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Roanoke city, VA

ZIP 24013 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Working ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 24013

Median Home Value
$111,500
Median Rent
$790
Affordability Snapshot
$31,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$716/mo PITI).

18%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

2.1x
Home Price-to-Income Ratio

Below 3x — relatively affordable housing market.

11.8 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 24013 in Roanoke city, VA, a household would need roughly $31,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $716. That sits below the local median household income ($53,070), suggesting the typical household income is closer to a workable buy-in level under these assumptions. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Vacancy rate 22% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
45.3%-31% vs US avg
x
Vacancy Rate
22.1%+115% vs US avg
x
Broadband Access
83.2%-4% vs US avg
x
4+ Bedrooms
3.8%-74% vs US avg
x
Built Pre-1939
7.2%-44% vs US avg
x
Built Post-2014
0.0%
x
Rent Burden >30%
15.2%-69% vs US avg
x
Mortgage-Free
47.8%+25% vs US avg
x
$111,500
Home Value
$790
Rent
1938
Year Built
2014
Moved In

Residents have lived here since ~2014 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached66.9%
  • 1-unit attached2.5%
  • 2-9 units25.2%
  • 10+ units3.7%
  • Mobile home & other1.7%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$111,500
Median rent$790
Owner-occupied45.3%
Vacant22.1%
Price-to-income2.1x
Est. income to buy$31,000