Most Affordable Neighborhoods in Roanoke, VA
Some of the cheapest neighborhoods in Roanoke are Brambleton Court, Old Southwest, and Hollins. These neighborhoods offer some of the lowest rent prices in Roanoke, making them ideal for renters on a budget. As of July 30, 2025, the average rent in Roanoke is $1,091, which is 1.9% higher than last year. However, it's important to remember that rental prices can vary significantly based on factors such as location, amenities, and floor plans.
Brambleton Court
Average Rent
$961/Month
Units Available
13 Rentals
When you’re looking for a great Roanoke neighborhood on a budget, check out Brambleton Court. The average rent is $961, compared to the city average of $1,091. Brambleton Court is convenient to Cave Spring Corners Shopping Center, Virginia Western Comm. Coll., and Radford University Carilion.
Old Southwest
Average Rent
$1,091/Month
Year-Over-Year Rent Change
0.8%
TransitScore® Rating
45/100
Units Available
27 Rentals
Old Southwest is an affordable neighborhood in Roanoke with an average rent price of $1,091. Compare this to the city average of $1,091. In the past year, rent prices have increased by 0.8%. Old Southwest provides easy access to Roanoke/Blacksburg Regional (Woodrum Field), Bennington Place, and Science Museum of Western Virginia. It’s a walkable neighborhood with a WalkScore® of 73.
Hollins
Average Rent
$1,153/Month
Year-Over-Year Rent Change
4.4%
TransitScore® Rating
1/100
Units Available
22 Rentals
If you’re looking for a great, affordable neighborhood in Roanoke, Hollins might be the perfect place! It has an average rent price of $1,153, while the city’s average stands at $1,091. In the last year, prices have increased by 4.4%. Hollins is near Mill Mountain Park and Discovery Center, Mill Mountain Zoo, and Science Museum of Western Virginia.
Roanoke Downtown Historic District
Average Rent
$1,203/Month
TransitScore® Rating
52/100
Units Available
23 Rentals
Roanoke Downtown Historic District is a top choice for budget-conscious renters for a variety of reasons. The average rent in Roanoke Downtown Historic District is $1,203 while the city average is $1,091. Residents enjoy convenient access to Science Museum of Western Virginia, Towers Shopping Center, and Virginia Western Comm. Coll.. The neighborhood is considered walkable with a WalkScore® of 90.
Williamson Road
Average Rent
$1,205/Month
Year-Over-Year Rent Change
5.8%
TransitScore® Rating
33/100
Units Available
15 Rentals
When you’re looking for a great Roanoke neighborhood on a budget, check out Williamson Road. The average rent is $1,205, compared to the city average of $1,091. Rent prices have decreased by 5.8%. Williamson Road is convenient to Radford University Carilion, Wolf Creek Greenway, and Virginia Western Comm. Coll.. The community is car-dependent with a WalkScore® of 47.
West End
Average Rent
$1,236/Month
TransitScore® Rating
46/100
Units Available
10 Rentals
West End is an affordable neighborhood in Roanoke with an average rent price of $1,236. Compare this to the city average of $1,091. West End provides easy access to Valley View Station, Roanoke/Blacksburg Regional (Woodrum Field), and Virginia Western Comm. Coll.. It’s a walkable neighborhood with a WalkScore® of 83.
Salem Ave-Auto Historic District
Average Rent
$1,236/Month
TransitScore® Rating
49/100
Units Available
10 Rentals
If you’re looking for a great, affordable neighborhood in Roanoke, Salem Ave-Auto Historic District might be the perfect place! It has an average rent price of $1,236, while the city’s average stands at $1,091. Salem Ave-Auto Historic District is near Roanoke/Blacksburg Regional (Woodrum Field), Roanoke Ivy Market, and Virginia Western Comm. Coll..
Downtown Roanoke City
Average Rent
$1,284/Month
Year-Over-Year Rent Change
3.4%
TransitScore® Rating
52/100
Units Available
41 Rentals
Downtown Roanoke City is a top choice for budget-conscious renters for a variety of reasons. The average rent in Downtown Roanoke City is $1,284 while the city average is $1,091. This is a 3.4% difference from last year. Residents enjoy convenient access to Mill Mountain Park and Discovery Center, Virginia Western Comm. Coll., and Hollins University. The neighborhood is considered walkable with a WalkScore® of 90.
City Market Historic District
Average Rent
$1,303/Month
TransitScore® Rating
52/100
Units Available
32 Rentals
When you’re looking for a great Roanoke neighborhood on a budget, check out City Market Historic District. The average rent is $1,303, compared to the city average of $1,091. City Market Historic District is convenient to Wolf Creek Greenway, Radford University Carilion, and Mill Mountain Zoo. The community is walkable with a WalkScore® of 92.
Airport
Average Rent
$1,323/Month
TransitScore® Rating
27/100
Units Available
18 Rentals
Airport is an affordable neighborhood in Roanoke with an average rent price of $1,323. Compare this to the city average of $1,091. Airport provides easy access to Hollins University, Town Square Shops, and Mill Mountain Park and Discovery Center. It’s a car-dependent neighborhood with a WalkScore® of 39.
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Methodology
Transit Score measures access to public transit. Scores range from 0 (minimal transit) to 100 (rider’s paradise). Learn more about the Transit Score methodology. Rental data is sourced from CoStar Group’s Market Trend reports. As a leading authority in commercial real estate information, analytics, and news, CoStar performs in-depth research to build and sustain an extensive database of commercial real estate insights.
We've combined this data with public records to provide the most current rental information available.