6

Studio Apartments for Rent in Roanoke, VA

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    Starting at $690

    Total Monthly Price

    • Studio - 1 Bed

    5300 Hawthorne Rd, Roanoke, VA 24012

    Welcome to Ridgeview Apartments in Roanoke, an affordable and high-quality apartment community exclusively for individuals aged 55 and older or with disabilities. This community can be found on Hawthorne Rd. in the 24012 area of Roanoke. The community staff is ready and waiting for you to come by for a visit. At Ridgeview Apartments, you'll have access to top amenities and features. Drop by

    Ridgeview Apartments

    5300 Hawthorne Rd, Roanoke, VA 24012
  • /34

    $1,289 Plus Fees

    • Studio
    • 1 Bath
    • 300 Sq Ft
    • Furnished Studio-Roanoke - Airport

    2705 Frontage Rd NW, Roanoke, VA 24017

    Enjoy a fully furnished studio suite in our hotel at an affordable rate with free wi-fi, free utilities and free premium cable. Each studio suite has a full kitchen with full-size refrigerator, stovetop and microwave, and has a flexible workspace and plenty of storage. All our hotels are pet-friendly and have on-site guest laundry available. Plus, there are no long-term commitments and you can

    Furnished Studio-Roanoke - Airport

    2705 Frontage Rd NW, Roanoke, VA 24017
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    $671

    Total Monthly Price

    • Studio
    • 1 Bath
    • 355 Sq Ft
    • Condo for Rent

    5105 Hildebrand Rd NW Unit 5105 Hildebrand Unit G, Roanoke, VA 24012

    Everything you need is all right here! This efficiency unit is conveniently located off Williamson Road close to many shopping areas with lots of restaurants you can choose from! Just minutes away from the airport, and interstates 581 and 81. Enjoy the beautiful vinyl plank flooring and brand new appliances. You don't want to miss this!The advertised rent above includes JMAXs Resident

    5105 Hildebrand Rd NW Unit 5105 Hildebrand Unit G, Roanoke, VA 24012
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    $595

    Total Monthly Price

    • Studio
    • 1 Bath
    • 519 Sq Ft
    • House for Rent

    110 Campbell Ave SE, Roanoke, VA 24011

    Studio #2 occupies the space shown on the layout for Suites 1 & 2, but there is no current plan to subdivide. The total foot print is approximately 20 x 30 w/ a 9x9 elevator equipment room occupying the rear of the space, a total of 519 square feet of occupiable area. Deposit equal to one months rent due on signing. Terms of lease require 24 month commitment at advertised rate,

    110 Campbell Ave SE, Roanoke, VA 24011

Why Live in Roanoke

Nestled in Virginia's Blue Ridge Mountains, Roanoke combines outdoor recreation with cultural attractions. The iconic Mill Mountain Star, standing 88.5 feet tall, overlooks the city and provides panoramic valley views. Residents enjoy hiking the Appalachian Trail, biking the Roanoke Valley Greenways, and exploring the Blue Ridge Parkway. The downtown area features the Taubman Museum of Art, Center in the Square with its science and history museums, and the bustling City Market. Local dining highlights include Lucky's seasonal menu, the rooftop views at Six and Sky Grille, and the historic Regency Room at Hotel Roanoke.

The housing market includes diverse options across distinct neighborhoods. South Roanoke commands the highest median single-family home prices at $570,000, while Wasena and Grandin Court present more moderate options with median prices of $278,500 and $280,000 respectively. Downtown Roanoke features townhouses with a median price of $235,000. One-bedroom condos start at a median of $112,500, while two-bedroom units reach a median of $220,000.

The cost of living sits 8.7% below the national average. A family with school-age children needs approximately $97,000 annually to live comfortably, while renters require about $51,000. Property taxes stand at 1.01%, comparing favorably to nearby Salem at 0.91%. The education system includes highly rated schools like North Cross School, rated A+ by Niche, and Cave Spring High School, rated A. Hollins University provides higher education opportunities. Public transportation includes Valley Metro bus service, Amtrak connections, and access to Roanoke-Blacksburg Regional Airport. The city experiences four distinct seasons with moderate temperatures, averaging summer highs in the mid-80s and winter lows in the low 30s.

Frequently Asked Questions

How much does it cost to rent a home in Roanoke, VA?
The median rent for a home in Roanoke, VA is $1,195 per month, though prices vary by neighborhood, size, and property type. As of July 2026, townhouses tend to be the most affordable option while condos and single-family homes are currently more expensive.
How much do you need to make to afford rent in Roanoke, VA?
To comfortably afford the median rent in Roanoke, VA, a household needs to earn roughly $47,800 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 $1,195 per month in Roanoke, VA, renters typically need to show $3,585 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 Roanoke, VA?
In Roanoke, VA, the price-to-rent ratio is 18.1, 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.

Rental Home Trends

Number of Homes for Rent
4
Median Rent
$1,195
Median Single Family Home Rent
$1,450
Median Townhouse Rent
$1,030
Median Condo Rent
$1,037
How to Rent a Home