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Elliston, VA Home for Rent

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    $1,995

    Total Monthly Price

    • 3 Beds
    • 2.5 Baths
    • 1,568 Sq Ft
    • Townhouse for Rent

    239 Louise Ln, Elliston, VA 24087

    Discover modern living at its finest in this stunning 1568 square foot townhouse located in the picturesque community of Elliston, Virginia-a midway point between Blacksburg (Virginia Tech) and the City of Roanoke. Built in 2022, this contemporary residence features an open-concept design that seamlessly blends style and functionality. With three spacious bedrooms and 2.5 elegant bathrooms, this

    239 Louise Ln, Elliston, VA 24087

Why Live in Elliston

Elliston, VA, nestled between two Blue Ridge Mountain peaks, offers a tranquil lifestyle with easy access to Roanoke and Blacksburg. This small community in Montgomery County is historically agricultural, with Virginia Tech playing a significant role in its development. Homebuyers can find a mix of traditional ranch-style homes, colonials, and Cape Cods from the 1900s, as well as newer townhomes in Midway Estates. Properties vary in lot size from a half-acre to five acres, often featuring driveways and detached garages. Commuting is convenient via U.S. Route 460, which connects to Roanoke 14 miles east and Blacksburg 19 miles west, and Interstate 81, which links to Interstate 64 about 60 miles north. The Roanoke-Blacksburg Regional Airport is 20 miles east.

Elliston features community green spaces like Eastern Montgomery Park, which includes a playground, picnic pavilion, and a short trail with a kayak launch. Nearby, Dixie Caverns offers year-round tours of its underground formations. Creed Fields Park, 3 miles south, provides sports facilities, while the Blacksburg Country Club, 12 miles west, offers a private golf course, swimming pool, and tennis courts. The Blue Ridge Mountains provide over 150 miles of hiking trails. Shopping and dining options include a Dollar General and Camino Viejo, a local Mexican restaurant, with more extensive shopping available 10 miles north at Spartan Square in Salem. The Eastmont Community Foundation hosts annual events such as the Tomato Festival, Oldtown Nights Concert Series, and Casino Night, fostering a strong sense of community.

Frequently Asked Questions

How much does it cost to rent a home in Elliston, VA?
The median rent for a home in Elliston, VA is $1,995 per month, though prices vary by neighborhood, size, and property type. As of June 2026, townhouses tend to be the most affordable option.
How much do you need to make to afford rent in Elliston, VA?
To comfortably afford the median rent in Elliston, VA, a household needs to earn roughly $79,800 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $1,995 per month in Elliston, VA, renters typically need to show $5,985 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Elliston, VA?
In Elliston, VA, the price-to-rent ratio is 11.0, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.
What neighborhoods in Elliston, VA are best for renting a home?
The best neighborhood for renting in Elliston, VA depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a home include Cave Spring, Franklin-Colonial, Raleigh Court, Grissom-Highland and Downtown Blacksburg, each with its own character and price range.

Rental Trends in Elliston, VA

Rental Home Trends

Number of Homes for Rent
1
Median Rent
$1,995
Median Townhouse Rent
$1,995
How to Rent a Home