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Rent by ZIP · Roanoke city

Rent in Roanoke, VA 24016

HUD's FY2027 Small Area Fair Market Rent for a 2-bedroom here is $1,380 (+16.9% vs FY2026). Renters in this ZIP code pay a median $966 a month, including utilities.

Rent by number of bedrooms

SizeSAFMR FY2027FY2026ChangeTypical voucher rangeCensus median rent
Studio$1,120$940+19.1%$1,008–1,232$982 ±$241
1 bedroom$1,180$990+19.2%$1,062–1,298$923 ±$123
2 bedrooms$1,380$1,180+16.9%$1,242–1,518$927 ±$115
3 bedrooms$1,910$1,640+16.5%$1,719–2,101$1,082 ±$161
4 bedrooms$2,310$1,980+16.7%$2,079–2,541–

Small Area FMRs for the Roanoke, VA HUD Metro FMR Area. Fair Market Rents include utilities. The voucher range is the typical 90–110% band; your housing authority sets the actual payment standard.

Area-wide FMR for Roanoke, VA HUD Metro FMR Area, 2 bedrooms: $1,464.

What renters pay in 24016

Median gross rent$966±$54 · all sizes
Renter households3,93079% of occupied homes
No cash rent39households

How rents are spread

Under $1,00055%
$1,000–1,49938%
$1,500–1,9996%
$2,000–2,4991%
$2,500–2,9990%
$3,000–3,4990%
$3,500+0%

Share of renter households paying cash rent, by monthly gross rent (rent plus utilities).

Nearby ZIP codes

ZIPPlace2-bedroom FMRCensus median, 2 bedrooms
24015Roanoke$1,220$959
24017Roanoke$1,460$816
24014Roanoke$1,350$1,078
24018Roanoke$1,700$1,271
24013Roanoke$1,480$1,011
24019Roanoke$1,730$1,105

Fair Market Rents across Roanoke city, VA · All VA counties · What is Fair Market Rent?

Sources: HUD Small Area and county Fair Market Rents, FY2027 (effective October 1, 2026); U.S. Census Bureau, 2020–2024 ACS 5-year estimates. Census figures are survey estimates (±90% margin of error) and trail today's market. Place name from GeoNames. About the data.