Whether you dream of a great expanse of land, a modern downtown apartment, an old home, a suburban palace, or a waterfront manor, it can become a reality in the Roanoke Region. Surrounded by the beautiful Blue Ridge and Allegheny mountains, homes are not only first-class but affordable, too. With competitively low housing prices on top of a low cost of living, it’s no wonder why the Roanoke Region has been nationally recognized as one of the best places in the United States to live.
Great Homes and Low Prices
Median Price Roanoke MSA: $289,950 (U.S.- $374,900)
Source: Federal Reserve Bank, 2021
Housing Costs Index
| Region | Index |
|---|---|
| Roanoke, VA | 81.6 |
| National Average | 100 |
| Washington, DC | 225.1 |
| San Diego, CA | 222.2 |
| Asheville, NC | 107.6 |
| Charlottesville, VA | 103.8 |
| Richmond, VA | 90.3 |
Where Do You Want to Live?
While the Roanoke Region boasts competitively low cost living and housing prices, there is no shortage of housing choices and great neighborhoods. From rural farm land and old country roads to metropolitan living in luxury downtown apartments, the Roanoke Region has it all. You may choose an old neighborhood or waterfront living, a downtown apartment or countryside seclusion, but you’ll always have the same next door neighbor: the Blue Ridge Mountains.
See apartment listings here. See housing listings at the Roanoke Valley Association of Realtors.