Bedroom count
Property type
Last updated on August 31, 2026
Last updated on August 31, 2026
Bedroom count
Property type
Median rent in Downtown Roanoke
$1,311/mo
vs previous year
The average rent in Downtown Roanoke is $1,311 per month as of August 2026. This is 31% below the national average rent, or $599 less per month.
average price per square foot
Available rentals in Downtown Roanoke
16
for rent on Zumper.com as of August 2026
Share of Downtown Roanoke rentals at each price point
Average rent prices in Downtown Roanoke have decreased by 1% over the last month and have increased by 14% 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 $1,315, whereas a house costs $1,450. 1-bedroom apartments in Downtown Roanoke run $1,175 on average, while 2-bedroom apartments are $1,500.
Listings | ||||
|---|---|---|---|---|
Studio | $1,375 | No Change | 144% | |
1 bedroom | $1,162 | 8% | 10% | |
2 bedroom | $1,362 | 4% | 12% | |
3 bedroom | $1,500 | - | - | |
4 bedroom | $1,627 | - | - |
Listings | ||
|---|---|---|
Belmont | $1,000 | |
Colonial Avenue Area | $1,175 | |
Old Southwest | $980 | |
South Jefferson | $1,235 | |
Wasena | $1,395 | |
Williamson Road | $850 |
Listings | ||||
|---|---|---|---|---|
Apartments | $1,315 | 5% | No Change | |
Condos | $1,475 | 6% | - | |
Houses | $1,450 | No Change | No Change |
Studio
Average rent
$1,375
Last year
144%
1 bedroom
Average rent
$1,162
Last 30 days
8%
Last year
10%
2 bedroom
Average rent
$1,362
Last 30 days
4%
Last year
12%
3 bedroom
Average rent
$1,500
4 bedroom
Average rent
$1,627
Belmont
Average rent
$1,000
Colonial Avenue Area
Average rent
$1,175
Old Southwest
Average rent
$980
South Jefferson
Average rent
$1,235
Wasena
Average rent
$1,395
Williamson Road
Average rent
$850
Apartments
Average rent
$1,315
Last 30 days
5%
Condos
Average rent
$1,475
Last 30 days
6%
Houses
Average rent
$1,450
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 31% 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 $1,311 per month as of August 29, 2026.
Average rent prices in Downtown Roanoke have decreased by 1% over the last month and have increased by 14% since last year.
Rent in Downtown Roanoke is 31% below the national average, which means renters are paying approximately $599 less per month.
To comfortably afford rent in Downtown Roanoke, you'd need to earn approximately $52,000/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).