Homes & Apartments for Rent in Roanoke, VA 24017

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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

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As of October 2026, Roanoke's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Roanoke's average rent is 33.5% ($596) lower than the Virginia average of $1,777 and 35.1% ($638) lower than the U.S. average of $1,819.

Average Rent
$1,181
Monthly ChangeMonth Over Month Change
Increased3.7% ($42)
Yearly ChangeYear Over Year Change
Increased6% ($67)
Avg. Days on MarketAverage Days on Market
31
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $1,004 Decreased3.5% ($36) Decreased4.7% ($50)
2 Beds $1,257 Increased0.2% ($2) Increased7.1% ($83)
3 Beds $1,690 Decreased6.2% ($111) Increased18.6% ($265)
Nearby Cities Average Rent Avg. Rent vs. RoanokeAverage Rent vs. Roanoke Avg. Days on MarketAverage Days on Market
Vinton $1,411 Increased19.5% ($230) 33 days
Daleville $1,914 Increased62.1% ($733) 36 days
Salem $1,465 Increased24% ($284) 37 days
Rental market trends are calculated using listing data from RentalSource.
Frequently Asked Questions
Roanoke Rental Market FAQs

Explore rental prices, market conditions, and affordability in Roanoke, VA.

The average rent in Roanoke, VA is $1,181 per month.
In Roanoke, the average rent for a 1-bedroom home is $1,004 per month, for a 2-bedroom home, $1,257 per month, and a 3-bedroom home is $1,690 per month.
The average rent in Roanoke is 35.1% ($638) lower than the national average of $1,819 per month.
The rental market in Roanoke, VA, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.
Based on the current averages, a household would need an annual income of $50,280 to comfortably afford a 2-bedroom home in Roanoke.
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