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Parkway 301 offers a strong mix of value, convenience, and amenities, with an 8/10 overall Zumper Expert Rating and top-tier value for money. It also stands out for work-from-home, fitness, and social life appeal, supported by features like a fitness center, elevator, in-unit washer/dryer, dishwasher, and nearby dining, parks, cultural venues, and health-focused options.
Things you’ll love
Less expensiveEco-friendly trash disposalGreat for
Social life
Wellness
Work-from-home| 1BR/1.0BA | 1 bed | 1 bath | 435+ sqft | $845–$995 /mo | 3 units available | Parkway 301 - Downtown Living At Its Best www parkway301 com www richmondloftco com 301 1st. 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: 1Gig High Speed Internet, Fitness Room, Stadium-Seated Movie Theater. Features Include: • Washer/Dryer In Unit • Freezer w/Ice Maker • Dishwasher • Microwave • Garbage Disposal • Central A/C • Ceiling Fans • Skywire High Speed Internet • Terrazzo Floors • Track Lighting & Ceiling Fans • Richlite Paper Stone Counters • Solid Core, Ebony Stained Pocket Doors • ADA Compliant COMMUNITY FEATURES • Elevator • Disability access • Fitness center • Secured Entry with Key Card Access • Near transportation • Discount on covered parking through Park Roanoke • On-street parking • Garage -- Detached 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** Located in the same building: Fortunato: Farm-to-Table Italian featuring the best Neapolitan pizzas and hand made pasta in Roanoke. 4.8 star rating with over 600 reviews on Open Table. Stellina: An impossibly tiny bar known for the best hand crafted cocktails in the Roanoke Valley. Voted #1 Nightlife in Roanoke by TripAdvisor and featured as one of the country's 10 Best Tiny Bars by the New York Post. Located in downtown Roanoke. Residents can walk to over 60 restaurants, wine bars and nightspots. This adaptive re-use project included the renovation of a seven story, 100-year-old office building in the heart of downtown Roanoke. Formerly known as the Shenandoah Building, the name was changed to Parkway 301 to pay tribute to the building's past as the Birthplace of the Blue Ridge Parkway. Equal Housing Opportunity |
Let's explore this property.
Apartment Amenities
| Trash | Water |
Building
| Sewer |
One-time.
One-time. Refundable.
| Units | 89 |
|---|
Parkway 301 - Downtown Living At Its Best www parkway301 com www richmondloftco com 301 1st. 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: 1Gig High Speed Internet, Fitness Room, Stadium-Seated Movie Theater. Features Include: • Washer/Dryer In Unit • Freezer w/Ice Maker • Dishwasher • Microwave • Garbage Disposal • Central A/C • Ceiling Fans • Skywire High Speed Internet • Terrazzo Floors • Track Lighting & Ceiling Fans • Richlite Paper Stone Counters • Solid Core, Ebony Stained Pocket Doors • ADA Compliant COMMUNITY FEATURES • Elevator • Disability access • Fitness center • Secured Entry with Key Card Access • Near transportation • Discount on covered parking through Park Roanoke • On-street parking • Garage -- Detached 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** Located in the same building: Fortunato: Farm-to-Table Italian featuring the best Neapolitan pizzas and hand made pasta in Roanoke. 4.8 star rating with over 600 reviews on Open Table. Stellina: An impossibly tiny bar known for the best hand crafted cocktails in the Roanoke Valley. Voted #1 Nightlife in Roanoke by TripAdvisor and featured as one of the country's 10 Best Tiny Bars by the New York Post. Located in downtown Roanoke. Residents can walk to over 60 restaurants, wine bars and nightspots. This adaptive re-use project included the renovation of a seven story, 100-year-old office building in the heart of downtown Roanoke. Formerly known as the Shenandoah Building, the name was changed to Parkway 301 to pay tribute to the building's past as the Birthplace of the Blue Ridge Parkway. Equal Housing Opportunity
Showing 6 highest rated
I called Parkway 301 home for 4 years, and being situated in the heart of downtown Roanoke, you have everything that you need at your disposal. Restaurants, parking, and the energy of downtown on a quiet, tree lined street. The management is unparalleled, and addresses any issues that you may have immediately. If you're looking for a great apartment in downtown Roanoke, Parkway 301 is in a league of it's own, and the unobstructed view from the top floor is pretty incredible!
Jeff Loope
Jan 24, 2018
Living in Parkway is great. Close to everything, great gym, clean building and good management. Highly recommend.
S. Coppedge
Jan 23, 2018
We’re sharing just 6 of many, sorted highest to lowest. Visit the Google business profile to view all reviews.
How Parkway 301 compares to other nearby properties.
Positives
Considerations
1-bedroom apartments at Parkway 301 cost about 31% less than the average rent price for 1-bedroom apartments in Downtown Roanoke.
| Month | Median Rent |
|---|---|
| November 2024 | $662 |
| 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 |
| Month | Median Rent |
|---|---|
| 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 301 1st St Sw?
Bedrooms
1 bedroomRent-to-income ratio
30%
$33,800/yr
1212 5th st sw
roanoke, VA, 24016
Cave Spring • 4356 Garst Mill Rd
1–2 Beds
$953–$1,441
Total Monthly Price. The price shown reflects a 12-month lease and includes base rent and all known required monthly fees, based on information provided by the property.
5035 Ridge Trail Run
2–3 Beds
$1,143–$1,316
Total Monthly Price. The price shown includes base rent and all known required monthly fees, based on information provided by the property.
Washington Park • 416 Hanover Ave Nw
2 Beds
$975
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.South Washington Heights • 3802 Panorama Ave Nw
2 Beds
$895
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.Melrose-Rugby • 2125 Orange Ave Nw
3 Beds
$995
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.Hurt Park • 1717 Chapman Ave Sw
2 Beds
$1,095
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.Washington Park • 906 Hanover Ave Nw ##Nw
2 Beds
$995
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.Downtown Roanoke • 403 Salem Ave Sw
1 Bed
$995–$1,045
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.Cave Spring • 4356 Garst Mill Rd
1–2 Beds
$953–$1,441
Total Monthly Price. The price shown reflects a 12-month lease and includes base rent and all known required monthly fees, based on information provided by the property.5035 Ridge Trail Run
2–3 Beds
$1,143–$1,316
Total Monthly Price. The price shown includes base rent and all known required monthly fees, based on information provided by the property.Washington Park • 416 Hanover Ave Nw
2 Beds
$975
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.South Washington Heights • 3802 Panorama Ave Nw
2 Beds
$895
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.Melrose-Rugby • 2125 Orange Ave Nw
3 Beds
$995
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.Hurt Park • 1717 Chapman Ave Sw
2 Beds
$1,095
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.Washington Park • 906 Hanover Ave Nw ##Nw
2 Beds
$995
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.Downtown Roanoke • 403 Salem Ave Sw
1 Bed
$995–$1,045
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.
