Median Home Value
$190,500
Median Gross Rent
$996/mo
Homeownership Rate
52.4%
Rent as Share of Income
21.6%
Vacancy Rate
11.3%
Median Year Built
1958
Home Price Index (FHFA)
Home prices in Roanoke city have risen 772% since 1975, per FHFA's index.
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
Index value, not a dollar figure — shows relative appreciation over time. Source: Federal Housing Finance Agency.
HUD Fair Market Rent (2026)
Studio
$1,004
1 Bedroom
$1,053
2 Bedroom
$1,254
3 Bedroom
$1,743
4 Bedroom
$2,104
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024; HUD Fair Market Rents 2026.