Monthly rent

$850

Beds

Baths

Sqft

650

Monthly rent	$850
Beds	1
Baths	1
Sqft	650

1 Day Ago

Location

405 Allison Ave Sw #1, Roanoke, VA 24016, USA|Old Southwest

Tour 405 Allison Ave Sw #1

Contact

Point Management

(540) 554-6675

About 405 Allison Ave Sw #1

Please excuse our mess as we get this property ready for the perfect resident. Showings begin 05/05/2026 Move in ready by 05/29/2026 Experience comfortable living in this updated 1-bedroom apartment located in the highly desirable Old Southwest neighborhood of Roanoke. Enjoy easy access to downtown—hop on the trolley or take a scenic bike ride along the nearby Roanoke Greenway. This charming community offers a welcoming atmosphere with a park just down the street, making it a perfect place to call home. The apartment features an eat-in kitchen equipped with a dishwasher, as well as convenient on-site laundry facilities. Additional highlights include off-street parking and electric heating and air conditioning for year-round comfort. Water is included in the lease. Residents are responsible for electricity and cable/internet services. Resident Benefits Package – $30/month Included with all Point Management LLC homes: Credit reporting $1M Identity Theft Protection Monthly HVAC filter delivery Exclusive resident rewards (Cannot be prorated) Renters Insurance Required Proof due at lease signing or enrollment in policy at $11.95/month (Not included in advertised rent; cannot be prorated) Apply Today! Schedule a showing & apply online: https showmojo com ed5fda8097 l $50 non-refundable application fee Rental Scam Warning: Never send funds without speaking directly with Point Management LLC staff. 24 Hour Emergency Maintenance Landscaping Online Portal

Neighborhood

Old Southwest

Zip code

24016

Type

Apartment for rent

Rent trends in Old Southwest

1-bedroom apartments at 405 Allison Ave Sw #1 cost about the same as the average rent price for 1-bedroom apartments in Old Southwest.

Median rents as of Apr 18 2026.

Old Southwest

Roanoke

A table of 1-bedroom apartment rental data trends in Roanoke
Month	Median Rent
May 2024	$1,175
June 2024	$1,143
July 2024	$1,159
August 2024	$1,169
September 2024	$1,159
October 2024	$1,153
November 2024	$1,154
December 2024	$1,125
January 2025	$1,096
February 2025	$1,032
March 2025	$1,014
April 2025	$1,010
May 2025	$958
June 2025	$900
July 2025	$932
August 2025	$968
September 2025	$938
October 2025	$953
November 2025	$950
December 2025	$918
January 2026	$899
February 2026	$899
March 2026	$878
April 2026	$879

A table of 1-bedroom apartment rental data trends in Old Southwest
Month	Median Rent
May 2024	$1,053
June 2024	$1,050
July 2024	$983
August 2024	$1,011
September 2024	$960
October 2024	$917
November 2024	$911
December 2024	$873
January 2025	$901
February 2025	$979
March 2025	$994
April 2025	$1,008
May 2025	$914
June 2025	$934
July 2025	$890
August 2025	$888
September 2025	$895
October 2025	$943
November 2025	$917
December 2025	$903
January 2026	$900
February 2026	$892
March 2026	$916
April 2026	$875

Affordability calculator

Can I afford to live at 405 Allison Ave Sw #1?

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

$34,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $34,000 annually to afford this 1-bedroom monthly rent price of $850.

For more information on rent affordability, visit our rent calculator.

Getting around Roanoke near 405 Allison Ave Sw #1

Walking

7/10

Grab your reusable bags–many shops and stores are within walking distance.

Driving

8/10

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

Cycling

6/10

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 405 Allison Ave Sw #1, Roanoke

Groceries

8/10

At least one supermarket within a 10-minute walk

Shopping

4/10

Several shops within walking distance

Cafes

4/10

Some cafés within walking distance

Restaurants

5/10

Some restaurants within a few minutes’ walk

Primary schools

10/10

At least one elementary school within a 5-minute walk

High schools

4/10

At least one high school within a 30-minute walk

Nightlife

4/10

Some bars within walking distance

405 Allison Ave Sw #1405 Allison Ave Sw #1, Roanoke, VA 24016, USA

Location

Tour 405 Allison Ave Sw #1

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Amenities for 405 Allison Ave Sw #1, Old Southwest

Policies and fees

Applicants

Applicants

Applicants

Applicants

REQUIRED FEES

Move-In Fees

Move-In Fees

Security Deposit

Pets

Pets

Dog Policy

Cat Policy

About 405 Allison Ave Sw #1

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Schools near 405 Allison Ave Sw #1

Highland Park Elementary School

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Getting around Roanoke near 405 Allison Ave Sw #1

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Points of interest for 405 Allison Ave Sw #1, Roanoke

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Primary schools

High schools

Nightlife

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405 Allison Ave Sw #1
405 Allison Ave Sw #1, Roanoke, VA 24016, USA