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modified
5+ Days Ago

Highlights

  • Dishwasher
  • Hardwood floors
  • Off-street parking
  • Stainless steel appliances
  • Linen closet
  • Granite countertops

Location

516 Elm Ave Sw, Roanoke, VA 24016, USA|Old Southwest

Property Overview

This property features modern amenities including stainless steel appliances, hardwood floors, and granite countertops, complemented by off-street parking and ample storage options. Conveniently located near top-rated schools, numerous parks, and a variety of cultural attractions, it supports an active lifestyle while providing a quiet environment ideal for remote work. With a strong value per square foot compared to local market trends and extensive images available, this property presents a comprehensive appeal to prospective renters.

This summary uses Zumper’s proprietary data. “Things you’ll love” and “Great for” are based on our internal analyses of market trends and renter insights.

Things you’ll love

  • More space
  • Elementary school nearby
  • Dishwasher

Great for

  • Eco living
  • Social life
  • Work-from-home

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3 Beds

$1,800

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1118 Maywood Dr

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$1,895

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3 Beds

$2,150

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Hollins • 1530 East Pointe Blvd NE

3 Beds

$1,925–$2,025

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Rent trends in Old Southwest

Median rents as of Jun 20 2026.
Old Southwest
Roanoke
A table of studio rental data trends in Roanoke
MonthMedian Rent
July 2024$1,077
August 2024$926
September 2024$817
October 2024$783
November 2024$697
December 2024$746
January 2025$936
February 2025$839
March 2025$811
April 2025$806
May 2025$808
June 2025$865
July 2025$895
August 2025$1,002
September 2025$700
October 2025$719
November 2025$790
December 2025$773
January 2026$755
February 2026$751
March 2026$754
April 2026$880
May 2026$887
June 2026$894
A table of studio rental data trends in Old Southwest
MonthMedian Rent
December 2025$749

Rent history

The increase or decrease in monthly rent compared to the previous listing price.
Check out the past listing prices for monthly rent at 516 Elm Ave Sw, Roanoke, VA.
4 months ago$2,100

Schools near 516 Elm Ave Sw

Highland Park Elementary School

1212 5th st sw

roanoke, VA, 24016

PK, K-5Public
B
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Internet available near 516 Elm Ave Sw

Getting around Roanoke near 516 Elm Ave Sw

Walking

7/10
Grab your reusable bags–many shops and stores are within walking distance.

Driving

7/10
This area is close to freeways and has adequate parking options.

Cycling

7/10
Peddling isn’t a problem with cyclist-friendly streets and bikeable destinations.

Transit

4/10
There are a few mass transit options within the area.

Points of interest for 516 Elm Ave Sw, Roanoke

Groceries

9/10
At least one supermarket within a 10-minute walk

Shopping

5/10
Several shops within walking distance

Cafes

4/10
Some cafés within a few minutes’ walk

Restaurants

6/10
Some restaurants within a few minutes’ walk

Primary schools

9/10
At least one elementary school within a 10-minute walk

High schools

6/10
At least one high school within a 20-minute walk

Nightlife

4/10
Some bars within walking distance

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1 Bedroom apartment rentals in Roanoke57 listings

57 listings

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