Updated 13 Hours Ago
Location
716 5th St Sw, Roanoke, VA 24016, USA|Old Southwest
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Floor plans
| 1BR/1.0BA | 1 bed | 1 bath | 900 sqft | $1,395 /mo | 1 unit available | **AVAILABLE NOW** - Within walking distance to YMCA, restaurants, breweries & downtown. - ONE LEVEL LIVING with 1 bedroom plus office. 900 sqft - Offers open layout for living space & dining area - Featuring a fantastic wall of windows, 11’ ceilings, hardwood floors & ceiling fans. - Eat-in kitchen with SS appliances including DW & gas cooking, granite counter tops & subway tile backsplash. - Ceramic tile bath with clawfoot tub and shower. - Bedroom with walk-in closet & stacked washer/dryer provided. - Freshly painted - Front & rear entrances, inviting outdoor space plus off-street parking. - Central heating & air and gas log fireplace. - Tenant responsible for gas & electric. Water is included. - Attached Commercial space available for additional monthly rent. *This property is located in the rear of the Park Place office (445 Elm Ave SW)* **Credit check with 625+ score required prior to showing appointment. **Pets: Case by Case **Sec Dep: $1395; App Fee $50/per Managed By: Park Place Realtors 445 Elm Ave SW Roanoke, VA 24016 www PPRVA com |
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Amenities for 5th/716
Apartment Amenities
| Laundry in Apartment |
Appliances
| Dishwasher | In-Unit Laundry |
| Microwave Built In | Range |
| Refrigerator | Stackable Washer & Dryer |
| Stove | Washer and Dryer |
Tech
| Free WiFi |
Building
| Onsite Laundry | Water/Sewer |
Grounds
| Off-Street Parking | Outdoor Space |
Services
| Snow Removal | Yard Maintenance |
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.
Policies and fees
Applicants
Applicants
One-time.
Contact Property
REQUIRED FEES
Security Deposit
One-time. Refundable.
Contact Property
Building details
Property details
| Units | 2 |
|---|
About 5th/716
**AVAILABLE NOW** - Within walking distance to YMCA, restaurants, breweries & downtown. - ONE LEVEL LIVING with 1 bedroom plus office. 900 sqft - Offers open layout for living space & dining area - Featuring a fantastic wall of windows, 11’ ceilings, hardwood floors & ceiling fans. - Eat-in kitchen with SS appliances including DW & gas cooking, granite counter tops & subway tile backsplash. - Ceramic tile bath with clawfoot tub and shower. - Bedroom with walk-in closet & stacked washer/dryer provided. - Freshly painted - Front & rear entrances, inviting outdoor space plus off-street parking. - Central heating & air and gas log fireplace. - Tenant responsible for gas & electric. Water is included. - Attached Commercial space available for additional monthly rent. *This property is located in the rear of the Park Place office (445 Elm Ave SW)* **Credit check with 625+ score required prior to showing appointment. **Pets: Case by Case **Sec Dep: $1395; App Fee $50/per Managed By: Park Place Realtors 445 Elm Ave SW Roanoke, VA 24016 www PPRVA com
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Rent trends in Old Southwest
1-bedroom apartments at 5th/716 cost about 54% more than the average rent price for 1-bedroom apartments in Old Southwest.
Median rents as of Nov 7 2026.
Old Southwest
Roanoke
| Month | Median Rent |
|---|---|
| November 2024 | $595 |
| 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 | $892 |
| July 2026 | $882 |
| August 2026 | $896 |
| September 2026 | $984 |
| October 2026 | $918 |
| November 2026 | $750 |
| Month | Median Rent |
|---|---|
| December 2025 | $749 |
Affordability calculator
Can I afford to live at 716 5th St Sw?
Bedrooms
1 bedroomRent-to-income ratio
30%
Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income
$55,800/yr
With your selected rent-to-income ratio, you'd ideally want to make $55,800 annually to afford this 1-bedroom monthly rent price of $1,395.
For more information on rent affordability, visit our rent calculator.
Schools near 5th/716
Highland Park Elementary School
1212 5th st sw
roanoke, VA, 24016
PK, K-5Public
B
Getting around Roanoke near 716 5th St Sw
Walking
7/10
Grab your reusable bags–many shops and stores are within walking distance.
Driving
9/10
Commuting is easy with multiple accessible routes and plenty of parking.
Cycling
7/10
Peddling isn’t a problem with cyclist-friendly streets and bikeable destinations.
Transit
5/10
Frequent public transit options are within walking distance.
Points of interest for 716 5th St Sw, Roanoke
Groceries
9/10
At least one grocery store within a few minutes' walk
Shopping
5/10
Some shops within walking distance
Cafes
5/10
Some cafés within walking distance
Restaurants
6/10
Some restaurants within walking distance
Primary schools
9/10
At least one elementary school within a 5-minute walk
High schools
5/10
At least one high school within a 30-minute walk
Nightlife
4/10
Few or no bars within walking distance
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