FairRentWize

Roanoke vs Springfield

Fair Market Rent Comparison — HUD 2025 Data

Quick Answer

Springfield is 12% cheaper for renters. A 2-bedroom rents for $720/mo vs $803/mo in Roanoke — saving $996/year.

Rent by Unit Size

Unit SizeRoanokeSpringfieldDifference
Studio$518$490$28
1 Bedroom$643$583$60
2 Bedrooms$803$720$83
3 Bedrooms$980$925$55
4 Bedrooms$1,168$987$181
Median Income$51,099$37,539$13,560

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
Full Roanoke profile →

Springfield

Studio
$490/mo
1 BR
$583/mo
2 BR
$720/mo
3 BR
$925/mo
4 BR
$987/mo
Median Income
$37,539/yr
Full Springfield profile →

Frequently Asked Questions

Is Roanoke or Springfield cheaper to rent in?
Springfield is cheaper — a 2-bedroom Fair Market Rent is $720/mo vs $803/mo in Roanoke. That's $83/mo or $996/year more expensive in Roanoke (12% higher).
What is the 2-bedroom rent in Roanoke vs Springfield?
The HUD Fair Market Rent for a 2-bedroom in Roanoke is $803/month. In Springfield, a 2-bedroom FMR is $720/month.
How do incomes compare between Roanoke and Springfield?
The median household income in Roanoke is $51,099/year. In Springfield it is $37,539/year. Roanoke has the higher median income.
What is the studio rent in Roanoke vs Springfield?
A studio apartment Fair Market Rent in Roanoke is $518/mo. In Springfield it is $490/mo.