Rent to Own Homes near Roanoke, VA

Top Reasons to Live in Roanoke VA

Housing Statistics

  • Before making a buying decision about this or any other city, buyers need to consider the overall marketplace. Roanoke is much like other areas of the country in which the housing market collapsed significantly between 2007 and 2010. However, it has rebounded, and you can find affordable, high-quality homes for sale here. There are also numerous areas of residential housing priced appropriately for rental homes. The average listing price for a home here is $228,641 for the week ending August 14, 2013. Compared to the previous year, this was a 2.5 percent increase in overall listing price value. The average sale price for a one-bedroom home was $150,951, and for a two-bedroom home it was $136,146. For three bedrooms, the sale price stood at $173,743, and for four-bedroom homes it reached $256,639. In addition to this information, home buyers in the Roanoke area may be interested in knowing a bit more about the financial and housing aspects of the city before searching for rent to own houses. The median household income here is $36,834. The annual residential turnover is 19 percent, and the median years in residence is three years. Close to 50 percent of homes are owner occupied, and the apartment vacancy rate hovers around 5 to 7 percent. This information can help buyers decide whether the area is ideal for a rental purchase.

Check out Roanoke, VA Craigslist homes for sale, for rent, and rent to own

Photo
Listing Type
Description
Price
Nearest
Details
2 Beds, 1 Bath on 17th St NE
Listing Type
REO Foreclosure
Description

2 Beds, 1 Bath

Roanoke, VA 24012

Accepting Offers

Price
Click for Deals
Nearest
School: Fallon Park Elem.
Grocery: 460 Sky Mart
Restaurant: Nanjing Restaurant
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3 Beds, 1 Bath on Kentucky Ave NW
Listing Type
REO Foreclosure
Description

3 Beds, 1 Bath

Roanoke, VA 24017

Accepting Offers

Price
Click for Deals
Nearest
School: Westside Elementary School
Grocery: Stop In Food Stores
Restaurant: El Charly Y Familia
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2 Beds, 1 Bath on Hubert Rd NW
Listing Type
For Sale By Owner
Description

2 Beds, 1 Bath

Roanoke, VA 24012

Accepting Offers

Price
Click for Deals
Nearest
School: Breckinridge Middle School
Grocery: La Bodeguilta Hispana Mini
Restaurant: Thai Orchid
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2 Beds, 1 Bath on Hubert Rd NW
Listing Type
For Sale By Owner
Description

2 Beds, 1 Bath

Roanoke, VA 24012

Accepting Offers

Price
Click for Deals
Nearest
School: Breckinridge Middle School
Grocery: La Bodeguilta Hispana Mini
Restaurant: Thai Orchid
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3 Beds, 3 Baths on Windward Dr SW
Listing Type
For Sale By Owner
Description

3 Beds, 3 Baths

Roanoke, VA 24015

Accepting Offers

Price
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Nearest
School: Green Valley Elem.
Grocery: P M Foods Inc
Restaurant: Cheeburger Cheeburger
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3 Beds, 1 Bath on Melrose Ave NW
Listing Type
REO Foreclosure
Description

3 Beds, 1 Bath

Roanoke, VA 24017

Accepting Offers

Price
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Nearest
School: Forest Park Academy
Grocery: Hnn Corp
Restaurant: Moe's Deli
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3 Beds, 1 Bath on Nancy Dr NW
Listing Type
Fannie Mae/Freddie Mac
Description

3 Beds, 1 Bath

Roanoke, VA 24017

Accepting Offers

Price
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Nearest
School: New Vista Montessori School
Grocery: Quality Meats Inc
Restaurant: Roanoke Wiener Stand
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3 Beds, 1 Bath on Layman St NW
Listing Type
Auction
Description

3 Beds, 1 Bath

Roanoke, VA 24012

Accepting Offers

Price
Click for Deals
Nearest
School: Breckinridge Middle School
Grocery: One Stop Market
Restaurant: Freeze Richee
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3 Beds, 1 Bath on Wynmere Dr
Listing Type
VA Foreclosure
Description

3 Beds, 1 Bath

Roanoke, VA 24018

Accepting Offers

Price
Click for Deals
Nearest
School: Oak Grove Elementary School
Grocery: Sippie's Foods
Restaurant: Famous Anthony's
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  • School Systems The Roanoke City Public School system is the main provider of education here. The city has two main high schools: Patrick Henry High School and William Fleming High School. It has six public middle schools. The city is also home to several private schools, including North Cross, Roanoke Catholic, Community High School, and Vista Montessori. In terms of higher education, there are two colleges nearby, including Roanoke College and Hollins University. Other schools are easily accessible, including Virginia Tech and Virginia Western Community College.
  • Transportation and Commutes It's easy to get around this city and the region as a whole. Interstate 581 is the main highway through the city. Interstate 81 is the main thoroughfare in the northern portion. US Route 220 is also available and connects the city to Greensboro, North Carolina, and Martinsville. Other major routes through the city include US Route 221, State Route 117, State Route 101 and US Route 460. The Valley Metro is a public busing system serving the entire city. Additionally, RIDE Solutions is present here, which offers opportunities for biking assistance, carpooling matchups, and telework services for businesses and for citizens.
  • Neighborhoods When you're considering houses for sale in Roanoke, evaluate the individual neighborhoods. There are several areas that seem separate or have their own flare and style. Here are a few to consider: