio
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One Bedroom
$870/month
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Two Bedroom
$804/month
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Three Bedroom
$853/month
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Frequently Asked Questions
What is the average rent in Roanoke?
The average rent in Roanoke is $1,118 per month, which is 32.7% lower than the national average of $1,662.
What is the average rent for a house in Roanoke?
The average rent for a house in Roanoke, VA is $1,897 per month.
What is the average rent for a townhome in Roanoke?
The average rent for a townhome in Roanoke, VA is $1,608 per month.
What is the average rent for a condo in Roanoke?
The average rent for a condo in Roanoke, VA is $1,175 per month.
Are rents going up or down in Roanoke?
Rents in Roanoke, VA are increasing, with prices up 2.0% year-over-year and $23 more per month.
What rent range is most common in Roanoke?
In Roanoke, VA, 45% of apartments fall between $1,001 - $1,500/month, though prices may vary depending on location and other factors.
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 June 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.
* Percentages may not total 100 due to rounding.