Highlights
- Resident lounge
- Stainless steel appliances
- Onsite parking
- Fitness room
- Stack washer-dryers
- Cardio & training room
Location
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Property management
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416 Salem LLC is an exceptional rental option, highlighted by an impressive Zumper expert rating of 8.7 out of 10, reflecting its strong overall value, competitive pricing, and excellent amenities including a resident lounge, fitness room, and onsite parking. The property earns high marks for its location, providing easy access to numerous parks, dining, and entertainment venues, making it conducive to a vibrant social life and environmental sustainability. With a quality rating of 9 out of 10, it stands out as a trustworthy choice for renters seeking a well-rounded living experience.
Things you’ll love
Great for
| 1BR/1.0BA | 1 bed | 1 bath | 545 sqft | $1,075 /mo | 1 unit available | 416 MicroFarms 416 Salem Ave. SW Roanoke, VA 24011 Features Include: Use of the Lofts at West Station’s 25 Seat Hi-Def Movie Theater, Cardio & Training room & Resident Lounge Onsite parking (1 space) Skywire High Speed Internet Stack Washer-Dryers in all units Track Lighting & Modern Ceiling Fans Custom Bamboo Cabinets & Richlite Paper Stone Counters Stainless Steel Appliances Including Dishwasher & Microwave Beautiful finished concrete Floors And Custom Maple Vanities Top of the line Solar Shades and Screen Doors On-Site Trash Individual Rain Barrels and Raised Planter Beds $110 Amenity Fee includes: 1Gig High Speed Internet, Fitness Room, Stadium-Seated Movie Theater (located in Phase 1 building). 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 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. **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** Neighborhood Dining: Big Lick Brewing Co.: Roanoke's favorite local brewery featuring downtown's largest outdoor beer garden with live music several times a week. Roanoker Magazine 2020 Winner - Best Local Craft Brewing Company. Savor Virginia, Silver Medals -Best Brewery in Virginia for IPA, Best Brewery Tasting Room. Tuco's Taqueria Garaje: Tiny taqueria and tequila bar in a former auto shop. Roanoker Magazine 2020 Winner--Best Tacos in Roanoke. The 416 micro farms is Roanoke's first live-grow community, located in the heart of Downtown's West Station District. An adaptive re-use of a 100-year-old warehouse, the building includes seven live-grow, 1-BR apartments. Equal Housing Opportunity property. WWW 416MICROFARMS COM |
Let's explore this property.
Apartment Amenities
| Trash |
Building
| Sewer |
Other
| City Water |
One-time.
One-time. Refundable.
| Units | 7 |
|---|
416 MicroFarms 416 Salem Ave. SW Roanoke, VA 24011 Features Include: Use of the Lofts at West Station’s 25 Seat Hi-Def Movie Theater, Cardio & Training room & Resident Lounge Onsite parking (1 space) Skywire High Speed Internet Stack Washer-Dryers in all units Track Lighting & Modern Ceiling Fans Custom Bamboo Cabinets & Richlite Paper Stone Counters Stainless Steel Appliances Including Dishwasher & Microwave Beautiful finished concrete Floors And Custom Maple Vanities Top of the line Solar Shades and Screen Doors On-Site Trash Individual Rain Barrels and Raised Planter Beds $110 Amenity Fee includes: 1Gig High Speed Internet, Fitness Room, Stadium-Seated Movie Theater (located in Phase 1 building). 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 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. **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** Neighborhood Dining: Big Lick Brewing Co.: Roanoke's favorite local brewery featuring downtown's largest outdoor beer garden with live music several times a week. Roanoker Magazine 2020 Winner - Best Local Craft Brewing Company. Savor Virginia, Silver Medals -Best Brewery in Virginia for IPA, Best Brewery Tasting Room. Tuco's Taqueria Garaje: Tiny taqueria and tequila bar in a former auto shop. Roanoker Magazine 2020 Winner--Best Tacos in Roanoke. The 416 micro farms is Roanoke's first live-grow community, located in the heart of Downtown's West Station District. An adaptive re-use of a 100-year-old warehouse, the building includes seven live-grow, 1-BR apartments. Equal Housing Opportunity property. WWW 416MICROFARMS COM
How 416 Salem LLC compares to other nearby properties.
Positives
Considerations
1-bedroom apartments at 416 Salem LLC cost about 1% less than the average rent price for 1-bedroom apartments in Downtown Roanoke.
| Month | Median Rent |
|---|---|
| December 2023 | $888 |
| January 2024 | $888 |
| February 2024 | $750 |
| March 2024 | $810 |
| April 2024 | $950 |
| May 2024 | $950 |
| June 2024 | $1,042 |
| 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 | $761 |
| Month | Median Rent |
|---|---|
| March 2024 | $775 |
| June 2024 | $950 |
| 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 |
Can I afford to live at 416 Salem Ave Sw?
Bedrooms
1 bedroomRent-to-income ratio
30%
$43,000/yr
1212 5th st sw
roanoke, VA, 24016