How much is the average rent in Roanoke, VA for 1-bedroom and 2-bedroom apartments?

Roanoke's rental market in 2025 shows one-bedroom apartments averaging around $1,000 per month, while two-bedroom units rent for around $1,200 monthly. These figures reflect current market conditions following recent price adjustments across different apartment sizes.

Are rents going up or down in Roanoke, VA?

Rents in Roanoke, VA have been increasing, with a moderate rise of 4.8% in 2024. Notably, 2-bedroom apartments have seen a 13% increase, and studios have jumped by 22.4%.

When is the best time to look for an apartment in Roanoke, VA?

May typically offers the lowest rent prices in Roanoke, while December stands out as the least competitive month with reduced demand relative to supply. Moving during these months might result in lower prices and more negotiating power with landlords, as July sees the highest rent levels with about a 7% difference between peak and off-peak months.

What are the best neighborhoods to rent an apartment in Roanoke, VA?

Downtown Roanoke, Gainsboro, Belmont, and Old Southwest deliver the strongest community connections with entertainment venues, restaurants, and solid walk scores supporting active lifestyles. Wildwood generates the highest consumer interest at 1.36 times the market average, making it the most in-demand neighborhood despite limited availability.

What areas of Roanoke, VA are best for budget-conscious renters?

Hurt Park offers one-bedroom apartments for around $820 monthly, representing 9% savings below the city median. Colonial Avenue Area provides additional budget options with median rent around $1,010, followed by Old Southwest at around $1,050 and Raleigh Court at around $1,060.

Are there pet-friendly apartments in Roanoke, VA?

Roanoke welcomes pet owners with 47% of rental listings offering pet-friendly policies, reflecting the city's accommodating approach to four-legged residents. South Roanoke, Belmont, Monterey, and Gainsboro cater specifically to animal companions with outdoor spaces, dog parks, and reasonable pet deposits.

Are utilities usually included in rent in Roanoke, VA?

Utilities are rarely included in Roanoke rental properties, appearing in less than 1% of total listings across all apartment sizes. One-bedroom and two-bedroom apartments each show utilities included in approximately 0.19% to 0.20% of available units.