Zumper
modified
2 Hours Ago

Highlights

  • * stainless steel appliances
  • * fitness room
  • * resident lounge
  • * stack washer-dryers
  • * onsite parking (1 space)
  • * modern ceiling fans

Location

416 Salem Ave Sw, Roanoke, VA 24016, USA|Downtown Roanoke
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Contact

Management

The Richmond Loft Company, LLC

Leasing office

(804) 223-0660

Property Overview

416 Salem LLC presents an impressive combination of high ratings across various criteria, including an overall Zumper rating of 8.7, a price rating of 9, and notable features such as stainless steel appliances and a fitness room. The property offers excellent amenities, a prime location with easy access to schools and services, and transparency in management practices. Additionally, it supports an active lifestyle with abundant nearby parks, grocery stores, and cultural venues, making it a well-rounded choice for renters seeking convenience and community engagement.

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

Zumper Expert Rating

8.7
Very Good
With a solid 8.7 out of 10 overall, 416 Salem LLC is a great option for renters. While some aspects, like Trustworthiness, might not be as distinguished as other properties nearby, 416 Salem LLC has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.

Things you’ll love

  • Middle school nearby

Great for

  • Eco living
  • Work-from-home
  • Wellness

Floor plans

1BR/1.0BA1 bed1 bath545 sqft$1,075 /mo1 unit available***$500 Security Deposit For Qualified Applicants*** 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

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Amenities for 416 Salem LLC

Apartment Amenities

Trash

Building

Sewer

Other

City Water
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

Units7
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About 416 Salem LLC

HomeApartments in RoanokeDowntown Roanoke 416 Salem LLC

***$500 Security Deposit For Qualified Applicants*** 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


Zumper Expert Rating

Our expert rating is based on a weighted average score of property attributes that renters care about most: price, amenities, location, quality, and trust.
8.7
/10
Very Good
With a solid 8.7 out of 10 overall, 416 Salem LLC is a great option for renters. While some aspects, like Trustworthiness, might not be as distinguished as other properties nearby, 416 Salem LLC has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.
How we rated 416 Salem LLC
Price·9A score that weighs the cost and location of the property, which we calculate by comparing rent prices of recent units to the median price of nearby rentals, adjusting for overall quality and features.
416 Salem LLC stands out with a remarkable rating of 9/10 for its cost per bedroom compared to other rentals in the area. Considering the excellent balance between price, convenience, and comfort that it provides, residents enjoy a high-quality living experience.
Amenities·8A score based on the amenities offered at this property compared to other rentals in the area. We consider the quantity, quality, and popularity of features both on site and within the units.
With multiple in-demand amenities, 416 Salem LLC is committed to enhancing the renting experience. And while it may have fewer total conveniences and features than similar rentals nearby, it remains a top choice for renters wanting an specific standard of living.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
416 Salem LLC is exceptional when it comes to location and conveniences. Communication with management or leasing staff is usually quick and easy and they often use advanced scheduling and communication tools to streamline the process. The location of this property offers easy access to popular points of interest in the area and options for getting around.
Quality·9A score based on what makes the property stand out, such as luxury features, unique offerings, age of the building, and our ability to verify the accuracy of these details.
416 Salem LLC has a few standout characteristics that set it apart from similar properties nearby. Having both verified status and features that cater to discerning renters, this is a great option for renters looking for a specific and exceptional lifestyle.
Trustworthiness·8A score based on the accuracy, completeness, recency, and usefulness of the information provided by this property, so you can trust that what you see is what you get.
The level of transparency this property provides distinguishes it as a great rental. With a high attention to detail and desirable features, renters can be sure they will get an accurate picture of their potential new home.

416 Salem LLC is great for:

Eco living

  • 26 parks within a mile
  • You can get around by foot in this area
  • Public transit available nearby
  • On-site recycling or composting options

Work-from-home

  • High speed internet is an amenity
  • 4 coworking spaces or cafes within 1 mile
  • 1 internet service provider option nearby
  • 1 office supply store within 1 mile

Wellness

  • There are 17 grocery stores within 1 mile
  • 12 health/wellness centers nearby
  • 25 gyms or yoga centers nearby
  • 26 parks nearby

Property highlights

We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.

How 416 Salem LLC compares to other nearby properties.

Positives

Middle school nearby
There is a middle school 1 mile away

Considerations

Greater distance from grade schools
The nearest elementary school is farther than 1 mile away
Lacks images
Fewer than 10 photos available for this location

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Rent trends in Downtown Roanoke

1-bedroom apartments at 416 Salem LLC cost about 2% more than the average rent price for 1-bedroom apartments in Downtown Roanoke.

Median rents as of Jan 31 2026.
Downtown Roanoke
Roanoke
A table of studio rental data trends in Roanoke
MonthMedian Rent
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$773
January 2026$755
A table of studio rental data trends in Downtown Roanoke
MonthMedian 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
January 2026$595

Affordability calculator

Can I afford to live at 416 Salem Ave Sw?

Bedrooms

1 bedroom

Rent-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

$43,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $43,000 annually to afford this 1-bedroom monthly rent price of $1,075.
For more information on rent affordability, visit our rent calculator.

Schools near 416 Salem LLC

Highland Park Elementary School

1212 5th st sw

roanoke, VA, 24016

PK, K-5Public
B
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Internet available near 416 Salem LLC

Getting around Roanoke near 416 Salem Ave Sw

Walking

6/10
Some shops and stores are within a few minutes.

Driving

10/10
Commuting is easy with multiple accessible routes and plenty of parking.

Transit

6/10
Frequent public transit options are within walking distance.

Points of interest for 416 Salem Ave Sw, Roanoke

Groceries

9/10
At least one grocery store within a few minutes' walk

Shopping

5/10
Variety of 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

7/10
At least one high school within a 20-minute walk

Nightlife

4/10
Few or no bars within walking distance

Explore the area around 416 Salem Ave Sw

Big Pine Trout
501 Campbell Ave SW
Jennifer Grocery
Sunnyside Market
502 Mountain Ave SW
Mast General Store
401 S Jefferson St
Market Square Seafood Co
108 Campbell Ave SE

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