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Location

1601 Memorial Ave Sw #Sw, Roanoke, VA 24015, USA|Raleigh Court
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Contact

Management

SWVA Management Group, LLC

Leasing office

(540) 798-9806

Floor plans

1BR/1.0BA1 bed1 bath$800 /mo1 unit available1601 Memorial Ave SW Apt. 1 Roanoke VA 24015 This is apartment is located in the Grandin Area. Within walking distance of The Grandin Theatre, Roanoke Co-Op, many restaurants and stores. It's a one bedroom, large living room and kitchen, one bathroom. The tenant is responsible for electricity. Laundry is on site. Stove and Refrigerator included. Rent is $800 per month, security deposit is $800. The Security deposit and first month's rent is due prior to moving in. Total move in cost is $1,600.00 *** This is a non smoking unit, absolutely NO smoking in the apartment*** **This unity requires online payment** $50 application fee for anyone over 18 Qualifications: Must take home 3x the monthly rent amount. Must have a credit score of 600 or higher. No prior evictions or judgements. Please drive by property first. If you’re interested in seeing the inside after doing so, we are happy to set up a tour.

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Amenities for Memorial Ave, SW, 1601

Appliances

RangeRefrigerator
Stove
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

Units10

About Memorial Ave, SW, 1601

HomeApartments in RoanokeRaleigh Court Memorial Ave, SW, 1601

1601 Memorial Ave SW Apt. 1 Roanoke VA 24015 This is apartment is located in the Grandin Area. Within walking distance of The Grandin Theatre, Roanoke Co-Op, many restaurants and stores. It's a one bedroom, large living room and kitchen, one bathroom. The tenant is responsible for electricity. Laundry is on site. Stove and Refrigerator included. Rent is $800 per month, security deposit is $800. The Security deposit and first month's rent is due prior to moving in. Total move in cost is $1,600.00 *** This is a non smoking unit, absolutely NO smoking in the apartment*** **This unity requires online payment** $50 application fee for anyone over 18 Qualifications: Must take home 3x the monthly rent amount. Must have a credit score of 600 or higher. No prior evictions or judgements. Please drive by property first. If you’re interested in seeing the inside after doing so, we are happy to set up a tour.


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 Memorial Ave, SW, 1601 compares to other nearby properties.

Considerations

Lacks images
Fewer than 5 photos available for this property
No laundry facilities available
This property doesn't offer on-site washers and dryers

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Rent trends in Raleigh Court

1-bedroom apartments at Memorial Ave, SW, 1601 cost about 11% less than the average rent price for 1-bedroom apartments in Raleigh Court.

Median rents as of Oct 10 2026.
Raleigh Court
Roanoke
A table of studio rental data trends in Roanoke
MonthMedian Rent
October 2024$795
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$984
October 2026$952
A table of studio rental data trends in Raleigh Court
MonthMedian Rent
May 2025$970
August 2025$1,045
September 2025$1,045

Affordability calculator

Can I afford to live at 1601 Memorial Ave Sw #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

$32,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $32,000 annually to afford this 1-bedroom monthly rent price of $800.
For more information on rent affordability, visit our rent calculator.

Schools near Memorial Ave, SW, 1601

Virginia Heights Elementary School

1210 amherst ave sw

roanoke, VA, 24015

PK, K-5Public
B-
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Getting around Roanoke near 1601 Memorial Ave Sw #Sw

Walking

5/10
Some shops and stores are within a few minutes.

Driving

7/10
This area is close to freeways and has adequate parking options.

Cycling

7/10
Peddling isn’t a problem with cyclist-friendly streets and bikeable destinations.

Transit

4/10
There are a few mass transit options within the area.

Points of interest for 1601 Memorial Ave Sw #Sw, Roanoke

Groceries

5/10
At least one grocery store within a 30-minute walk

Shopping

3/10
Some shops within walking distance

Cafes

5/10
Some cafés within walking distance

Restaurants

5/10
Some restaurants within walking distance

Primary schools

9/10
At least one elementary school within a 5-minute walk

High schools

4/10
No high schools within a 30-minute walk

Nightlife

4/10
Few or no bars within walking distance

Explore the area around 1601 Memorial Ave Sw #Sw

Roanoke Co+Op
1319 Grandin Rd SW
Libby's
1132 Salem Ave SW
Sunnyside Market
502 Mountain Ave SW
Kroger
614 Brandon Ave SW
The Fresh Market
2207 Colonial Ave SW

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