Last updated on August 31, 2026

Average rent in
Downtown Roanoke, Roanoke, VA

Median rent

Median rent in Downtown Roanoke

$1,311/mo

increased by14%

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.

$1.47

average price per square foot

Total rentals

Available rentals in Downtown Roanoke

16

for rent on Zumper.com as of August 2026

Rent price distribution

Share of Downtown Roanoke rentals at each price point

80%60%40%20%0%
$0 - $750
$751 - $1,500
$1,501 - $2,250
$2,251 - $3,000
$3,001+

Rent trends in Downtown Roanoke, Roanoke, VA

Average rent prices in Downtown Roanoke have decreased by 1% over the last month and have increased by 14% since last year.

Rent trends

Rent prices on this page are calculated on a rolling 30-day basis and updated daily.

Compare rent prices in Downtown Roanoke, Roanoke, VA

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

-

-

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

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.

How does rent in Downtown Roanoke, Roanoke, VA compare to other neighborhoods?

Compare median rent prices in Downtown Roanoke and Belmont by all bedroom counts and property types.

Downtown Roanoke

Median rent price$1,311
decreased by31%

lower than the national median

Median rent price$1,000
decreased by48%

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.

Discover rentals in Downtown Roanoke, Roanoke, VA

416 Campbell Ave Sw - Photo 1 of 1

5d+ ago

Downtown Roanoke house for rent in Roanoke

Studio

0 baths

$495

House for rent

Available Dec 11

The Locker Room Lofts - Photo 1 of 1

4d ago

9.4

Excellent

The Locker Room Lofts

425 Church Ave Sw, Roanoke, VA 24016

1 bed

1 bath

$910

Apartment for rent

The Aurora - Residential - Photo 1 of 1

2d ago

8.8

Very good

The Aurora - Residential

110 Campbell Ave Sw, Roanoke, VA 24011

1–2 beds

1 bath

$1,075–$1,450

Apartment for rent

The Suites on Jefferson - Photo 1 of 1

5d+ ago

8.2

Very good

The Suites on Jefferson

312 S Jefferson St, Roanoke, VA 24011

2 beds

1 bath

$1,195

Apartment for rent

Stay up to date with rental market insights

Are you interested in licensing our current and historical rental real estate data, or do you have custom data requests? Contact datalicensing@zumper.com.

Frequently asked questions for Downtown Roanoke, Roanoke, VA

Quick answers to common questions about the Downtown Roanoke rental market.

How much is rent in Downtown Roanoke?

The average rent in Downtown Roanoke is $1,311 per month as of August 29, 2026.

Is rent up or down in Downtown Roanoke?

Average rent prices in Downtown Roanoke have decreased by 1% over the last month and have increased by 14% since last year.

How does Downtown Roanoke rent compare to the national average?

Rent in Downtown Roanoke is 31% below the national average, which means renters are paying approximately $599 less per month.

What salary do I need to afford rent in Downtown Roanoke?

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.

Methodology

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).

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