Last updated on October 14, 2026

Average rent in
Downtown Roanoke, Roanoke, VA

Median rent

Median rent in Downtown Roanoke

$1,297/mo

increased by18%

vs previous year

The average rent in Downtown Roanoke is $1,297 per month as of October 2026. This is 32% below the national average rent, or $602 less per month.

$1.59

average price per square foot

Total rentals

Available rentals in Downtown Roanoke

11

for rent on Zumper.com as of October 2026

Rent price distribution

Share of Downtown Roanoke rentals at each price point

85%64%43%21%0%
$0 - $750
$751 - $1,500
$1,501 - $2,250
$2,251 - $3,000
$3,001+

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.

Rent trends in Downtown Roanoke, Roanoke, VA

Average rent prices in Downtown Roanoke have decreased by 6% over the last month and have increased by 18% 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 $1,300, whereas a house costs $1,500. 1-bedroom apartments in Downtown Roanoke run $970 on average, while 2-bedroom apartments are $1,197.

Listings

Studio

$970

No Change

88%

1 bedroom

$1,075

2%

7%

2 bedroom

$1,200

4%

13%

3 bedroom

$1,836

-

-

4 bedroom

$1,911

-

-

Studio

Average rent

$970

Last year

88%

1 bedroom

Average rent

$1,075

Last 30 days

2%

Last year

7%

2 bedroom

Average rent

$1,200

Last 30 days

4%

Last year

13%

3 bedroom

Average rent

$1,836

4 bedroom

Average rent

$1,911

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$1,297
decreased by32%

lower than the national median

Median rent price$912
decreased by52%

lower than the national median

Takeaway

The median rent for all rentals in Downtown Roanoke, Roanoke, VA is 42% 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

Additional fees apply. The price shown reflects base rent. Based on information provided by the property, additional fees may apply, but no required monthly charges have been confirmed. See all fees for details.
Parkway 301 - Photo 1 of 1
Highly rated

3d ago

8

Very good

Parkway 301

301 1st St Sw, Roanoke, VA 24011

1 bed

1 bath

$915

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.
The Aurora - Residential - Photo 1 of 1

1d ago

8.8

Very good

The Aurora - Residential

110 Campbell Ave Sw, Roanoke, VA 24011

1–2 beds

1 bath

$1,150–$1,450

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.
357 Salem LLC - Photo 1 of 1

5d+ ago

8.9

Very good

357 Salem LLC

357 Salem Ave Sw, Roanoke, VA 24016

2 beds

2 baths

$1,295–$1,445

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.

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 $1,297 per month as of October 10, 2026.

Is rent up or down in Downtown Roanoke?

Average rent prices in Downtown Roanoke have decreased by 6% over the last month and have increased by 18% since last year.

How does Downtown Roanoke rent compare to the national average?

Rent in Downtown Roanoke is 32% below the national average, which means renters are paying approximately $602 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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