Safe Rate Local
Learn about the people, housing, costs and businesses in Roanoke County
Select a topic to explore real data for Roanoke City.
FHA, VA, Conventional & Jumbo · Purchase & Refi rates in Roanoke.
Estimate payments for homes in Roanoke.
People, housing & businesses in Roanoke.
Find and compare lenders active near Roanoke.
Homeowners, flood & wildfire estimates for Roanoke.
Income, rent and all-in ownership costs for Roanoke.
FEMA flood zones and flood insurance estimates for Roanoke.
Seismic risk and earthquake insurance estimates for Roanoke.
Wildfire exposure and insurance estimates for Roanoke.
As of today, the 30-year fixed mortgage rate for Roanoke is approximately 7.161% (7.190% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.
View current rates for RoanokeThe median home value in Roanoke is $211k. The median monthly rent is $1,013. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.
Home values in Roanoke have increased 20.9% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.
Based on a typical all-in ownership cost of $991/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $42k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Roanoke is $56k/year.
Calculate your buying powerThe largest employment sectors in Roanoke are public administration (28%) and retail (10%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.
Adjacent counties and areas