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ZIP Code · VA

ZIP 24011

Part of Roanoke, VA
Pop. 784·Roanoke City·183rd most expensive ZIP in Virginia
Median rent (all units)
$1,438/mo
Year-over-Year
Stable
Month-over-Month
+7.4%
vs US Median
-$527
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 24011 · $1,438
More affordable than 78% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$1,040
1 BR
$1,090
2 BR
$1,300
3 BR
$1,810
4 BR+
$2,180
Research median
$1,300/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

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Last updated: July 20, 2026

Annual cost
$17,256/yr
At $1,438/mo median
Location
StateVA
CountyRoanoke City
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 0.0% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+0.0% YoY, +7.4% MoM), not inventory.
Demographics

Who lives here

ZIP 24011 (Roanoke, VA) is majority renter-occupied, skews toward younger working-age adults, has a median income below the national average, 72.8% of residents hold a bachelor's degree or higher.

Population
784
Median income
$54,986
Median age
31.6
Renters
92.9%
Age distribution
55.7%
27.4%
18–3455.7%
35–5427.4%
55–646.5%
65+10.3%
Gender
44.9%
55.1%
Male44.9%
Female55.1%
Race & ethnicity
74.4%
16.1%
White74.4%
Black16.1%
Hispanic2.6%
Asian1.4%
Other5.6%
Education (25+)
18.6%
72.8%
No HS diploma0.5%
HS diploma8.1%
Some college18.6%
Bachelor's+72.8%
Housing tenure
92.9%
Owner7.1%
Renter92.9%

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

2021 vs 2026

How ZIP 24011 in Roanoke, VA has changed in 5 years

Income
$56,779 → $54,986
down 3.2%
Population
734 → 784
up 6.8%
Renter share
90.3% → 92.9%
+2.6 pts
Bachelor's+
76.7% → 72.8%
-3.9 pts

Household income in the area moved from $56,779 to $54,986 across the same window, down 3.2% versus 2021. Census counts show ZIP 24011 in Roanoke, VA adding about 50 residents over the five-year window, up 6.8% on net. The renter share has risen from 90.3% to 92.9%, with owner-occupied housing accounting for the remainder. Bachelor's-degree-or-higher attainment moved from 76.7% to 72.8% across the same window.

Community

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Local insights

Tips for renters in ZIP 24011

About renting in ZIP 24011

Last updated: July 20, 2026

ZIP code 24011 covers Roanoke, VA. The median rent here is $1,438/mo as of July 2026. A 1-bedroom rents for a median of $1,090/mo. A 2-bedroom rents for a median of $1,300/mo.

At 31% of local median household income ($54,986/yr), ZIP 24011 ranks as moderate compared to the national benchmark of 30%. Rent prices have stayed steady over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 24011?

As of July 20, 2026, the median monthly rent in ZIP 24011 (Roanoke, VA) is $1,438. This is based on aggregated data from public sources and community submissions.

How does ZIP 24011 rent compare to the US average?

ZIP 24011's median rent of $1,438/mo is $527 (27%) below the US national median of $1,965/mo.

How does ZIP 24011 compare to other ZIPs in Virginia?

ZIP 24011 is among the more affordable ZIP codes in Virginia, ranking #183 out of 198 ZIPs at $1,438/mo.

How much income do you need to rent in ZIP 24011?

To keep rent at or below 30% of gross income, you would need to earn at least $58,000/year (~$28/hour full-time) to afford the median rent of $1,438/mo in ZIP 24011. The local median household income is $54,986/yr, meaning the typical household falls short of that threshold.

Is rent going up or down in ZIP 24011?

Rent in ZIP 24011 has been relatively stable over the past year, with a 0.0% change year over year as of July 20, 2026.

Is ZIP 24011 an affordable place to rent?

ZIP 24011 is considered moderate for renters. At $1,438/mo, rent takes approximately 31% of the local median household income ($54,986/yr). The standard benchmark is 30%. ZIP 24011 slightly exceeds that threshold, so budgeting carefully matters here.

What percentage of ZIP 24011 residents rent vs. own?

According to Census data, approximately 92.9% of ZIP 24011 households are renters, while 7.1% are owner-occupied. With a majority renter population, ZIP 24011 has a strong rental market.

How does ZIP 24011 compare to the rest of Roanoke?

ZIP 24011 is pricier than Roanoke as a whole. At $1,438/mo, it's $44 above the Roanoke citywide median of $1,394/mo.

When was rent data for ZIP 24011 last updated?

Rent data for ZIP 24011 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
31%
MODERATE

At $1,438/mo, rent takes ~31% of ZIP 24011's median household income ($54,986/yr). The standard benchmark is 30%.

ZIP 24011 31%Benchmark 30%
State income tax2–5.75%
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Schools nearby

Public schools near ZIP 24011 (Roanoke, VA)

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