Housing market/Virginia/ZIP 24015

ACS 2023 · FY2027 SAFMR

ZIP 24015 Roanoke, Virginia

Roanoke, VA HUD Metro FMR Area · Virginia. Census housing stock, renter economics, HUD SAFMR, LIHTC, and population change. Not a listing page and not a buy/sell score.

Population
15,761
Households
7,136
Median HH income
$69,840
Renter share
37.3%
Median gross rent
$884
Vacancy
6.0%
Pop. change
+3.6%
2BR SAFMR
$1,220
SAFMR / rent
1.380×
2–49 unit stock
2,246
LIHTC proj / units
2 / 187
HUD assisted MF
—

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 24015 · VA — sent to you.

ZIP 24015 · VA

ACS median rent$884
2BR SAFMR$1,220
90% floor$1,098
110% ceiling$1,342

ACS median is all-bedroom occupied rent. SAFMR is the 2-bedroom HCV benchmark.

Housing stock

ACS 2023 units-in-structure · ZCTA 24015

  • 1-unit detached4,98465.6%
  • 1-unit attached1562.1%
  • 2–4 units1,09114.4%
  • 5–49 units1,15515.2%
  • 50+ units1201.6%
  • Mobile871.1%
TypeUnitsShare
1-unit detached4,98465.6%
1-unit attached1562.1%
2 units (duplex)7139.4%
3–4 units3785.0%
5–9 units4245.6%
10–19 units4846.4%
20–49 units2473.3%
50+ units1201.6%
Mobile871.1%

2–4 unit share 14.4% · 5–49 unit share 15.2% · combined 2–49 29.6%.

Units by bedrooms

Studio
178
1BR
818
2BR
2,292
3BR
2,888
4BR
1,183
5+
234

Rent burden

Rent ≥30% of income40.4%
Rent ≥50% of income24.3%
  • ACS median gross rent $884 (all bedrooms, occupied rentals).
  • Median contract rent $752.
  • Renters paying ≥30% of income 40.4%; ≥50% 24.3%.
  • FY2027 2BR SAFMR $1,220 (1.380× ACS median gross rent).

Population

15,761 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: +3.6%.

ACS 5-year estimates lag current construction. This is not a forecast.

Assisted inventory

  • LIHTC: 2 projects, 187 units.
  • HUD project-based assisted MF: not published for this ZIP.
  • HCV household counts (Picture of Subsidized Households) are not on this page yet.

New apartment permits

About 312 new apartments in 5+ unit buildings may have been permitted in this ZIP’s share of the county. That is units (doors), not a building count.

Cities and counties report building permits to the Census. Apartment counts are for the whole county, not a project list in this ZIP.

What the data shows

ZIP 24015 37.3% of occupied households are renters; vacancy is 6.0%; ACS median gross rent is $884; population increased +3.6% between the 2018 and 2023 ACS vintages; the housing stock includes 1,091 units in 2–4-unit structures and 1,155 units in 5–49-unit structures; 2 LIHTC projects totaling 187 units; FY2027 2BR SAFMR is $1,220 versus ACS median gross rent of $884. These figures describe the underlying housing market, not the cash flow of any one property. Asking rents, expenses, condition, taxes, insurance, and the rent roll have to be underwritten separately.

Virginia research

ZIP 24015 is a Census / HUD profile for Roanoke, VA. Not a listing page. Brokerage is Georgia; out-of-state work is referral.

Nearby ZIPs in this FMR area

Census ZIP areas approximate mail ZIPs. Sources: Census ACS 5-year 2023, HUD FY2027 Small Area FMR, HUD LIHTC and assisted multifamily lists, Census building permits (county). This page is Virginia research. Brokerage is Georgia.

FAQ

What is the housing market like in ZIP 24015?

ZIP 24015 (Roanoke, VA HUD Metro FMR Area) has 15,761 residents, 7,136 households, a renter share of 37.3%, median household income of $69,840, and ACS 2023 median gross rent of $884. Vacancy is 6.0%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 24015?

ACS counts 713 units in 2-unit buildings, 378 in 3–4 unit buildings, 424 in 5–9, 484 in 10–19, and 247 in 20–49. Combined 2–49 unit stock is 2,246 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 24015?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,220. See the full schedule and 90–110% payment-standard band on the ZIP 24015 — Roanoke, VA HUD Section 8 Payment Standards / SAFMR.

Does this Virginia ZIP profile include Georgia listings?

No. ZIP 24015 is Census / HUD research for Roanoke, VA HUD Metro FMR Area. Jeff Crowe CRE does not list Virginia property. Licensed brokerage is Georgia. If you use this stock table and then buy in Georgia, live FMLS Residential Income is on multifamily for sale in Georgia.