Homes for Rent in 24016

1-20 of 34 rentals
Viewing 1-20 of 34 rentals in 24016
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 March 2026, Roanoke's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Roanoke's average rent is 40.2% ($719) lower than the Virginia average of $1,789 and 39.5% ($699) lower than the U.S. average of $1,769.

Average Rent
$1,070
Monthly ChangeMonth Over Month Change
Increased2.2% ($23)
Yearly ChangeYear Over Year Change
Decreased2% ($22)
Avg. Days on MarketAverage Days on Market
35
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $942 Decreased2.9% ($28) Decreased7.2% ($73)
2 Beds $1,151 Increased2.8% ($31) Decreased2.6% ($31)
3 Beds $1,596 Decreased2.4% ($40) Increased6.6% ($99)
Nearby Cities Average Rent Avg. Rent vs. RoanokeAverage Rent vs. Roanoke Avg. Days on MarketAverage Days on Market
Vinton $1,267 Increased18.4% ($197) 38 days
Salem $1,036 Decreased3.2% ($34) 38 days
Daleville $2,131 Increased99.2% ($1061) 32 days
Buchanan $1,051 Decreased1.8% ($19) 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 $1,070 per month.
Homes in Roanoke typically rent for between $659 and $2,075 per month, with an average of $1,070 per month.
In Roanoke, the average rent for a 1-bedroom home is $942 per month, for a 2-bedroom home, $1,151 per month, and a 3-bedroom home is $1,596 per month.
The average rent in Roanoke is 39.5% ($699) lower than the national average of $1,769 per month.
The average rent in Roanoke has increased by 2.2% ($23) in the last month and decreased by 2.0% ($22) 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 197 rental properties available in Roanoke, VA.
Based on the current averages, a household would need an annual income of $46,040 to comfortably afford a 2-bedroom home in Roanoke.
What's New on the Blog

Explore recent posts across our blog, which is curated for renters, landlords, and industry pros.

List Your Property For Rent

Are You a Rental Professional?

Advertise on RentalSource, Zillow, Realtor.com, Zumper and more to attract quality tenants faster and take your listings to the next level.