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The Cotton Mill Lofts is a highly rated community with an overall expert score of 8.1, including excellent marks for price, amenities, location, and trustworthiness, offering strong value per square foot in its area. It supports an eco-conscious lifestyle with walkability, abundant parks, and on-site recycling or composting, while also providing a vibrant social scene with extensive dining and entertainment options nearby. The quiet environment, multiple coworking-friendly spots, and solid local infrastructure make it well suited to remote workers.
Things you’ll love
More spaceGreat for
Eco living
Work-from-home
Social life| 1BR/1.0BA | 1 bed | 1 bath | 830+ sqft | $1,395–$1,495 /mo | 2 units available | Originally built in 1925, The Cotton Mill Lofts is a beautifully restored historic textile mill that has been transformed into modern loft apartments. Blending luxury with rich character, this one bedroom/one bath unit with a loft features original maple wood flooring and exposed timber beams This unit features an atrium view and is complete with stainless steel appliances and an in-unit washer and dryer. Access to off-street parking is included. A $145.00 utility fee covers water, sewer, trash, and Wi-Fi. Tenant responsible for Appalachian Power electric billed through Conservice. Pets are welcome with a $250.00 deposit and $30.00 monthly pet rent. |
Let's explore this property.
Apartment Amenities
| Air Conditioning |
Appliances
| Central A/C | Dishwasher |
| In-Unit Laundry | Microwave |
| Oven | Range |
| Refrigerator | Stove |
| Washer and Dryer |
Tech
| Fiber High-Speed Internet |
Building
| Bike Storage Room | Cats OK |
| Community Game Room | Dogs OK |
| Fitness Center | Onsite Fitness Center |
Grounds
| Community Courtyard | Free Off Street Parking |
| Outdoor Space | Storage |
Services
| Water, Sewer & Trash |
One-time.
One-time. Refundable.
Monthly.
Monthly.
Monthly.
Monthly.
1 cat max.
1 dog max.
Questions about this property’s policies and fees?
| Units | 108 |
|---|
Originally built in 1925, The Cotton Mill Lofts is a beautifully restored historic textile mill that has been transformed into modern loft apartments. Blending luxury with rich character, this one bedroom/one bath unit with a loft features original maple wood flooring and exposed timber beams This unit features an atrium view and is complete with stainless steel appliances and an in-unit washer and dryer. Access to off-street parking is included. A $145.00 utility fee covers water, sewer, trash, and Wi-Fi. Tenant responsible for Appalachian Power electric billed through Conservice. Pets are welcome with a $250.00 deposit and $30.00 monthly pet rent.
How The Cotton Mill Lofts compares to other nearby properties.
Positives
Considerations
1-bedroom apartments at The Cotton Mill Lofts cost about 20% more than the average rent price for 1-bedroom apartments in Downtown Roanoke.
| Month | Median Rent |
|---|---|
| August 2024 | $947 |
| 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 | $882 |
| August 2026 | $848 |
| 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 505 6th St Sw?
Bedrooms
1 bedroomRent-to-income ratio
30%
$55,800/yr
1125 sherwood ave sw
roanoke, VA, 24015
Downtown Roanoke | Roanoke, VA
