The Overlook at Daleville
437 Roanoke Rd,
Daleville, VA 24083
1-3 Beds | $1,295 - $1,995
$1,074/month
Average Rent
684 Sq Ft
Average Apartment Size
+0.1%
Increase in the Last Year
As of April 2025, the average rent in Roanoke, VA is $1,074 per month. This is 32% lower than the national average rent of $1,577/month, making renting in Roanoke more affordable than most cities in the US. When you rent an apartment in Roanoke, you can expect to pay about $764 per month for a studio, $1,074 for a one-bedroom apartment, and around $1,253 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,547 or more.
In the past year, rent has increased by 0.1%, which averages out to $2 more per month.
Based on current rent prices, South Roanoke, Roundhill and Garden City are the most affordable neighborhoods in Roanoke.
Based on current rent prices, Deyerle, South Jefferson and Walnut Hill are the most expensive neighborhoods in Roanoke.
The neighborhoods in Roanoke with the most apartments available are Cave Spring, Walnut Hill and South Jefferson .
Because the average rent in Roanoke is $1,074, you’ll want to make about $3,580 per month or $42,960 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.
The cost of living in Roanoke, VA is 8.1% lower than the national average. Generally, housing in Roanoke is 23.4% less expensive than the national average, with rent falling between $764 - $1,547. You can expect to pay 1.5% less for groceries, 16.4% more for utilities, and 2.3% less for transportation.
Use the tool below to compare Roanoke, VA to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.
30
Communities
4,033
Units
13
Cities
11
Communities
987
Units
6
Cities
10
Communities
2,711
Units
8
Cities
157
Communities
38,012
Units
59
Cities
53
Communities
21,020
Units
43
Cities
38
Communities
9,614
Units
26
Cities
141
Communities
70,987
Units
86
Cities
62
Communities
15,646
Units
44
Cities
Our all-in-one suite of property manangement software makes the rental process easy. Screen tenants, manage payments, and more – all on Apartments.com
† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in February 2025.
* Percentages may not total 100 due to rounding.