Last updated on June 23, 2026

Average rent in
Gainsboro, Roanoke, VA

Median rent

Median rent in Gainsboro

$1,150/mo

decreased by17%

vs previous year

The average rent in Gainsboro is $1,150 per month as of June 2026. This is 41% below the national average rent, or $800 less per month.

$1.91

average price per square foot

Total rentals

Available rentals in Gainsboro

25

for rent on Zumper.com as of June 2026

Rent price distribution

Share of Gainsboro 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+

Rent trends in Gainsboro, Roanoke, VA

Average rent prices in Gainsboro have decreased by 9% over the last month and have decreased by 17% 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 Gainsboro, Roanoke, VA

Rent prices in Gainsboro vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Gainsboro is $975, whereas a house costs $1,400. 1-bedroom apartments in Gainsboro run $900 on average, while 2-bedroom apartments are $1,025.

Listings

Studio

$870

No Change

-

1 bedroom

$835

No Change

-

2 bedroom

$1,095

3%

8%

3 bedroom

$1,600

1%

5%

4 bedroom

$2,000

No Change

9%

Studio

Average rent

$870

1 bedroom

Average rent

$835

2 bedroom

Average rent

$1,095

Last 30 days

3%

Last year

8%

3 bedroom

Average rent

$1,600

Last 30 days

1%

Last year

5%

4 bedroom

Average rent

$2,000

Last year

9%

The table above reflects average rent prices in Gainsboro, 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 Gainsboro, Roanoke, VA compare to other neighborhoods?

Compare median rent prices in Gainsboro and Hollins by all bedroom counts and property types.

Gainsboro

Median rent price$1,150
decreased by41%

lower than the national median

Median rent price$1,225
decreased by37%

lower than the national median

Takeaway

The median rent for all rentals in Gainsboro, Roanoke, VA is 6% lower than the median rent in Hollins, Roanoke, VA.

Discover rentals in Gainsboro, Roanoke, VA

Gilmer Apartments - Photo 1 of 1

4d ago

8.6

Very good

Gilmer Apartments

301 Gilmer Ave Nw, Roanoke, VA 24016

2 beds

1 bath

$975

Apartment for rent

Stay up to date with rental market insights

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Frequently asked questions for Gainsboro, Roanoke, VA

Quick answers to common questions about the Gainsboro rental market.

How much is rent in Gainsboro?

The average rent in Gainsboro is $1,150 per month as of June 20, 2026.

Is rent up or down in Gainsboro?

Average rent prices in Gainsboro have decreased by 9% over the last month and have decreased by 17% since last year.

How does Gainsboro rent compare to the national average?

Rent in Gainsboro is 41% below the national average, which means renters are paying approximately $800 less per month.

What salary do I need to afford rent in Gainsboro?

To comfortably afford rent in Gainsboro, you'd need to earn approximately $46,000/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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