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403 Salem LLC is a highly rated property with strong scores for price, location, quality, amenities, and trustworthiness, suggesting strong overall value and a well-presented rental option. It also offers energy star appliances, a community lounge, and exercise facilities, while nearby parks, dining, cultural venues, fitness options, and work-from-home conveniences support an active, connected lifestyle.
Things you’ll love
Middle school nearbyEco-friendly trash disposalGreat for
Wellness
Social life
Eco living| 1BR/1.0BA | 1 bed | 1 bath | 606 sqft | $995–$1,045 /mo | 2 units available | Phase Two of The Lofts at West Station 403 Salem Ave SW Roanoke, VA 24016 **$500 Deposit for Qualified Applicants** 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. $110 Amenity Fee includes: 1Gig High Speed Internet, Fitness Room, Stadium-Seated Movie Theater. Features Include: 25 Seat Hi-Def Movie Theater Skywire High Speed Internet Cardio & Training room Discount on covered parking through Park Roanoke Resident Lounge Stack Washer-Dryers in all units Track Lighting & Modern Ceiling Fans Custom Bamboo Cabinets & Richlite Paper Stone Counters Stainless Steel Appliances Including Dishwasher & Microwave Tiled Bathroom Floors And Custom Maple Vanities Solid Core, Ebony Stained Pocket Doors New Aluminum Clad, Insulated Windows & Mini Blinds Secured Entry with Key Card Access On-Site Trash 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 **Video tour linked to listing may not be of the apartment available for rent, but an example apartment with a similar layout. 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. The Lofts at West Station is a modern designed, mixed-use community featuring 72 loft style apartments and Big Lick Brewing Company in the heart of downtown Roanoke's West Station District. Winner of ULI's 2013 Best Rehabilitation in Central and Southwest Virginia, the property brilliantly contrasts the historic elements of a 100-year-old warehouse with contemporary and sustainable features. Richlite countertops from 100% recycled paper, Energy Star Appliances and Dual Flush Toilets are just a handful of items that contribute to the thoughtful design of the property. Amenities include a stadium seated movie theater, exercise facilities and community lounge. The Lofts at West Station is an awesome choice for your next home. Equal Housing Opportunity property. |
Let's explore this property.
Apartment Amenities
| Trash | Water |
Building
| Sewer |
One-time.
One-time. Refundable.
| Units | 71 |
|---|
Phase Two of The Lofts at West Station 403 Salem Ave SW Roanoke, VA 24016 **$500 Deposit for Qualified Applicants** 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. $110 Amenity Fee includes: 1Gig High Speed Internet, Fitness Room, Stadium-Seated Movie Theater. Features Include: 25 Seat Hi-Def Movie Theater Skywire High Speed Internet Cardio & Training room Discount on covered parking through Park Roanoke Resident Lounge Stack Washer-Dryers in all units Track Lighting & Modern Ceiling Fans Custom Bamboo Cabinets & Richlite Paper Stone Counters Stainless Steel Appliances Including Dishwasher & Microwave Tiled Bathroom Floors And Custom Maple Vanities Solid Core, Ebony Stained Pocket Doors New Aluminum Clad, Insulated Windows & Mini Blinds Secured Entry with Key Card Access On-Site Trash 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 **Video tour linked to listing may not be of the apartment available for rent, but an example apartment with a similar layout. 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. The Lofts at West Station is a modern designed, mixed-use community featuring 72 loft style apartments and Big Lick Brewing Company in the heart of downtown Roanoke's West Station District. Winner of ULI's 2013 Best Rehabilitation in Central and Southwest Virginia, the property brilliantly contrasts the historic elements of a 100-year-old warehouse with contemporary and sustainable features. Richlite countertops from 100% recycled paper, Energy Star Appliances and Dual Flush Toilets are just a handful of items that contribute to the thoughtful design of the property. Amenities include a stadium seated movie theater, exercise facilities and community lounge. The Lofts at West Station is an awesome choice for your next home. Equal Housing Opportunity property.
How 403 Salem LLC compares to other nearby properties.
Positives
Considerations
1-bedroom apartments at 403 Salem LLC cost about 19% less than the average rent price for 1-bedroom apartments in Downtown Roanoke.
| Month | Median Rent |
|---|---|
| November 2024 | $684 |
| 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 | $922 |
| Month | Median Rent |
|---|---|
| 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 403 Salem Ave Sw?
Bedrooms
1 bedroomRent-to-income ratio
30%
$39,800/yr
1212 5th st sw
roanoke, VA, 24016
Cave Spring • 4356 Garst Mill Rd
1–2 Beds
$953–$1,441
Total Monthly Price. The price shown reflects a 12-month lease and includes base rent and all known required monthly fees, based on information provided by the property.
5035 Ridge Trail Run
2–3 Beds
$1,143–$1,316
Total Monthly Price. The price shown includes base rent and all known required monthly fees, based on information provided by the property.
Shenandoah West • 837 30th St Nw
3 Beds
$1,295
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.Hurt Park • 1717 Chapman Ave Sw
2 Beds
$1,095
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.Washington Park • 906 Hanover Ave Nw ##Nw
2 Beds
$995
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.Cave Spring • 3157 Berry Ln Apt 27
2 Beds
$1,325–$1,425
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.500 Yorkshire St #5
2 Beds
$1,299
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.Williamson Road • 1922 Wayne St Ne #27
1 Bed
$815
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.Cave Spring • 4356 Garst Mill Rd
1–2 Beds
$953–$1,441
Total Monthly Price. The price shown reflects a 12-month lease and includes base rent and all known required monthly fees, based on information provided by the property.5035 Ridge Trail Run
2–3 Beds
$1,143–$1,316
Total Monthly Price. The price shown includes base rent and all known required monthly fees, based on information provided by the property.Shenandoah West • 837 30th St Nw
3 Beds
$1,295
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.Hurt Park • 1717 Chapman Ave Sw
2 Beds
$1,095
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.Washington Park • 906 Hanover Ave Nw ##Nw
2 Beds
$995
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.Cave Spring • 3157 Berry Ln Apt 27
2 Beds
$1,325–$1,425
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.500 Yorkshire St #5
2 Beds
$1,299
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.Williamson Road • 1922 Wayne St Ne #27
1 Bed
$815
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.
