Average Rent in Roanoke, VA (2026)

Typical asking rent in Roanoke is $1,344. Across the 9 ZIP codes with data it runs from $1,102 to $1,648, so which side of town you buy on matters as much as the city average. Data as of September 2026.

Median rent
$1,344
Average rent
$1,357
Lowest ZIP
$1,102
Highest ZIP
$1,648

Rent by ZIP code in Roanoke

ZIP codeCountyTypical rentvs city median
24018Roanoke County$1,648+23%
24019Roanoke County$1,537+14%
24017Roanoke City$1,417+5%
24015Roanoke City$1,395+4%
24012Roanoke City$1,3440%
24013Roanoke City$1,294-4%
24014Roanoke City$1,260-6%
24011Roanoke City$1,212-10%
24016Roanoke City$1,102-18%

Rent by bedroom count in Roanoke

Zillow's index above blends every unit size into one number. For a bedroom level view, these are HUD's FY2027 Fair Market Rents for Roanoke city. They include utilities and sit near the 40th percentile of the market, so treat them as the low side of what a typical unit lists for.

Unit sizeFY2027 Fair Market RentChange from FY2026
Studio$1,186+18.1%
1 bedroom$1,250+18.7%
2 bedroom$1,464+16.7%
3 bedroom$2,022+16.0%
4 bedroom$2,447+16.3%

Source: HUD Fair Market Rents. Updates when HUD publishes a new fiscal year.

Is rent going up or down in Roanoke?

Typical rent across Roanoke City is $1,280 as of September 2026. That is up 2.4% from a year earlier and up 31.7% over five years.

YearTypical rent, Roanoke CityChange
2021$1,012+14.5%
2022$1,124+11.1%
2023$1,174+4.5%
2024$1,248+6.3%
2025$1,266+1.5%
2026 (through September)$1,280+1.1%

Zillow Observed Rent Index for the county, all home types, last published month of each year. Each row is compared with the end of the year before it.

Roanoke rent questions

What is the average rent in Roanoke, VA?
Typical asking rent in Roanoke is $1,344 a month as of September 2026, across 9 ZIP codes. By ZIP code it runs from $1,102 to $1,648.
How much is rent for a 2 bedroom in Roanoke?
HUD's FY2027 Fair Market Rent for a two bedroom in Roanoke city is $1,464 a month including utilities. A one bedroom is $1,250 and a three bedroom is $2,022. Fair Market Rent is set near the 40th percentile, so a typical unit lists somewhat higher.
Is rent going up or down in Roanoke?
Rent is rising. Typical rent in Roanoke City is $1,280 as of September 2026, up 2.4% from a year earlier.
What is the cheapest ZIP code to rent in Roanoke?
ZIP 24016 has the lowest typical asking rent in Roanoke at $1,102 a month, compared with $1,344 for the city overall.
How much income do you need to rent in Roanoke?
Most landlords look for gross income of about three times the rent. At the typical Roanoke rent of $1,344, that is about $4,032 a month, or $48,384 a year. This is a common screening rule of thumb, and individual landlords set their own.

How to use these numbers

These are Zillow Observed Rent Index values, a smoothed measure of typical asking rent for single family homes, condos, and apartments in each ZIP code. They describe what units are listed for, not what any specific unit will get. Condition, bedroom count, and the exact block all move the number.

If you are underwriting a purchase, use the ZIP figure rather than the city median, and then verify against live listings for the same bedroom count before you commit. Roanoke sits in the Roanoke, VA metro area.

Other Virginia cities

Would a rental in Roanoke cash flow?

Start the analyzer with the Roanoke median rent of $1,344 and add a real purchase price to see cash flow, cap rate, and cash-on-cash return.