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ZIP Code · VA

ZIP 24014

Part of Roanoke, VA
Pop. 15,300·Roanoke City·185th most expensive ZIP in Virginia
Median rent (all units)
$1,386/mo
Year-over-Year
+24.1%
Month-over-Month
+0.9%
vs US Median
-$579
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 24014 · $1,386
More affordable than 81% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$910
1 BR
$960
2 BR
$1,140
3 BR
$1,580
4 BR+
$1,910
Research median
$1,140/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
$16,632/yr
At $1,386/mo median
Location
StateVA
CountyRoanoke City
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 24.1% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+24.1% YoY, +0.9% MoM), not inventory.
Demographics

Who lives here

ZIP 24014 (Roanoke, VA) is majority owner-occupied, has a large retiree population, 38.1% of residents hold a bachelor's degree or higher.

Population
15,300
Median income
$70,381
Median age
50.8
Renters
29%
Age distribution
13.8%
19.9%
23.2%
17.2%
25.9%
Under 1813.8%
18–3419.9%
35–5423.2%
55–6417.2%
65+25.9%
Gender
48.5%
51.5%
Male48.5%
Female51.5%
Race & ethnicity
86.4%
White86.4%
Black4.1%
Hispanic4.9%
Asian1.4%
Other3.2%
Education (25+)
29.7%
22.7%
38.1%
No HS diploma9.6%
HS diploma29.7%
Some college22.7%
Bachelor's+38.1%
Housing tenure
71%
29%
Owner71%
Renter29%

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

2021 vs 2026

How ZIP 24014 in Roanoke, VA has changed in 5 years

Income
$54,455 → $70,381
up 29.2%
Population
16,434 → 15,300
down 6.9%
Renter share
35.3% → 29%
-6.3 pts
Bachelor's+
33.7% → 38.1%
+4.4 pts
Median age
46.1 → 50.8
+4.7 yrs

Local incomes tracked alongside that move, going from a median of $54,455 in 2021 to $70,381 more recently. Headcount in the area went from 16,434 to 15,300 between 2021 and 2024, a 6.9% change. About 29% of households rent today, against 35.3% in 2021. Educational attainment has shifted as well, with the share of adults holding a bachelor's degree or higher climbed from 33.7% to 38.1%.

Community

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Local insights

Tips for renters in ZIP 24014

About renting in ZIP 24014

Last updated: July 20, 2026

ZIP code 24014 covers Roanoke, VA. The median rent here is $1,386/mo as of July 2026. A 1-bedroom rents for a median of $960/mo. A 2-bedroom rents for a median of $1,140/mo.

At 24% of local median household income ($70,381/yr), ZIP 24014 ranks as affordable compared to the national benchmark of 30%. Rents have increased 24.1% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 24014?

As of July 20, 2026, the median monthly rent in ZIP 24014 (Roanoke, VA) is $1,386. This is based on aggregated data from public sources and community submissions.

How does ZIP 24014 rent compare to the US average?

ZIP 24014's median rent of $1,386/mo is $579 (29%) below the US national median of $1,965/mo.

How does ZIP 24014 compare to other ZIPs in Virginia?

ZIP 24014 is among the more affordable ZIP codes in Virginia, ranking #185 out of 198 ZIPs at $1,386/mo.

How much income do you need to rent in ZIP 24014?

To keep rent at or below 30% of gross income, you would need to earn at least $55,000/year (~$26/hour full-time) to afford the median rent of $1,386/mo in ZIP 24014. The local median household income is $70,381/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 24014?

Rent in ZIP 24014 has increased 24.1% over the past year as of July 20, 2026, putting upward pressure on renter budgets.

Is ZIP 24014 an affordable place to rent?

ZIP 24014 is considered very affordable for renters. At $1,386/mo, rent takes approximately 24% of the local median household income ($70,381/yr). The standard benchmark is 30%. ZIP 24014 falls comfortably within that range.

What percentage of ZIP 24014 residents rent vs. own?

According to Census data, approximately 29% of ZIP 24014 households are renters, while 71% are owner-occupied. ZIP 24014 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 24014 compare to the rest of Roanoke?

ZIP 24014 is more affordable than Roanoke overall. At $1,386/mo, it's $8 below the Roanoke citywide median of $1,394/mo.

When was rent data for ZIP 24014 last updated?

Rent data for ZIP 24014 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
24%
VERY AFFORDABLE

At $1,386/mo, rent takes ~24% of ZIP 24014's median household income ($70,381/yr). The standard benchmark is 30%.

ZIP 24014 24%Benchmark 30%
State income tax2–5.75%
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Schools nearby

Public schools near ZIP 24014 (Roanoke, VA)

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