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Metropolitan Statistical Area

Cost of living in the Roanoke Metro Area

6 counties across VA. Population: 314,661.

Avg. 1-bed rent
$919/mo
Avg. household income
$69,081/yr
Avg. home value
$229,777
Avg. monthly cost
$3,045/mo

Last updated May 22, 2026

Rent in the Roanoke Metro Area

Average rent across the Roanoke metro area, weighted by county population.

Studio
$857
per month
1 bedroom
$919
per month
2 bedroom
$1,094
per month
3 bedroom
$1,531
per month
4 bedroom
$1,811
per month

Source: HUD FMR + ACS (population-weighted metro average)

Income and earnings in the Roanoke Metro Area

Earnings data averaged across all 6 counties.

Household income
$69,081
per year
Individual earnings
$42,585
per year
Per capita
$39,434
per year

Source: ACS (population-weighted metro average)

Home values in the Roanoke Metro Area

Average home values and annual property tax across the metro.

Average home value
$229,777
Average annual property tax
$1,886

Source: ACS (population-weighted metro average)

Energy costs in the Roanoke Metro Area

Residential electricity and natural gas estimates.

Monthly electricity
$153
per month
Monthly gas
$49
per month
Annual total
$2,424
per year

Source: EIA (state averages applied per county, weighted)

All 6 counties in the Roanoke Metro Area

The Roanoke metro area includes 6 counties. Sorted by population.

Compare counties in the Roanoke Metro Area

Put two counties side by side to see how rent, taxes and everyday costs stack up across the metro.

Open comparison tool

Frequently asked questions about the Roanoke Metro Area

Common questions about cost of living in the metro area.

What is the cost of living in the Roanoke Metro Area?

The estimated average cost of living in the Roanoke metro area is approximately $3,045 per month for a single person. This is a population-weighted average across the 6 counties that make up the metro area.

What is the average rent in the Roanoke Metro Area?

The average one-bedroom rent across the Roanoke metro area is $919 per month, based on HUD Fair Market Rent data weighted by county population.

What is the cheapest county in the Roanoke Metro Area?

Franklin County, VA is the most affordable county in the Roanoke metro area at approximately $2,870 per month for a single person.

What is the most expensive county in the Roanoke Metro Area?

Craig County, VA is the most expensive county in the Roanoke metro area at approximately $3,222 per month for a single person.

How many counties are in the Roanoke Metro Area?

The Roanoke metro area covers 6 counties. The five largest by population are Roanoke city, Roanoke County, Franklin County, Botetourt County, Salem city.

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About this data

All figures come from official U.S. government sources. Metro-area averages are population-weighted across constituent counties using Census ACS population estimates.