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ZIP Code · VA

ZIP 24017

Part of Roanoke, VA
Pop. 23,678·Roanoke City·184th most expensive ZIP in Virginia
Median rent (all units)
$1,388/mo
Year-over-Year
+11.2%
Month-over-Month
Stable
vs US Median
-$577
Stable (Monthly)
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Most AffordableMost Expensive
ZIP 24017 · $1,388
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
$980
1 BR
$1,030
2 BR
$1,230
3 BR
$1,710
4 BR+
$2,060
Research median
$1,230/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
$16,656/yr
At $1,388/mo median
Location
StateVA
CountyRoanoke City
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 11.2% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+11.2% YoY, +0.0% MoM), not inventory.
Demographics

Who lives here

ZIP 24017 (Roanoke, VA) is roughly split between renters and owners, has a median income below the national average, 20% of residents hold a bachelor's degree or higher.

Population
23,678
Median income
$47,360
Median age
38
Renters
45%
Age distribution
24.6%
22%
22.5%
12.8%
18.1%
Under 1824.6%
18–3422%
35–5422.5%
55–6412.8%
65+18.1%
Gender
50.6%
49.4%
Male50.6%
Female49.4%
Race & ethnicity
29.7%
56.7%
White29.7%
Black56.7%
Hispanic10.2%
Asian3.9%
Education (25+)
13.4%
40.2%
26.4%
20%
No HS diploma13.4%
HS diploma40.2%
Some college26.4%
Bachelor's+20%
Housing tenure
55%
45%
Owner55%
Renter45%

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

2021 vs 2026

How ZIP 24017 in Roanoke, VA has changed in 5 years

Income
$39,424 → $47,360
up 20.1%
Population
23,333 → 23,678
up 1.5%
Renter share
47.8% → 45%
-2.8 pts
Bachelor's+
16% → 20%
+4.0 pts

On the earnings side, the typical household in ZIP 24017 in Roanoke, VA now reports about $47,360, up from $39,424 in 2021. Headcount in the area went from 23,333 to 23,678 between 2021 and 2024, a 1.5% change. About 45% of households rent today, against 47.8% in 2021. Educational attainment has shifted as well, with the share of adults holding a bachelor's degree or higher climbed from 16% to 20%.

Community

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Local insights

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About renting in ZIP 24017

Last updated: July 20, 2026

ZIP code 24017 covers Roanoke, VA. The median rent here is $1,388/mo as of July 2026. A 1-bedroom rents for a median of $1,030/mo. A 2-bedroom rents for a median of $1,230/mo.

At 35% of local median household income ($47,360/yr), ZIP 24017 ranks as moderate compared to the national benchmark of 30%. Rents have increased 11.2% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 24017?

As of July 20, 2026, the median monthly rent in ZIP 24017 (Roanoke, VA) is $1,388. This is based on aggregated data from public sources and community submissions.

How does ZIP 24017 rent compare to the US average?

ZIP 24017's median rent of $1,388/mo is $577 (29%) below the US national median of $1,965/mo.

How does ZIP 24017 compare to other ZIPs in Virginia?

ZIP 24017 is among the more affordable ZIP codes in Virginia, ranking #184 out of 198 ZIPs at $1,388/mo.

How much income do you need to rent in ZIP 24017?

To keep rent at or below 30% of gross income, you would need to earn at least $56,000/year (~$27/hour full-time) to afford the median rent of $1,388/mo in ZIP 24017. The local median household income is $47,360/yr, meaning the typical household falls short of that threshold.

Is rent going up or down in ZIP 24017?

Rent in ZIP 24017 has increased 11.2% over the past year as of July 20, 2026, putting upward pressure on renter budgets.

Is ZIP 24017 an affordable place to rent?

ZIP 24017 is considered moderate for renters. At $1,388/mo, rent takes approximately 35% of the local median household income ($47,360/yr). The standard benchmark is 30%. ZIP 24017 slightly exceeds that threshold, so budgeting carefully matters here.

What percentage of ZIP 24017 residents rent vs. own?

According to Census data, approximately 45% of ZIP 24017 households are renters, while 55% are owner-occupied. ZIP 24017 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 24017 compare to the rest of Roanoke?

ZIP 24017 is more affordable than Roanoke overall. At $1,388/mo, it's $6 below the Roanoke citywide median of $1,394/mo.

When was rent data for ZIP 24017 last updated?

Rent data for ZIP 24017 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
35%
MODERATE

At $1,388/mo, rent takes ~35% of ZIP 24017's median household income ($47,360/yr). The standard benchmark is 30%.

ZIP 24017 35%Benchmark 30%
State income tax2–5.75%
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Schools nearby

Public schools near ZIP 24017 (Roanoke, VA)

Recent submissions

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