ZIP Code · VA

ZIP 24015

Part of Roanoke, VA

Pop. 15,865·Roanoke City·177th most expensive ZIP in Virginia

Median rent (all units)

$1,395/mo

Year-over-Year

+2.1%

Month-over-Month

-1.1%

vs US Median

-$537

Reported rents

Falling (Monthly)

Be the first to discuss 24015 rents ↓

Most AffordableMost Expensive

ZIP 24015 · $1,395

More affordable than 80% of US ZIP codes · National median $1,932/mo

Rent check

Is your rent fair?

Compare your rent to the local median.

Medians by bedroom

Rent by unit size

Studio

$860

1 BR

$910

2 BR

$1,080

3 BR

$1,500

4 BR+

$1,810

Research median

$1,080/mo

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

Rent trends

12-month history

Loading…

Last updated: October 17, 2026

From the history

What the numbers show

Compared with the peak

Rent in ZIP 24015 is 1.1% below its high of $1,410 in August 2026, at $1,395 as of September 2026.

Past year vs. the rest of Virginia

Rent in ZIP 24015 changed +2.1% over the year to September 2026. Across the 169 Virginia ZIP codes Zillow tracks, the typical change was +3.4%.

Recent direction

Rent rose in 7 of the last 12 months.

What a typical income covers

30% of the median household income ($69,831) is $1,746 a month. That covers HUD's Fair Market Rent for up to a 3-bedroom ($1,500); a 4-bedroom is $1,810.

Rank in Roanoke

6th cheapest of 8 ZIP codes in Roanoke.

Cheaper nearby

ZIP 24016, 2 miles away, rents for 21% less ($1,102/mo), about $3,500 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 24015. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost

$16,740/yr

At $1,395/mo median

Location

CityRoanoke

StateVA

CountyRoanoke City

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 (+2.1% YoY, -1.1% MoM), not inventory.

Demographics

Who lives here

ZIP 24015 (Roanoke, VA) is majority owner-occupied, 47.7% of residents hold a bachelor's degree or higher.

Population

15,865

Median income

$69,831

Median age

36.7

Renters

36.2%

Age distribution

24.2%

23.2%

26.7%

15.6%

Under 1824.2%

18–3423.2%

35–5426.7%

55–6410.2%

65+15.6%

Gender

41.7%

58.3%

Male41.7%

Female58.3%

Race & ethnicity

81.5%

White81.5%

Black7%

Hispanic5%

Asian2.4%

Other4%

Education (25+)

24.2%

25.3%

47.7%

No HS diploma2.8%

HS diploma24.2%

Some college25.3%

Bachelor's+47.7%

Housing tenure

63.8%

36.2%

Owner63.8%

Renter36.2%

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

2023 vs 2026

How ZIP 24015 in Roanoke, VA has changed in 5 years

Rent

$1,189 → $1,395

up 17.3%

Income

$62,109 → $69,831

up 12.4%

Population

15,824 → 15,865

up 0.3%

Renter share

42.6% → 36.2%

-6.4 pts

Bachelor's+

42.9% → 47.7%

+4.8 pts

Median age

37.2 → 36.7

-0.5 yrs

Compared with 2023, rent in ZIP 24015 in Roanoke, VA has increased by $206 per month, settling near $1,395 after starting the period at $1,189. Household income in the area moved from $62,109 to $69,831 across the same window, up 12.4% versus 2021. Rent outpaced income growth by roughly 4.9 percentage points, which means renters are spending a larger slice of each paycheck on housing than they did in 2021. About 36.2% of households rent today, against 42.6% in 2021. Educational attainment has shifted as well, with the share of adults holding a bachelor's degree or higher climbed from 42.9% to 47.7%. Reading these numbers side by side helps frame whether current listings in ZIP 24015 in Roanoke, VA look reasonable against where the market sat half a decade ago.

Community

Discussions about ZIP 24015

No discussions yet. Start the conversation.

Local insights

Tips for renters in ZIP 24015

About renting in ZIP 24015

Last updated: October 17, 2026

ZIP code 24015 covers Roanoke, VA. The median rent here is $1,395/mo as of October 2026. A 1-bedroom rents for a median of $910/mo. A 2-bedroom rents for a median of $1,080/mo.

At 24% of local median household income ($69,831/yr), ZIP 24015 ranks as affordable compared to the national benchmark of 30%. Rents have increased 2.1% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 24015?

To keep rent at or below 30% of gross income, you would need to earn at least $56,000/year (about $27/hour full-time) to afford the median rent of $1,395/mo in ZIP 24015. The local median household income is $69,831/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 24015?

Rent in ZIP 24015 has risen 2.1% over the past year as of September 2026. It sits 1.1% below its high of $1,410 in August 2026.

How does ZIP 24015 compare to other ZIPs in Virginia?

ZIP 24015 is one of the more affordable among Virginia ZIP codes for rent, ranking #177 of 194 at $1,395/mo. Over the year to September 2026, rent in ZIP 24015 changed +2.1%, against a typical +3.4% across the 169 Virginia ZIP codes Zillow tracks.