Most Affordable Neighborhoods in Roanoke, VA

Some of the cheapest neighborhoods in Roanoke are Brambleton Court, Williamson Road, and Cave Spring. These neighborhoods offer some of the lowest rent prices in Roanoke, making them ideal for renters on a budget. As of September 13, 2025, the average rent in Roanoke is $1,090, which is 2.2% 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

$955/Month

Units Available

20 Rentals

Brambleton Court is an affordable neighborhood in Roanoke with an average rent price of $955. Compare this to the city average of $1,090. Brambleton Court provides easy access to Cave Spring Corners Shopping Center, Science Museum of Western Virginia, and Roanoke/Blacksburg Regional (Woodrum Field).

Williamson Road

Average Rent

$1,194/Month

Year-Over-Year Rent Change

5.7%

TransitScore® Rating

33/100

Units Available

10 Rentals

If you’re looking for a great, affordable neighborhood in Roanoke, Williamson Road might be the perfect place! It has an average rent price of $1,194, while the city’s average stands at $1,090. In the last year, prices have decreased by 5.7%. Williamson Road is near Radford University Carilion, Woodpecker Ridge Nature Center, and Science Museum of Western Virginia.

Cave Spring

Average Rent

$1,205/Month

Year-Over-Year Rent Change

0.3%

TransitScore® Rating

1/100

Units Available

40 Rentals

Cave Spring is a top choice for budget-conscious renters for a variety of reasons. The average rent in Cave Spring is $1,205 while the city average is $1,090. This is a -0.3% difference from last year. Residents enjoy convenient access to Hollins University, Radford University Carilion, and Cave Spring Corners Shopping Center. The neighborhood is considered car-dependent with a WalkScore® of 48.

Hollins

Average Rent

$1,221/Month

Year-Over-Year Rent Change

5.7%

TransitScore® Rating

1/100

Units Available

13 Rentals

When you’re looking for a great Roanoke neighborhood on a budget, check out Hollins. The average rent is $1,221, compared to the city average of $1,090. Rent prices have increased by 5.7%. Hollins is convenient to Roanoke College, North Market Village, and Science Museum of Western Virginia. The community is car-dependent with a WalkScore® of 35.

Miller Court-Arrowood

Average Rent

$1,282/Month

Year-Over-Year Rent Change

3.2%

TransitScore® Rating

24/100

Units Available

19 Rentals

Miller Court-Arrowood is an affordable neighborhood in Roanoke with an average rent price of $1,282. Compare this to the city average of $1,090. In the past year, rent prices have increased by 3.2%. Miller Court-Arrowood provides easy access to Mill Mountain Park and Discovery Center, Roanoke College, and Wolf Creek Greenway. It’s a car-dependent neighborhood with a WalkScore® of 33.

Downtown Roanoke City

Average Rent

$1,314/Month

Year-Over-Year Rent Change

2.8%

TransitScore® Rating

52/100

Units Available

15 Rentals

If you’re looking for a great, affordable neighborhood in Roanoke, Downtown Roanoke City might be the perfect place! It has an average rent price of $1,314, while the city’s average stands at $1,090. In the last year, prices have increased by 2.8%. Downtown Roanoke City is near Wolf Creek Greenway, Bennington Place, and Hollins University.

City Market Historic District

Average Rent

$1,374/Month

TransitScore® Rating

52/100

Units Available

15 Rentals

City Market Historic District is a top choice for budget-conscious renters for a variety of reasons. The average rent in City Market Historic District is $1,374 while the city average is $1,090. Residents enjoy convenient access to Roanoke Ivy Market, Towers Shopping Center, and Mill Mountain Park and Discovery Center. The neighborhood is considered walkable with a WalkScore® of 92.

Belmont

Average Rent

$1,401/Month

Year-Over-Year Rent Change

12%

TransitScore® Rating

45/100

Units Available

14 Rentals

When you’re looking for a great Roanoke neighborhood on a budget, check out Belmont. The average rent is $1,401, compared to the city average of $1,090. Rent prices have increased by 12%. Belmont is convenient to Towers Shopping Center, Roanoke College, and Science Museum of Western Virginia. The community is walkable with a WalkScore® of 73.

Belmont Historic District

Average Rent

$1,401/Month

TransitScore® Rating

46/100

Units Available

14 Rentals

Belmont Historic District is an affordable neighborhood in Roanoke with an average rent price of $1,401. Compare this to the city average of $1,090. Belmont Historic District provides easy access to Towers Shopping Center, Hollins University, and Virginia Western Comm. Coll.. It’s a walkable neighborhood with a WalkScore® of 77.

Mecca Gardens

Average Rent

$1,703/Month

Year-Over-Year Rent Change

0.3%

TransitScore® Rating

21/100

Units Available

18 Rentals

If you’re looking for a great, affordable neighborhood in Roanoke, Mecca Gardens might be the perfect place! It has an average rent price of $1,703, while the city’s average stands at $1,090. In the last year, prices have decreased by 0.3%. Mecca Gardens is near Radford University Carilion, Mill Mountain Zoo, and Roanoke/Blacksburg Regional (Woodrum Field).

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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.