HousingHandbookReference data

U.S. ZIP Code · VA24013

Roanoke city · Roanoke, VA

Typical home value

$144,212[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
-4.1%
5-year / yr
+6.7%
10-year / yr
+8.6%

Relative price

vs U.S.
-49.2%
vs metro
-52.9%
vs state
-56.1%
ZIP 24013 location in VA
Location of ZIP 24013 in VA

Price history

Zillow Home Value Index — monthly, smoothed and seasonally adjusted.

The typical home in 24013 is worth $144,212 — 52.9% below the Roanoke, VA median. Over the past year, values have fallen 4.1%. Homes here rent for a typical $1,344 a month — a 11.2% gross rental yield. The effective property tax rate is 0.9%.

#Rent & investment

Typical asking rent, and the returns it implies at the current home value.

Monthly rent
$1,344[2]
Gross yield
11.2%[2]
Cap rate
6.7%[2]

#Property tax

Effective rate — total real estate taxes paid relative to total home value.

Effective tax rate
0.9%[3]
Typical annual tax
$1,246[3]

#Climate risk

FEMA National Risk Index ratings for Roanoke city. "Not Applicable" means the hazard does not threaten the county.

Overall risk
Relatively Low[4]
Riverine flood
Relatively Moderate
Coastal flood
Not Applicable
Wildfire
Very Low
Drought
No Rating
Heat wave
Very Low
Hurricane
Relatively Low
Tornado
Relatively Low
Earthquake
Relatively Low
Winter weather
Relatively Moderate

#Who lives here

Population
8,026[3]
Median household income
$51,290[3]

#Migration

Household moves in and out of Roanoke city over a year, from IRS tax-return data.

Net migration
+216[5]
Moved in
3,807
Moved out
3,591

Schools

Open public schools in this ZIP, from the NCES Common Core of Data.

Public schools
3
Elementary
2
Middle
1
High
0
  • John P. Fishwick Middle

    Middle · Grades 6–8 · Roanoke City Public Schools

    579 students

  • Fallon Park Elementary

    Elementary · Grades PK–5 · Roanoke City Public Schools

    577 students

  • Morningside Elementary

    Elementary · Grades PK–5 · Roanoke City Public Schools

    224 students

Run the numbers

Interactive calculators pre-filled with this ZIP's typical home value, rent, and property-tax rate. Edit any field to recompute.

Gross yield11.2%
Net yield (after ~40% expenses)6.7%
Annual rent$16,130

Gross and net yield are estimates based on the inputs and the selected expense ratio. Actual income and expenses will vary by property and market. Not investment advice.

Monthly payment$729
Loan principal$115,370
Down payment$28,842
Total interest paid$147,148

Estimated monthly payments include principal and interest only. Actual costs will include property tax, insurance, possibly PMI, and HOA fees not modeled here. Loan terms shown are estimates; consult a licensed lender for current rates and qualification.

Own : rent ratio0.71
Monthly cost to own$953
Monthly rent$1,344

Owning is meaningfully cheaper month-to-month.

This calculator projects multi-year scenarios based on assumptions about appreciation, rent growth, and investment returns — none of which are guaranteed. Actual outcomes depend on variables this tool cannot know. Not financial or real estate advice.

#Metro ranking

Where this ZIP sits among others in its metro area.

Appreciation
59th percentile[1]
Rental yield
100th percentile[2]
Property tax
89th percentile[3]

Rankings

Top-10 lists this ZIP code appears on.

Frequently asked

How much is a home worth in ZIP code 24013?
The typical home in 24013 is worth $144,212, based on the Zillow Home Value Index.
Are home values rising in 24013?
Home values in 24013 are down 4.1% over the past year, and up 6.7% a year over five years.
What is the typical rent in 24013?
A typical home in 24013 rents for about $1,344 a month, a gross rental yield of 11.2%.
What is the property tax rate in 24013?
The effective property tax rate in 24013 is 0.9% — roughly $1,246 a year on a typical home.
Who lives in 24013?
ZIP code 24013 has a population of 8,026 and a median household income of $51,290.

#Comparable ZIPs

Same metro, nearest typical home value. Each card shows the comparable ZIP's headline numbers so you can scan at a glance.

  • Eagle Rock CDP, VA

    Typical home
    $141,550
    Gross yield
  • Roanoke, VA

    Typical home
    $163,319
    Gross yield
    7.6%
  • Roanoke, VA

    Typical home
    $186,132
    Gross yield
    8.4%
  • New Castle, VA

    Typical home
    $216,245
    Gross yield
  • Oak Level CDP, VA

    Typical home
    $221,919
    Gross yield
  • Buchanan, VA

    Typical home
    $226,247
    Gross yield

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