Apartments in 24016

1 - 25 of 25 Results
18
$1,365
8 N Jefferson St Roanoke, VA
1 BR | Available Now
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Cat Friendly
Income Restricted
Fitness Center
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7
$1,175 - 1,204
Roanoke, VA
1 BR | Available Now
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Cat Friendly
Surface Parking
Storage
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21
$1,450
811 813 4th St SW Roanoke, VA
3 BR | Dec. 20, 2024
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Cat Friendly
Storage
Disability Access
Dishwasher
27
$1,275
1119 Franklin Rd Roanoke, VA
2 BR | Available Now
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Dog Friendly
Cat Friendly
Air Conditioning
Balcony/Deck/Patio
Storage
26
$1,650
Roanoke, VA
1 BR | Jan. 7, 2025
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Cat Friendly
House
Air Conditioning
Dishwasher
17
$825
Roanoke, VA
1 BR | Available Now
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0
$775
228-230 Patton Ave Roanoke, VA
1 BR | Available Now
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Storage
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7
$995
Roanoke, VA
2 BR | Available Now
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1
$835 - 1,225
357 Salem Ave SW Roanoke, VA
1 - 2 BR | Available Now
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Cat Friendly
Storage
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1
$845 - 955
403 Salem Ave SW Roanoke, VA
1 BR | Feb. 2, 2025
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Storage
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8
$895
Roanoke, VA
1 BR | Feb. 14, 2025
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0
$999
1401 3rd St SW Roanoke, VA
1 BR | Nov. 24, 2024
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1
$1,800
400 Salem Ave Unit 2A SW Roanoke, VA
1 BR | Ask for Availability
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Air Conditioning
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1
$2,000
360 Walnut Ave SW Roanoke, VA
3 BR | Jan. 22, 2025
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Dishwasher
0
$3,000
353 Day Ave SW Roanoke, VA
3 BR | Available Now
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0
$1,995
542 Walnut Ave SW Roanoke, VA
4 BR | Available Now
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0
$1,095
Roanoke, VA
2 BR | Available Now
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1
$975
Roanoke, VA
2 BR | Nov. 29, 2024
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13
$950
353 Highland Ave Roanoke, VA
2 BR | Available Now
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Cat Friendly
Disability Access
17
$895
1415 Clarke Ave Roanoke, VA
1 BR | Available Now
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Disability Access
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4
$875
501 Allison Ave SW Roanoke, VA
2 BR | Available Now
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3
$1,000
1012 Campbell Ave SW Roanoke, VA
1 BR | Available Now
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Storage
3
$995
612 Madison Ave NW Roanoke, VA
2 BR | Ask for Availability
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0
$1,700
538 Marshall Ave SW Roanoke, VA
2 BR | Available Now
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1 - 25 of 25 Results
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How much does it cost to rent an apartment in 24016?

24016 apartments
Bed Type Average Rent Range
1BR $970 $800 - $1,730
2BR $1,050 $880 - $1,700
3BR $2,000 $1,450 - $3,000
Find an Apartment in 24016
Looking for apartments for rent in 24016 Roanoke, VA? You're in luck! Rentable currently has 34 units available for rent in this area. The average rent for apartments in 24016 is $1,000, with the minimum rent for a 1-bedroom floor plan starting at $731.

If you're ready to find your next apartment near 24016, take a look at Rentable's listings in Roanoke, VA. We have a wide selection of apartments to choose from, ensuring you'll find the perfect fit for your needs and preferences. Don't miss out on the opportunity to live in this desirable area of Roanoke, VA!

Roanoke:
November Rent Report

Welcome to the November 2024 Roanoke Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the November 2024 key findings and figures for the Roanoke rental landscape.

Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in Roanoke and surrounding areas and provide comparisons to the entire metro area, nearby cities and some of the most desirable and expensive cities in the United States. Take a look at the last 12 months of Roanoke average rent prices in the chart below.

Monthly Rent Report

$1,400
$1,050
$700
$350
$0
Dec. 2023
Jan. 2024
Feb. 2024
Mar. 2024
Apr. 2024
May. 2024
Jun. 2024
Jul. 2024
Aug. 2024
Sep. 2024
Oct. 2024
Nov. 2024
1 BR       2 BR

Roanoke Rent Prices Increase From October to November

Roanoke rent prices increased over the last month. From October to November, the city experienced a 1.9% increase for the price of a one-bedroom apartment. The rent price for a Roanoke one-bedroom apartments currently stands at $1,125.0.

When we take a look at the two-bedroom comparison from October to November, Roanoke experienced a 0.84% increase for the price of a two-bedroom apartment. The rent price for a Roanoke two-bedroom apartments currently stands at $1,326.0.

November Prices: Roanoke vs. Surrounding Areas

Roanoke, VA
Salem, VA
$1,104
$1,002
$0
$400
$800
$1,200
$1,600
Median 1 BR Rent

Rent Prices in Roanoke and Surrounding Areas

Rent prices have increased in Roanoke over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 0 of the Roanoke suburbs increased last month. On the other hand, 1 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

  • Rents did not increase in any of the Roanoke suburbs

  • Rent decreased in Salem, VA.

  • 1 suburb is currently priced lower than the city of Roanoke.

November 2024 Pricing Trends: Roanoke vs. National Comparisons

New York, NY
San Francisco, CA
Los Angeles, CA
Washington, DC
Chicago, IL
Columbus, OH
Minneapolis, MN
Pittsburgh, PA
Roanoke, VA
$4,211
$3,115
$2,373
$2,354
$1,903
$1,338
$1,246
$1,202
$1,104
$0
$1,400
$2,800
$4,200
$5,600
Median Rent

Roanoke Rent Prices More Affordable Than Major Cities

Rent growth in Roanoke over the past year has been on the rise. When compared to major cities nearby, along with some of the most expensive cities in the country, Roanoke average rent prices appear to be relatively affordable for local residents.

The price for a Roanoke one-bedroom apartment remains vastly more affordable than four of the largest cities in the United States — New York City, Washington, D.C. San Francisco and Los Angeles. And pricing compares quite similarly to nearby Midwest cities.

For more information about Roanoke and surrounding area rent prices, take a look at the complete data set below.

Data set for Roanoke and suburbs

1 BR November 1 BR M/M % Change 2 BR November 2 BR M/M % Change
Roanoke, VA $1,104.0 0.27% $1,315.0 2.65%
Salem, VA $1,002.0 -1.86% $1,145.0 -4.42%

Methodology

Each month, using over 1 million Rentable listings across the United States, we calculate the median 1-bedroom and 2-bedroom rent prices by city, state, and nation, and track the month-over-month percent change. To avoid small sample sizes, we restrict the analysis for our reports to cities meeting minimum population and property count thresholds.