housing costs · Virginia
Housing costs in Roanoke city
What it costs to live here: rent, home values and the share of income rent takes.
Median gross rent
| Survey period | Value | Margin of error | Source |
|---|---|---|---|
| 2020–2024 | $996 | ± $30 | evidence → |
| 2019–2023 | $964 | ± $27 | evidence → |
| 2018–2022 | $917 | ± $18 | evidence → |
| 2017–2021 | $845 | ± $16 | evidence → |
Median home value
| Survey period | Value | Margin of error | Source |
|---|---|---|---|
| 2020–2024 | $190,500 | ± $6,503 | evidence → |
| 2019–2023 | $180,500 | ± $5,580 | evidence → |
| 2018–2022 | $162,000 | ± $4,079 | evidence → |
| 2017–2021 | $140,600 | ± $4,540 | evidence → |
Rent as share of income
| Survey period | Value | Margin of error | Source |
|---|---|---|---|
| 2020–2024 | 28.4 % | ± 1.0 % | evidence → |
| 2019–2023 | 28.8 % | ± 1.4 % | evidence → |
| 2018–2022 | 29.3 % | ± 1.3 % | evidence → |
| 2017–2021 | 28.7 % | ± 1.4 % | evidence → |
In context
Median rent in Roanoke city is $996, below the Virginia median of $1,059 across 133 counties (2020–2024).
American Community Survey, five-year estimates. Each release covers five years, so consecutive releases overlap by four of them — a change from one release to the next is damped, and reading them as annual values understates swings. Margins of error are at 90 % confidence and are wide in sparsely populated counties.