Example household · $83,730 · same pay · 1 adult

Roanoke

Housing in Roanoke, VA: Rent, Home Prices & Property Tax

$2,257 left/mo

$1,090/mo (1 bd) in Roanoke. Median home $236,300. Property tax 0.80%.

Rent (1-bedroom)
$1,090
/mo
Buy
$1,662
Mortgage, tax, insurance
Buying costs more
$572
/mo

To buy

  • 20% down payment$47,260
  • Mortgage at 7.24%$1,288
  • Property tax (0.80% of value)$158/mo · $1,890/yr
  • Insurance and upkeep$217
  • Monthly total$1,662

Months to 20% down

$2,257 left each month. About 21 months (1.8 years) to save $47,260.

Rent is Zillow asking rent. The price is the Census median home value. The mortgage is a 30-year fixed at 7.24%, the Freddie Mac PMMS average for the week of Oct 29, 2026, with 20% down.

Guide: state tax and rent when you compare cities

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