Most Affordable ZIP Codes in Roanoke, VA (2026)
The lowest entry prices that still hold a decent investability rating — cheap is only useful if the market underneath it is sound.
| # | ZIP | City | Home value | Rent | Cap rate | 5-yr growth |
|---|---|---|---|---|---|---|
| 1 | 24085 | Eagle Rock, VA | $138,749 | $972 | 5.46% | -0.3% |
| 2 | 24013 | Roanoke, VA | $151,429 | $1,359 | 7.00% | 7.7% |
| 3 | 24016 | Roanoke, VA | $169,642 | $1,124 | 5.17% | 7.6% |
| 4 | 24017 | Roanoke, VA | $190,160 | $1,528 | 6.27% | 8.2% |
| 5 | 24066 | Buchanan, VA | $228,197 | $1,179 | 4.03% | 3.8% |
| 6 | 24127 | New Castle, VA | $229,261 | $927 | 3.15% | 4.9% |
| 7 | 24102 | Henry, VA | $232,002 | $819 | 2.75% | 6.1% |
| 8 | 24012 | Roanoke, VA | $235,104 | $1,472 | 4.88% | 7.1% |
| 9 | 24088 | Ferrum, VA | $259,594 | $819 | 2.46% | 6.5% |
| 10 | 24077 | Troutville, VA | $271,045 | $1,296 | 3.73% | 4.6% |
| 11 | 24151 | Rocky Mount, VA | $276,663 | $855 | 2.41% | 7.4% |
| 12 | 24179 | Vinton, VA | $292,628 | $1,392 | 3.71% | 7.0% |
| 13 | 24014 | Roanoke, VA | $299,913 | $1,241 | 3.23% | 6.8% |
| 14 | 24015 | Roanoke, VA | $307,878 | $1,363 | 3.45% | 7.0% |
| 15 | 24153 | Salem, VA | $312,358 | $1,609 | 4.02% | 6.4% |
| 16 | 24092 | Gladehill, VA | $313,472 | $945 | 2.35% | 7.4% |
| 17 | 24019 | Roanoke, VA | $314,169 | $1,418 | 3.52% | 6.3% |
| 18 | 24064 | Blue Ridge, VA | $319,483 | $1,260 | 3.08% | 5.4% |
| 19 | 24067 | Callaway, VA | $332,766 | $819 | 1.92% | 6.5% |
| 20 | 24065 | Boones Mill, VA | $338,934 | $927 | 2.13% | 7.0% |
| 21 | 24090 | Fincastle, VA | $342,144 | $1,134 | 2.59% | 4.2% |
| 22 | 24175 | Troutville, VA | $342,670 | $1,053 | 2.40% | 4.8% |
| 23 | 24059 | Bent Mountain, VA | $353,770 | $1,089 | 2.40% | 8.1% |
| 24 | 24070 | Catawba, VA | $363,826 | $999 | 2.14% | 7.3% |
| 25 | 24018 | Roanoke, VA | $385,066 | $1,680 | 3.40% | 6.1% |
Ranked from Repit’s own ZIP-level data — Zillow home values and rents, HUD fair-market rents where Zillow has no coverage, and U.S. Census vacancy. Cap rate is gross: annual rent over purchase price, before financing and expenses. Every ZIP above links to its full free page. How we calculate this →
Same metro, different strategy
Cash Flow in Roanoke, VA · Appreciation in Roanoke, VA
Or see the full Roanoke, VA metro profile.