The rental market in Roanoke, Virginia is a booming business. This city of almost 100,000 people is located in the Blue Ridge Mountains of Virginia, and provides a great place to live for those looking for a rental property. The city is known for its historic downtown district, as well as its booming outdoor recreation scene. The rental scene in Roanoke is also incredibly diverse, offering everything from small studio rentals to sprawling suburban homes.
When it comes to the best schools in Roanoke, the city is served by Roanoke City Public Schools, which includes 24 elementary, middle, and high schools. The city also boasts a number of private schools, including Roanoke Catholic School and Roanoke Valley Christian School. The city also plays host to a number of higher education institutions, including Roanoke College and Virginia Tech Carilion School of Medicine.
When it comes to the best neighborhoods in Roanoke, there is something for everyone. The city is home to a variety of neighborhoods, from the historic Old Southwest district to the more modern neighborhoods of South Roanoke. Many of the city’s neighborhoods are also incredibly walkable, making them ideal for those looking to stay close to the city’s attractions
The average rental price of an apartment in Roanoke, VA is $814, a townhouse is $1,081, a condo is $1,037, a loft is $912, and a single family home is $1,295.
Rental prices in Roanoke, VA have increased steadily over the last 5 years. According to Zillow, the median rent price in Roanoke, VA in 2015 was $711. In 2020, the median rent price is $895, representing a 25.9% increase in rental prices over the last 5 years.
1-bedroom: $695
2-bedroom: $774
3-bedroom: $930
Roanoke, VA is home to several highly-ranked public school districts and some of the top-performing schools in the state. According to US News & World Report, Roanoke City Public Schools, Roanoke County Public Schools, and Salem City Public Schools are all ranked among the top school districts in the state. The district as a whole outperforms the national average in several areas, such as math and reading proficiency, graduation rates, and college readiness. Roanoke also has a higher graduation rate than the national average, with 88.7% of students graduating from high school compared to the nation-wide rate of 84%. The district also has a higher percentage of students taking and passing Advanced Placement exams than the national average.
1. Downtown Roanoke
2. Grandin Village
3. Melrose-Rugby
4. Cave Spring
5. South Roanoke
1. Windsor Hills
2. Bonsack
3. South Roanoke
4. Grandin Court
5. Southwest Roanoke