Why Live in Melrose-Rugby
Melrose-Rugby in Roanoke, VA, is a historic northwest neighborhood established in the early 1900s as a streetcar suburb. The area features Arts and Crafts-style homes, red-brick bungalows, and American Foursquare houses, all within a four-block walk to local parks. McCadden Park offers rolling grass terrain, while Eureka Park includes a community center with tennis courts, a playground, and a basketball court. The 5-mile Lick Run Greenway provides a paved route from Downtown Roanoke to Valley View Mall, a major shopping destination with over 100 retailers. Melrose Avenue is lined with chain retailers, locally owned take-out restaurants, and the contemporary Melrose Branch Library, which hosts various community events. The neighborhood is car-dependent but has easy access to Interstate 581 and U.S. Route 220, just over 2 miles north, and numerous Valley Metro bus stops. The Roanoke-Blacksburg Regional Airport is 3 miles away, and Downtown Roanoke, 3 miles southeast, features the Carilion Roanoke Community Hospital and the Roanoke Amtrak Station. Despite its historic charm, homes in Melrose-Rugby are more affordable than the Roanoke average, often requiring renovations due to their age. The neighborhood is safer than the national average, making it a practical choice for potential home buyers.
Frequently Asked Questions
Is Melrose-Rugby a good place to live?
Melrose-Rugby is a good place to live. Melrose-Rugby is considered car-dependent and somewhat bikeable with some transit options. Melrose-Rugby has 3 parks for recreational activities. It is somewhat dense in population with 6.6 people per acre and a median age of 39. The average household income is $55,924 which is below the national average. College graduates make up 17.5% of residents. A majority of residents in Melrose-Rugby are home owners, with 49.4% of residents renting and 50.6% of residents owning their home. A
local real estate agent serving Melrose-Rugby can help you decide if this neighborhood is the right one for you. Learn more on our
Melrose-Rugby neighborhood guide.
Is Melrose-Rugby, VA a safe neighborhood?
Melrose-Rugby, VA is less safe than the average neighborhood in the United States. It received a crime score of 7 out of 10.
How much do you need to make to afford a house in Melrose-Rugby?
The median home price in Melrose-Rugby is $449,995. If you put a 20% down payment of $90,000 and had a 30-year fixed mortgage with an interest rate of 6.74%, your estimated principal and interest payment would be $2,330 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $100K a year to afford the median home price in Melrose-Rugby. The average household income in Melrose-Rugby is $56K.
What are the best public schools in Melrose-Rugby?
The best public schools that serve Melrose-Rugby are:
What are the best private schools in Melrose-Rugby?
The best private schools that serve Melrose-Rugby are:
What are the most popular zip codes in Melrose-Rugby, Roanoke, VA?
What are the most popular neighborhoods near Melrose-Rugby, Roanoke, VA?
Home Trends in Melrose-Rugby, VA
On average, homes in Melrose-Rugby, Roanoke sell after 90 days on the market compared to the national average of 70 days. The median sale price for homes in Melrose-Rugby, Roanoke over the last 12 months is $379,450, down 30% from the median home sale price over the previous 12 months.
Median Sale Price
$379,450
Median Single Family Sale Price
$450,000
Median Townhouse Sale Price
$379,900
Median 2 Bedroom Sale Price
$960,000
Average Price Per Sq Ft
$253
Number of Homes for Sale
3
Last 12 months Home Sales
66
Median List Price
$449,995
Median Change From 1st List Price
1%
Median Home Sale Price YoY Change
-30%