City Report · TX

Roanoke

Pop. 10,286·146th most expensive in Texas·Rental market data updated monthly for Roanoke, TX
Median rent (all units)
$1,591/mo
Year-over-Year
+0.6%
Month-over-Month
-0.2%
vs US Median
-$341
Reported rents
Stable (Monthly)
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Most AffordableMost Expensive
Roanoke · $1,591
More affordable than 69% of US cities · National median $1,932/mo
Rent Reality Score
74/100
Good value
OverheatedFairGreat value

Rents are 12% below what Roanoke's 10-year trend predicts — a better deal than its own history suggests.

Actual rent
$1,591/mo
Expected by trend
$1,804/mo
The Rent Reality Score compares today's median rent to where Roanoke's own long-run trajectory projects it should be. See the full rankings →
Medians by bedroom

Rent by unit size

Studio
$1,193
1 BR
$1,258
2 BR
$1,471
3 BR
$1,873
4 BR+
$2,371
Research median
$1,471/mo

Bedroom figures are derived from HUD Fair Market Rents and scaled to match Roanoke's market median, because the published HUD values all ran above it. They are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

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Last updated: October 17, 2026

From the history

What the numbers show

Compared with the peak

Rent in Roanoke is 0.2% below its high of $1,594 in August 2026, at $1,591 as of September 2026.

Past year vs. the rest of Texas

Rent in Roanoke changed +0.6% over the year to September 2026. Across the 224 Texas cities Zillow tracks, the typical change was +1.0%.

Since before the pandemic

Rent in Roanoke is 29.8% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.

Recent direction

Rent rose in 6 of the last 12 months.

What a typical income covers

30% of the median household income ($97,295) is $2,432 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($2,010); a 3-bedroom is $2,560.

Cheaper nearby

Bedford, 13 miles away, rents for 16% less ($1,340/mo), about $3,000 a year in savings.

From Zillow's monthly rent index (ZORI) for Roanoke. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost
$19,092/yr
At $1,591/mo median
Rent Market Meter
Balanced Market
Renter's MarketBalancedLandlord's Market
Rents are roughly steady, with neither renters nor landlords holding a strong edge right now.
Based on rent-price momentum (+0.6% YoY, -0.2% MoM), not inventory.
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Demographics

Who lives here

Roanoke, TX is roughly split between renters and owners, has a large share of families with children, has a median income above the national average, 47.1% of residents hold a bachelor's degree or higher.

Population
10,286
Median income
$97,295
Median age
41.5
Renters
45.7%
Age distribution
25.2%
13.7%
38.8%
12.4%
Under 1825.2%
18–3413.7%
35–5438.8%
55–6412.4%
65+9.9%
Gender
46.5%
53.5%
Male46.5%
Female53.5%
Race & ethnicity
61.9%
22.9%
White61.9%
Black4.8%
Hispanic22.9%
Asian5.7%
Other4.7%
Education (25+)
16.6%
25.6%
47.1%
No HS diploma10.6%
HS diploma16.6%
Some college25.6%
Bachelor's+47.1%
Housing tenure
54.3%
45.7%
Owner54.3%
Renter45.7%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2021 vs 2026

How Roanoke, TX has changed in 5 years

Rent
$1,294 → $1,591
up 23.0%
Income
$111,694 → $97,295
down 12.9%
Population
9,270 → 10,286
up 11.0%
Renter share
40.1% → 45.7%
+5.6 pts
Bachelor's+
48.7% → 47.1%
-1.6 pts
Median age
37.5 → 41.5
+4.0 yrs

Rent in Roanoke, TX has climbed 23.0% since 2021, going from about $1,294 per month to roughly $1,591 today. Census figures show median household income at $97,295 today, compared with $111,694 five years earlier. Rent outpaced income growth by roughly 35.9 percentage points, which means renters are spending a larger slice of each paycheck on housing than they did in 2021. Headcount in the area went from 9,270 to 10,286 between 2021 and 2024, a 11.0% change. About 45.7% of households rent today, against 40.1% in 2021. The combined trend lines point to a market that has changed measurably from where it stood in early 2021.

Community

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View Roanoke rent history (2015–2026) →
Salary vs rent

Can you afford rent in Roanoke on your salary?

At $1,591/mo, how Roanoke rent compares to typical pay (30% rule).

By apartment size

Roanoke rent by bedroom count

Median rent for each apartment size in Roanoke. Click any size for full breakdown.

Local insights

Tips for renters in Roanoke

About renting in Roanoke, TX

Last updated: October 17, 2026

The median rent in Roanoke is $1,591/mo as of October 2026. A studio apartment averages $1,193/mo while a 2-bedroom runs $1,471/mo. One-bedroom apartments average $1,258/mo and 3-bedroom units go for $1,873/mo.

At 20% of local median household income ($97,295/yr), Roanoke ranks as affordable compared to the national benchmark of 30%. Rents have increased 0.6% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in Roanoke?

To keep rent at or below 30% of gross income, you would need to earn at least $64,000/year (about $31/hour full-time) to afford the median rent of $1,591/mo in Roanoke. The local median household income is $97,295/yr, so the typical household meets that bar.

Is rent going up or down in Roanoke?

Rent in Roanoke has risen 0.6% over the past year as of September 2026. It sits 0.2% below its high of $1,594 in August 2026.

How does Roanoke rent compare to other cities in Texas?

Roanoke is in the middle among Texas cities for rent, ranking #146 of 257 tracked cities at $1,591/mo. Over the year to September 2026, rent in Roanoke changed +0.6%, against a typical +1.0% across the 224 Texas cities Zillow tracks.
Income Affordability
20%
VERY AFFORDABLE

At $1,591/mo, rent takes ~20% of Roanoke's median household income ($97,295/yr). The standard benchmark is 30%.

Roanoke 20%Benchmark 30%
State income taxNone
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Roanoke, TX

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