Affordable
Expensive
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These days, finding an affordable place to live in the Roanoke County area can be challenging. Home prices in Roanoke County are now at a median cost of $291,583, lower than the Virginia average of $443,089.
The average cost of rent is $1,242/mo in Roanoke County, primarily driven by the current value of real estate in the Roanoke County area. In Roanoke County, 24.31% of households rent, and 40.37% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Roanoke County is $7,163 per month. Households that rent pay about 17.34% of their income on rent here. Roanoke County’s most expensive areas are in the southwestern regions, while the cheapest areas are in the eastern parts of the county.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Counties
- Roanoke City, VA: less expensive homes
- Salem City, VA: equally priced homes
- Montgomery County, VA: higher priced homes
- Bedford County, VA: equally priced homes
- Radford City, VA: less expensive homes
- Giles County, VA: less expensive homes
- Lynchburg City, VA: less expensive homes
- Campbell County, VA: less expensive homes
- Bland County, VA: less expensive homes
- Mercer County, WV: less expensive homes
Counties with Similar Populations
- Josephine County, OR: higher priced homes
- Fairbanks North Star Borough, AK: equally priced homes
- Flathead County, MT: higher priced homes
- Floyd County, GA: less expensive homes
- Fond du Lac County, WI: less expensive homes
- Franklin County, MO: less expensive homes
- Franklin County, WA: higher priced homes
- Frederick County, VA: higher priced homes
- Garland County, AR: less expensive homes
- Geauga County, OH: higher priced homes
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