Home prices
The median home in Roanoke costs $85,900. In comparison to nearby areas it is approximately $23,720 (21%) lower.In comparison to the entire country it is roughly $131,600 (60%) lower, and is roughly $204,500 (70%) lower in comparison to the city of Atlanta.
Rents
The median monthly rent in Roanoke is $602. In comparison to its surrounding areas it is approximately $96 (19%) higher.It is about $460 (43%) lower compared to the US as a whole, and is approximately $551 (47%) lower compared to the city of Atlanta.
Nearby places
Wadley
Wadley is roughly 10 miles west of Roanoke. Real estate prices there are a bit more expensive. The median home in Wadley costs $91,100, which works out to $5,200 (5%) higher than Roanoke. Rent there is substantially less expensive. Wadley's median monthly rent is $388, which comes out to $214 (55%) lower than Roanoke.
Wedowee
Wedowee is about 13 miles northwest of Roanoke. Real estate prices there are a bit more expensive. The cost of the median home in Wedowee is $120,000, which is $34,100 (28%) higher than Roanoke. Rents there are significantly less expensive. The median monthly rent in Wedowee is $444, which is $158 (35%) lower than Roanoke.
Daviston
Daviston is roughly 15 miles southwest from Roanoke. Real estate prices there are pretty similar. The value of the median home in Daviston is $84,200, which comes out to $1,700 (2%) lower than Roanoke. Rent there is a little more expensive. Daviston's median monthly rent is $658, which is $56 (8%) higher than Roanoke.
Franklin
Franklin is approximately 17 miles northeast of Roanoke. The real estate prices there are substantially more expensive. The median home in Franklin costs $140,300, which is $54,400 (38%) higher than Roanoke. Its rents are substantially less expensive. In Franklin the median monthly rent is $363, which works out to $239 (65%) lower than Roanoke.
Woodland
Woodland is roughly 17 miles north of Roanoke. Its real estate prices are a bit more expensive. The median home value in Woodland is $112,500, which comes out to $26,600 (23%) higher than Roanoke. The rent there is a bit more expensive. The median rent in Woodland is $675 per month, which comes out to $73 (10%) higher than Roanoke.