Homes for Rent in 24014

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What to Know About

Life in Roanoke & Beyond

Roanoke 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

Roanoke, VA

As of January 2026, Roanoke's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Roanoke's average rent is 40.8% ($726) lower than the Virginia average of $1,780 and 40.1% ($705) lower than the U.S. average of $1,759.

Average Rent
$1,054
Monthly ChangeMonth Over Month Change
Decreased2.7% ($29)
Yearly ChangeYear Over Year Change
Increased0.8% ($8)
Avg. Days on MarketAverage Days on Market
35
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $991 Decreased2.5% ($25) Increased5.1% ($48)
2 Beds $1,108 Decreased2.2% ($25) Decreased3.1% ($35)
3 Beds $1,763 Increased1.2% ($21) Increased6.9% ($114)
Nearby Cities Average Rent Avg. Rent vs. RoanokeAverage Rent vs. Roanoke Avg. Days on MarketAverage Days on Market
Vinton $1,185 Increased12.4% ($131) 38 days
Salem $996 Decreased5.5% ($58) 38 days
Daleville $2,114 Increased100.6% ($1060) 32 days
Buchanan $1,320 Increased25.2% ($266) 34 days
Rental market trends are calculated using listing data from RentalSource.
Frequently Asked Questions
Roanoke Rental Market FAQs

Explore rental prices, market trends, and availability in Roanoke, VA.

The average rent in Roanoke, VA is $1,054 per month.
Homes in Roanoke typically rent for between $694 and $2,292 per month, with an average of $1,054 per month.
In Roanoke, the average rent for a 1-bedroom home is $991 per month, for a 2-bedroom home, $1,108 per month, and a 3-bedroom home is $1,763 per month.
The average rent in Roanoke is 40.1% ($705) lower than the national average of $1,759 per month.
The average rent in Roanoke has decreased by 2.7% ($29) in the last month and increased by 0.8% ($8) over the past year.
The rental market in Roanoke, VA, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.
In Roanoke, VA, the average rental stays on the market for approximately 35 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 178 rental properties available in Roanoke, VA.
Based on the current averages, a household would need an annual income of $44,320 to comfortably afford a 2-bedroom home in Roanoke.
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