Much like its surrounding areas, it's a lot less expensive compared to the entire country. Compared to the city of Aurora, it's substantially less expensive.
Home prices
Roanoke's median home value is $121,600. It is about $1,960 (1%) lower in comparison to its surrounding areas.Compared to the nation as a whole it is approximately $95,900 (44%) lower, and is approximately $62,800 (34%) lower in comparison to the city of Aurora.
Rents
In Roanoke the median monthly rent is $721. Compared to nearby areas it is roughly $48 (6%) lower.It is about $341 (32%) lower compared to the rest of the nation, and in comparison to the city of Aurora it is approximately $507 (41%) lower.
Nearby places
Secor
Secor is approximately 4 miles southeast of Roanoke. Its real estate prices are a lot less expensive. The median home in Secor is valued at $82,100, which comes out to $39,500 (48%) lower than Roanoke. Rents there are a bit more expensive. In Secor the median monthly rent is $875, which works out to $154 (17%) higher than Roanoke.
Benson
Benson is about 5 miles northeast of Roanoke. Its housing prices are a bit less expensive. The cost of the median home in Benson is $101,700, which comes out to $19,900 (19%) lower than Roanoke. Its rents are pretty similar. Benson's median rent is $692 a month, which works out to $29 (4%) lower than Roanoke.
Eureka
Eureka is approximately 6 miles southwest from Roanoke. Its housing prices are a little more expensive. The median home in Eureka costs $140,000, which comes out to $18,400 (13%) higher than Roanoke. Rents there are a little less expensive. The median monthly rent in Eureka is $599, which works out to $122 (20%) lower than Roanoke.
Metamora
Metamora is roughly 7 miles west of Roanoke. The real estate prices there are a little more expensive. Metamora's median home value is $171,300, which comes out to $49,700 (29%) higher than Roanoke. The rent there is a bit more expensive. In Metamora the median monthly rent is $918, which is $197 (21%) higher than Roanoke.
El Paso
El Paso is roughly 9 miles southeast of Roanoke. Real estate prices there are pretty similar. The median home in El Paso is valued at $122,700, which is very similar to Roanoke. Rent there is a little more expensive. The median monthly rent in El Paso is $763, which is $42 (5%) higher than Roanoke.
