Housing
Home prices and rent in Roanoke
Median home values, rents and incomes from the U.S. Census Bureau, compared with Virginia and the U.S.
Census geography: Roanoke city, Virginia. These survey estimates are not current listing prices.
Roanoke vs. Virginia and the U.S.
| Roanoke | Virginia | U.S. | |
|---|---|---|---|
| Median home value | $190,500 | $383,700 | $332,700 |
| Median rent (monthly) | $996 | $1,579 | $1,413 |
| Median household income | $55,378 | $93,170 | $80,734 |
| Homes owned by occupants | 52% | 67% | 65% |
| Median year built | 1958 | 1984 | 1980 |
Questions
What is the median home value in Roanoke?
$190,500, according to the Census Bureau’s 2024 American Community Survey (5-year estimates), compared with $383,700 in Virginia and $332,700 nationally.
How much is rent in Roanoke?
Median gross rent (rent plus utilities) is $996 a month, versus $1,579 statewide.
Are these current market prices?
No. They are survey medians from the Census Bureau, based on a five-year survey period, so they lag today’s listings. They are the most consistent way to compare places and track change over time.
U.S. Census Bureau, American Community Survey 5-year estimates (2024), Roanoke city, Virginia. Values are estimates with margins of error.