Average Rent in Roanoke, VA (2026)

Typical asking rent in Roanoke is $1,388. Across the 9 ZIP codes with data it runs from $1,105 to $1,635, so which side of town you buy on matters as much as the city average. Data as of June 2026.

Median rent
$1,388
Average rent
$1,390
Lowest ZIP
$1,105
Highest ZIP
$1,635

Rent by ZIP code in Roanoke

ZIP codeCountyTypical rentvs city median
24018Roanoke County$1,635+18%
24012Roanoke City$1,459+5%
24011Roanoke City$1,438+4%
24019Roanoke County$1,418+2%
24017Roanoke City$1,3880%
24014Roanoke City$1,3860%
24013Roanoke City$1,349-3%
24015Roanoke City$1,333-4%
24016Roanoke City$1,105-20%

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 $1,388 and add a real purchase price to see cash flow, cap rate, and cash-on-cash return.