Best Affordable Neighborhoods in Roanoke, VA
Some of the cheapest neighborhoods in Roanoke are Brambleton Court, Hollins, and Downtown Roanoke City. These neighborhoods offer some of the lowest rent prices in Roanoke, making them ideal for renters on a budget. As of January 28, 2026, the average rent in Roanoke is $1,090, which is 2.5% 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
$969/Month
Units Available
14 Rentals
Brambleton Court is an affordable neighborhood in Roanoke with an average rent price of $969. Compare this to the city average of $1,090. Brambleton Court provides easy access to Roanoke College, Dixie Caverns, and Science Museum of Western Virginia.
Hollins
Average Rent
$1,085/Month
Year-Over-Year Rent Change
0.1%
TransitScore® Rating
1/100
Units Available
10 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 $1,085, while the city’s average stands at $1,090. In the last year, prices have decreased by 0.1%. Hollins is near Radford University Carilion, Hollins University, and Science Museum of Western Virginia.
Downtown Roanoke City
Average Rent
$1,230/Month
Year-Over-Year Rent Change
1%
TransitScore® Rating
51/100
Units Available
10 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 $1,230 while the city average is $1,090. This is a 1% difference from last year. Residents enjoy convenient access to Mill Mountain Zoo, Towers Shopping Center, and Hollins University. The neighborhood is considered walkable with a WalkScore® of 90.
Williamson Road
Average Rent
$1,258/Month
Year-Over-Year Rent Change
1.7%
TransitScore® Rating
33/100
Units Available
22 Rentals
When you’re looking for a great Roanoke neighborhood on a budget, check out Williamson Road. The average rent is $1,258, compared to the city average of $1,090. Rent prices have increased by 1.7%. Williamson Road is convenient to Radford University Carilion, Whiteside Plaza, and Mill Mountain Zoo. The community is car-dependent with a WalkScore® of 47.
City Market Historic District
Average Rent
$1,284/Month
TransitScore® Rating
52/100
Units Available
11 Rentals
City Market Historic District is an affordable neighborhood in Roanoke with an average rent price of $1,284. Compare this to the city average of $1,090. City Market Historic District provides easy access to Hollins University, Radford University Carilion, and Towers Shopping Center. It’s a walkable neighborhood with a WalkScore® of 92.
South Jefferson
Average Rent
$1,303/Month
Year-Over-Year Rent Change
8.4%
TransitScore® Rating
38/100
Units Available
21 Rentals
If you’re looking for a great, affordable neighborhood in Roanoke, South Jefferson might be the perfect place! It has an average rent price of $1,303, while the city’s average stands at $1,090. In the last year, prices have decreased by 8.4%. South Jefferson is near Roanoke Ivy Market, Virginia Western Comm. Coll., and Roanoke College.
Miller Court-Arrowood
Average Rent
$1,345/Month
Year-Over-Year Rent Change
1.6%
TransitScore® Rating
24/100
Units Available
26 Rentals
Miller Court-Arrowood is a top choice for budget-conscious renters for a variety of reasons. The average rent in Miller Court-Arrowood is $1,345 while the city average is $1,090. This is a 1.6% difference from last year. Residents enjoy convenient access to Roanoke College, Science Museum of Western Virginia, and Radford University Carilion. The neighborhood is considered car-dependent with a WalkScore® of 33.
Walnut Hill
Average Rent
$1,345/Month
TransitScore® Rating
34/100
Units Available
19 Rentals
When you’re looking for a great Roanoke neighborhood on a budget, check out Walnut Hill. The average rent is $1,345, compared to the city average of $1,090. Walnut Hill is convenient to Roanoke Ivy Market, Science Museum of Western Virginia, and Bennington Place. The community is car-dependent with a WalkScore® of 47.
Cave Spring
Average Rent
$1,357/Month
Year-Over-Year Rent Change
7%
TransitScore® Rating
1/100
Units Available
44 Rentals
Cave Spring is an affordable neighborhood in Roanoke with an average rent price of $1,357. Compare this to the city average of $1,090. In the past year, rent prices have increased by 7%. Cave Spring provides easy access to Wolf Creek Greenway, Mill Mountain Park and Discovery Center, and Mill Mountain Zoo. It’s a car-dependent neighborhood with a WalkScore® of 48.
Airport
Average Rent
$1,420/Month
TransitScore® Rating
27/100
Units Available
16 Rentals
If you’re looking for a great, affordable neighborhood in Roanoke, Airport might be the perfect place! It has an average rent price of $1,420, while the city’s average stands at $1,090. Airport is near Roanoke/Blacksburg Regional (Woodrum Field), Town Square Shops, and Mill Mountain Park and Discovery Center.
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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.