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The Owl Lofts offers strong overall value with a 9/10 expert rating, standout pricing, and a solid mix of quality, location, and trustworthiness. It also features controlled access, a fitness center, stainless steel appliances, and a dishwasher, while appealing to renters interested in social life, work-from-home convenience, and fitness and wellness.
Things you’ll love
Elementary school nearbyHigh school nearbyLess expensiveGreat for
Work-from-home
Social life
Wellness| 1BR/1.0BA | 1 bed | 1 bath | 528 sqft | $970 /mo | 1 unit available | The Owl Lofts 120 Luck Ave SW Roanoke, VA 24011 Application Process: • $50 app fee per person • Application result determines security deposit amount (typically one month's rent). • Verifiable income of 3x monthly rent is required. • If a co-signer is required, their income must be 5x monthly rent amount. $110 Amenity Fee includes: 1GB High Speed Internet, Access to Fitness Room, Stadium-Seated Movie Theater (located at sister property). RENTAL FEATURES In-Unit Washer/Dryer Dishwasher Microwave Garbage disposal Stainless steel appliances Central A/C Ceiling fans Double pane / Storm windows Cable-ready 1 GB High-speed internet Original hardwood or concrete flooring High / Vaulted ceiling COMMUNITY FEATURES Vintage building Loft layout Secured entry Controlled access Fitness center available 1 block away at sister property Near transportation Discount on covered parking through Park Roanoke On-street parking Pet Policy: • $150 Refundable pet deposit • $150 One-time pet fee for each dog or $75 per cat. • $25 monthly pet rent. • Larger dog breeds will be considered. • Must show documentation that male cats have been neutered **Photos and video tour linked to listing may not be of the apartment available for rent, but an example apartment from the building. Please inquire by email with any questions** Nearly 100 years ago, the Owl Garage was a bold idea: Create Roanoke’s only 24-hour service shop and become a household name in the new automobile market. From the award-winning creators of The Lofts at West Station, Parkway 301 and the 416 MicroFarms, The Owl Lofts brings a building rich in history back to life with cutting edge design, a commitment to sustainability, top flight resident services to the heart of downtown. |
Let's explore this property.
Apartment Amenities
| Trash | Water |
Building
| Sewer |
One-time.
One-time. Refundable.
| Units | 18 |
|---|
The Owl Lofts 120 Luck Ave SW Roanoke, VA 24011 Application Process: • $50 app fee per person • Application result determines security deposit amount (typically one month's rent). • Verifiable income of 3x monthly rent is required. • If a co-signer is required, their income must be 5x monthly rent amount. $110 Amenity Fee includes: 1GB High Speed Internet, Access to Fitness Room, Stadium-Seated Movie Theater (located at sister property). RENTAL FEATURES In-Unit Washer/Dryer Dishwasher Microwave Garbage disposal Stainless steel appliances Central A/C Ceiling fans Double pane / Storm windows Cable-ready 1 GB High-speed internet Original hardwood or concrete flooring High / Vaulted ceiling COMMUNITY FEATURES Vintage building Loft layout Secured entry Controlled access Fitness center available 1 block away at sister property Near transportation Discount on covered parking through Park Roanoke On-street parking Pet Policy: • $150 Refundable pet deposit • $150 One-time pet fee for each dog or $75 per cat. • $25 monthly pet rent. • Larger dog breeds will be considered. • Must show documentation that male cats have been neutered **Photos and video tour linked to listing may not be of the apartment available for rent, but an example apartment from the building. Please inquire by email with any questions** Nearly 100 years ago, the Owl Garage was a bold idea: Create Roanoke’s only 24-hour service shop and become a household name in the new automobile market. From the award-winning creators of The Lofts at West Station, Parkway 301 and the 416 MicroFarms, The Owl Lofts brings a building rich in history back to life with cutting edge design, a commitment to sustainability, top flight resident services to the heart of downtown.
How The Owl Lofts compares to other nearby properties.
Positives
Considerations
1-bedroom apartments at The Owl Lofts cost about 16% less than the average rent price for 1-bedroom apartments in Downtown Roanoke.
| Month | Median Rent |
|---|---|
| July 2024 | $895 |
| 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 | $892 |
| July 2026 | $879 |
| Month | Median Rent |
|---|---|
| September 2024 | $795 |
| October 2024 | $695 |
| November 2024 | $595 |
| January 2025 | $665 |
| February 2025 | $659 |
| March 2025 | $739 |
| April 2025 | $770 |
| May 2025 | $673 |
| June 2025 | $595 |
| July 2025 | $595 |
| August 2025 | $595 |
| October 2025 | $595 |
| November 2025 | $595 |
| December 2025 | $595 |
| January 2026 | $595 |
| April 2026 | $595 |
| June 2026 | $840 |
| July 2026 | $840 |
Can I afford to live at 120 Luck Ave Sw?
Bedrooms
1 bedroomRent-to-income ratio
30%
$38,800/yr
1212 5th st sw
roanoke, VA, 24016
Downtown Roanoke | Roanoke, VA
