Bedroom count
Property type
Last updated on June 1, 2026
Last updated on June 1, 2026
Bedroom count
Property type
Median rent in Downtown Roanoke
$1,050/mo
vs previous year
The average rent in Downtown Roanoke is $1,050 per month as of May 2026. This is 46% below the national average rent, or $900 less per month.
average price per square foot
Available rentals in Downtown Roanoke
11
for rent on Zumper.com as of May 2026
Share of Downtown Roanoke rentals at each price point
This report has limited data.Due a shortage of data for this selected bedroom and/or property type in Downtown Roanoke, Roanoke, VA, in the last 30 days, rent estimates may not represent the actual market.
Average rent prices in Downtown Roanoke have remained the same over the last month and have decreased by 12% since last year.
Rent prices on this page are calculated on a rolling 30-day basis and updated daily.
Rent prices in Downtown Roanoke vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Downtown Roanoke is $1,050, whereas a house costs $1,199. 1-bedroom apartments in Downtown Roanoke run $1,050 on average, while 2-bedroom apartments are $1,325.
Listings | ||||
|---|---|---|---|---|
Studio | $917 | 3% | 64% | |
1 bedroom | $1,050 | 3% | 2% | |
2 bedroom | $1,150 | 1% | 2% | |
3 bedroom | $1,595 | - | - | |
4 bedroom | $2,300 | - | - |
Listings | ||
|---|---|---|
Belmont | $1,023 | |
Colonial Avenue Area | $900 | |
Old Southwest | $950 | |
South Jefferson | $1,050 | |
Wasena | $1,150 | |
Williamson Road | $1,035 |
Listings | ||||
|---|---|---|---|---|
Apartments | $1,050 | No Change | No Change | |
Condos | $1,595 | 21% | - | |
Houses | $1,199 | 2% | No Change |
Studio
Average rent
$917
Last 30 days
3%
Last year
64%
1 bedroom
Average rent
$1,050
Last 30 days
3%
Last year
2%
2 bedroom
Average rent
$1,150
Last 30 days
1%
Last year
2%
3 bedroom
Average rent
$1,595
4 bedroom
Average rent
$2,300
Belmont
Average rent
$1,023
Colonial Avenue Area
Average rent
$900
Old Southwest
Average rent
$950
South Jefferson
Average rent
$1,050
Wasena
Average rent
$1,150
Williamson Road
Average rent
$1,035
Apartments
Average rent
$1,050
Last 30 days
No Change
Condos
Average rent
$1,595
Last 30 days
21%
Houses
Average rent
$1,199
Last 30 days
2%
The table above reflects average rent prices in Downtown Roanoke, Roanoke, VA, broken down by the number of bedrooms, neighborhoods, and property types. The availability of data for each category is dependent on market inventory and will adjust depending on your selected filters.
Compare median rent prices in Downtown Roanoke and Belmont by all bedroom counts and property types.
Downtown Roanoke
lower than the national median
lower than the national median
Takeaway
The median rent for all rentals in Downtown Roanoke, Roanoke, VA is 3% higher than the median rent in Belmont, Roanoke, VA.
Explore rent trends in neighboring markets
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Quick answers to common questions about the Downtown Roanoke rental market.
The average rent in Downtown Roanoke is $1,050 per month as of May 23, 2026.
Average rent prices in Downtown Roanoke have remained the same over the last month and have decreased by 12% since last year.
Rent in Downtown Roanoke is 46% below the national average, which means renters are paying approximately $900 less per month.
To comfortably afford rent in Downtown Roanoke, you'd need to earn approximately $42,000/year, based on spending no more than 30% of your income on rent.
Rent prices are based on Zumper's rental listings from the past 30 days. Median rent is calculated across all available listings and property types on the platform. If you filter the page by bedroom count or property type, the pricing throughout the page will update automatically to reflect that segment of the rental market.
Household and population data come from the U.S. Census Bureau. Cost-of-living data is sourced from the Council for Community and Economic Research's Cost of Living Index (COLI).