Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Roanoke area can be challenging. Home prices in Roanoke are now at a median cost of $117,559, lower than the West Virginia average of $138,399.
The average cost of rent is $743/mo in Roanoke, primarily driven by the current value of real estate in the Roanoke area. While nearly 64.07% of residents own their homes outright in Roanoke, 27.20% rent.
Housing affordability isn’t just about home prices, though. The average household income in Roanoke is $4,105 per month. Households that rent pay about 18.09% of their income on rent here. Roanoke's most expensive areas are in the northwestern regions, while the cheapest areas are in the central parts of the city.
Nearby Cities
- Walkersville, WV: equally priced homes
- Knawl, WV: equally priced homes
- Orlando, WV: less expensive homes
- Brownsville, WV: less expensive homes
- Vandalia, WV: equally priced homes
- Crawford, WV: equally priced homes
- McGuire Park, WV: equally priced homes
- Copley, WV: less expensive homes
- Weston, WV: less expensive homes
- Horner, WV: higher priced homes
Cities with Similar Populations
- Roscoe, MT: higher priced homes
- Ritner, KY: less expensive homes
- Riverside, IN: equally priced homes
- Riverview, AR: less expensive homes
- Robb, PA: less expensive homes
- Rock Camp, OH: equally priced homes
- Rockhill, OH: less expensive homes
- Rockville, SC: higher priced homes
- Rockwood, NY: equally priced homes
- Rocky Branch, TX: less expensive homes
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