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416 Salem LLC is rated highly overall, with strong scores for price, location, quality, amenities, and trustworthiness, making it a well-rounded choice. It also offers fitness and social conveniences like a resident lounge, cardio and training room, parking, and in-unit laundry, while nearby transit, walkability, parks, restaurants, and work-from-home resources add to its appeal.
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Wellness| 1BR/1.0BA | 1 bed | 1 bath | 545 sqft | $1,075 /mo | 1 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 |
Let's explore this property.
Apartment Amenities
| Trash |
Building
| Sewer |
Other
| City Water |
One-time.
One-time. Refundable.
| Units | 7 |
|---|
***$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
How 416 Salem LLC compares to other nearby properties.
Positives
Considerations
1-bedroom apartments at 416 Salem LLC cost about 7% less than the average rent price for 1-bedroom apartments in Downtown Roanoke.
| Month | Median Rent |
|---|---|
| September 2024 | $795 |
| 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 | $882 |
| August 2026 | $896 |
| September 2026 | $1,034 |
| 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 416 Salem Ave Sw?
Bedrooms
1 bedroomRent-to-income ratio
30%
$43,000/yr
1212 5th st sw
roanoke, VA, 24016
Cave Spring • 4356 Garst Mill Rd
1–3 Beds
$947–$1,650
Cave Spring • 4356 Garst Mill Rd
1–3 Beds
$947–$1,650
