Roanoke vs Salem
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Roanoke is 42% cheaper for renters. A 2-bedroom rents for $803/mo vs $1,137/mo in Salem — saving $4,008/year.
Rent by Unit Size
| Unit Size | Roanoke | Salem | Difference |
|---|---|---|---|
| Studio | $518 | $741 | $223 |
| 1 Bedroom | $643 | $913 | $270 |
| 2 Bedrooms | $803 | $1,137 | $334 |
| 3 Bedrooms | $980 | $1,411 | $431 |
| 4 Bedrooms | $1,168 | $1,615 | $447 |
| Median Income | $51,099 | $53,953 | $2,854 |
Roanoke
- Studio
- $518/mo
- 1 BR
- $643/mo
- 2 BR
- $803/mo
- 3 BR
- $980/mo
- 4 BR
- $1,168/mo
- Median Income
- $51,099/yr
Salem
- Studio
- $741/mo
- 1 BR
- $913/mo
- 2 BR
- $1,137/mo
- 3 BR
- $1,411/mo
- 4 BR
- $1,615/mo
- Median Income
- $53,953/yr
Frequently Asked Questions
Is Roanoke or Salem cheaper to rent in?
Roanoke is cheaper — a 2-bedroom Fair Market Rent is $803/mo vs $1,137/mo in Salem. That's $334/mo or $4,008/year more expensive in Salem (42% higher).
What is the 2-bedroom rent in Roanoke vs Salem?
The HUD Fair Market Rent for a 2-bedroom in Roanoke is $803/month. In Salem, a 2-bedroom FMR is $1,137/month.
How do incomes compare between Roanoke and Salem?
The median household income in Roanoke is $51,099/year. In Salem it is $53,953/year. Salem has the higher median income.
What is the studio rent in Roanoke vs Salem?
A studio apartment Fair Market Rent in Roanoke is $518/mo. In Salem it is $741/mo.