Rentometer, Inc. | Data as of 10/22/2025
Roanoke’s rental market offers a balanced blend of apartments and single‑family homes, catering to a wide spectrum of renters—from young professionals and graduate students to growing families. The city’s inventory includes a solid mix of one‑ to four‑plus bedroom options, ensuring that both compact living spaces and spacious family homes are readily available. Apartment rents typically sit in the $1200‑$2400 range, with smaller units on the lower end and larger floor plans commanding higher rates. House rentals, meanwhile, span from the $700s for modest studio‑style homes up to the $2000s for expansive four‑plus bedroom properties, reflecting the diversity of neighborhoods and the quality of amenities offered throughout the city.
Key districts such as the historic Old Southwest, vibrant Grandin Village, and the bustling downtown core provide renters with easy access to cultural attractions, eclectic dining, and outdoor recreation along the Roanoke River Greenway. Proximity to Carilion Clinic, Virginia Tech’s Roanoke Center, and numerous business parks makes the area especially attractive for healthcare workers, students, and corporate professionals. The strong rental demand is supported by Roanoke’s growing economy and its reputation as a welcoming, walkable city in western Virginia. Whether you’re seeking a modern apartment steps from nightlife or a family‑friendly house near top‑rated schools, Roanoke’s rental landscape delivers flexibility, convenience, and a vibrant community spirit.
| Property Type | Bedrooms | Average | Median | Min - Max | 25th - 75th |
|---|---|---|---|---|---|
| Apartment | 1 Bedroom | $1,171 | $1,199 | $625 - $1,875 | $999 - $1,400 |
| Apartment | 2 Bedroom | $1,269 | $1,221 | $752 - $2,700 | $1,050 - $1,410 |
| Apartment | 3 Bedroom | $1,665 | $1,520 | $1,002 - $2,562 | $1,399 - $2,005 |
| House | Studio | $1,183 | $645 | $495 - $2,950 | $595 - $2,950 |
| House | 1 Bedroom | $1,072 | $995 | $950 - $1,400 | $995 - $1,100 |
| House | 2 Bedroom | $1,319 | $1,272 | $550 - $2,300 | $1,097 - $1,500 |
| House | 3 Bedroom | $1,696 | $1,600 | $621 - $3,200 | $1,450 - $1,995 |
| House | 4+ Bedroom | $2,045 | $1,897 | $1,395 - $3,950 | $1,747 - $2,290 |
In the current period, the average rent in Roanoke was $1,110 for Studio, $1,163 for 1 Bedroom, $1,298 for 2 Bedroom, $1,694 for 3 Bedroom, and $2,053 for 4+ Bedroom.
Data provided by Rentometer, Inc.