3 Hours Ago
Location
1601 Memorial Ave Sw #Sw, Roanoke, VA 24015, USA|Raleigh Court
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Property Overview
Memorial Ave, SW, 1601 presents an appealing option for renters, illustrated by a strong Zumper expert rating of 8.4. With competitive pricing reflecting a perfect score for value, the property features two spacious bedrooms and stands out for its amenities and prime location, rated 8 and 9 respectively. Additionally, it demonstrates transparency in its listing, ensuring trustworthiness, all while being situated close to a top-rated elementary school.
This summary uses Zumper’s proprietary data. “Zumper Expert Ratings” and “Things you’ll love” are based on our internal analyses of market trends and renter insights.
Things you’ll love
Elementary school nearby- Less expensive
Floor plans
| 2BR/1.0BA | 2 bed | 1 bath | $1,100 /mo | 1 unit available | 1601 Memorial Avenue SW Unit A5 Roanoke Va, 24015 2 bed 1 bath Townhouse Apartment for rent in the Grandin Area. Within walking distance to Restaurants and the iconic Grandin Theatre. Great location.. Updated and has two nice size bedrooms and a full bath.. Roanoke City School District. Available now. Tenant responsible for Electric. We supply a stove and refrigerator. $1100 is the monthly rent amount. $1100 security deposit. First month’s rent plus security deposit is needed to move in. Total move in cost $2200. *** 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
| Range | Refrigerator |
| 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
| Units | 10 |
|---|
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About Memorial Ave, SW, 1601
1601 Memorial Avenue SW Unit A5 Roanoke Va, 24015 2 bed 1 bath Townhouse Apartment for rent in the Grandin Area. Within walking distance to Restaurants and the iconic Grandin Theatre. Great location.. Updated and has two nice size bedrooms and a full bath.. Roanoke City School District. Available now. Tenant responsible for Electric. We supply a stove and refrigerator. $1100 is the monthly rent amount. $1100 security deposit. First month’s rent plus security deposit is needed to move in. Total move in cost $2200. *** 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.
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.
8.4
/10
Very GoodWith a solid 8.4 out of 10 overall, Memorial Ave, SW, 1601 is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, Memorial Ave, SW, 1601 has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.
Price·10A 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.
Memorial Ave, SW, 1601 offers an excellent balance between price and value. It's priced competitively for its amenities, location, and other key features. Compared to the median price per bedroom in the area, this property is less than, or about the same as, nearby rentals, so residents can expect great value without too many compromises on their desired standard of living.
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, Memorial Ave, SW, 1601 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.
Memorial Ave, SW, 1601 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·6A 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.
While Memorial Ave, SW, 1601 does not have many hallmark characteristics to highlight, it has some qualities and features that will resonate with a broad range of renters.
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.
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.
Positives
- Elementary school nearby
- There is an elementary school 0.3 mile away
- Less expensive
- The 2-bedrooms are cheaper than other similar listings nearby
Considerations
- Lacks images
- Fewer than 10 photos available for this location
- No laundry facilities available
- This property doesn't offer on-site or in-unit washers and dryers
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Rent trends in Raleigh Court
2-bedroom apartments at Memorial Ave, SW, 1601 cost about 5% more than the average rent price for 2-bedroom apartments in Raleigh Court.
Median rents as of Mar 28 2026.
Raleigh Court
Roanoke
| Month | Median Rent |
|---|---|
| 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 |
| February 2026 | $751 |
| March 2026 | $754 |
| Month | Median 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
2 bedroomsRent-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
$44,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $44,000 annually to afford this 2-bedrooms monthly rent price of $1,100.
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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Internet available near Memorial Ave, SW, 1601
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
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