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 homes for sale, for rent, and rent to own

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Listing Type
Description
Price
Nearest
Details
3 Beds, 1 Bath in Roanoke, VA 24014
Listing Type
Rent-To-Own
Description

3 Beds, 1 Bath

Roanoke, VA 24014

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Price
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School: Coming Soon
Grocery: Coming Soon
Restaurant: Coming Soon
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4 Beds, 3 Baths in Roanoke, VA 24019
Listing Type
For Sale By Owner
Description

4 Beds, 3 Baths

Roanoke, VA 24019

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Price
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Nearest
School: Bonsack Elem.
Grocery: 604 Minute Market
Restaurant: Edwards Investments Of Va
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3 Beds, 1 Bath in Roanoke, VA 24012
Listing Type
REO Foreclosure
Description

3 Beds, 1 Bath

Roanoke, VA 24012

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Price
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School: Coming Soon
Grocery: Coming Soon
Restaurant: Coming Soon
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2 Beds, 1 Bath in Roanoke, VA 24012
Listing Type
HUD Foreclosure
Description

2 Beds, 1 Bath

Roanoke, VA 24012

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Price
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Nearest
School: Parkway Christian Academy
Grocery: 460 Sky Mart
Restaurant: Sidetracks Sports Bar
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3 Beds, 1 Bath in Roanoke, VA 24036
Listing Type
For Sale By Owner
Description

3 Beds, 1 Bath

Roanoke, VA 24036

Accepting Offers

Price
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Nearest
School: Coming Soon
Grocery: Coming Soon
Restaurant: Coming Soon
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2 Beds, 2 Baths in Roanoke, VA 24014
Listing Type
For Sale By Owner
Description

2 Beds, 2 Baths

Roanoke, VA 24014

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Price
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Nearest
School: Crystal Spring Elem.
Grocery: Tinnell's Finer Foods Inc
Restaurant: Famous Anthonys
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3 Beds, 1 Bath in Roanoke, VA 24015
Listing Type
HUD Foreclosure
Description

3 Beds, 1 Bath

Roanoke, VA 24015

Accepting Offers

Price
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Nearest
School: Woodrow Wilson Middle School
Grocery: Quickway Food Store
Restaurant: 1 Stop Market
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3 Beds, 2 Baths in Roanoke, VA 24017
Listing Type
Fannie Mae/Freddie Mac
Description

3 Beds, 2 Baths

Roanoke, VA 24017

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Price
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Nearest
School: Westside Elementary School
Grocery: Hershberger Shell
Restaurant: Jalisco Tacos
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3 Beds, 1 Bath in Salem, VA 24153
Listing Type
For Sale By Owner
Description

3 Beds, 1 Bath

Salem, VA 24153

Accepting Offers

Price
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Nearest
School: Glen Cove Elem.
Grocery: Quick Way
Restaurant: Hibachi Express
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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: