6

Studio Apartments for Rent in Roanoke, VA

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  • /26

    Starting at $710

    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

    (540) 384-9623

    5300 Hawthorne Rd, Roanoke, VA 24012
  • /31

    Starting at $935 Plus Fees

    • Studio - 1 Bed

    110 Campbell Ave SW, Roanoke, VA 24011

    The Aurora - Residential

    (540) 632-4342

    110 Campbell Ave SW, Roanoke, VA 24011
  • /31

    Starting at $895 Plus Fees

    • Studio - 1 Bed

    631 Campbell Ave SW, Roanoke, VA 24016

    631 Campbell Ave LLC - Residential

    (540) 685-1173

    631 Campbell Ave SW, Roanoke, VA 24016
  • /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

    (540) 616-3689

    2705 Frontage Rd NW, Roanoke, VA 24017
  • /8

    $870

    Total Monthly Price

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

    821 Salem Ave SW Unit 203, Roanoke, VA 24016

    The Citadel, originally built in 1941, has undergone extensive renovations to create residential and commercial space. This unique building, listed on the National Register of Historic Places, is located in the historic Salvation Army Citadel. Some apartment features include:Apartment features include:• Hardwood floors• Porcelain-tile bathroom floors• Glass shower

    821 Salem Ave SW Unit 203, Roanoke, VA 24016
  • /7

    $935

    Total Monthly Price

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

    110 Campbell Ave SE Unit SW Unit #302, Roanoke, VA 24011

    The Aurora is located in the Downtown Arts District of Roanoke, VA, and offers spacious apartments and versatile commercial studios. As a historic renovation, the Aurora is designed to foster a center for creatives, makers, and urban dwellers by providing flexible living spaces featuring natural light, open-format living, and proximity to downtown Roanoke’s urban center. In addition, the

    110 Campbell Ave SE Unit SW Unit #302, 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 May 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 18.4, 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 in Roanoke, VA

Rental Home Trends

Number of Homes for Rent
6
Median Rent
$1,195
Median Single Family Home Rent
$1,425
Median Townhouse Rent
$953
Median Condo Rent
$1,095
How to Rent a Home