JeffCroweCRE

Housing market/Virginia/ZIP 24017

ACS 2023 · FY2027 SAFMR

ZIP 24017 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
24,565
Households
10,004
Median HH income
$45,954
Renter share
47.6%
Median gross rent
$966
Vacancy
11.2%
Pop. change
+1.8%
2BR SAFMR
$1,460
SAFMR / rent
1.511×
2–49 unit stock
2,793
LIHTC proj / units
11 / 1,015
HUD assisted MF
5 / 510

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 24017 · VA — sent to you.

ZIP 24017 · VA

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ACS rent vs 2BR SAFMR

ZIP 24017 — Roanoke, VA HUD Section 8 Payment Standards / SAFMR →
ACS median rent$966
2BR SAFMR$1,460
90% floor$1,314
110% ceiling$1,606

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

Housing stock

ACS 2023 units-in-structure · ZCTA 24017

  • 1-unit detached7,87869.9%
  • 1-unit attached2902.6%
  • 2–4 units9708.6%
  • 5–49 units1,82316.2%
  • 50+ units2322.1%
  • Mobile700.6%
TypeUnitsShare
1-unit detached7,87869.9%
1-unit attached2902.6%
2 units (duplex)7296.5%
3–4 units2412.1%
5–9 units5254.7%
10–19 units1,0058.9%
20–49 units2932.6%
50+ units2322.1%
Mobile700.6%

2–4 unit share 8.6% · 5–49 unit share 16.2% · combined 2–49 24.8%.

Units by bedrooms

Studio
164
1BR
601
2BR
3,587
3BR
4,834
4BR
1,689
5+
388

Rent burden

Rent ≥30% of income45.9%
Rent ≥50% of income22.0%
  • ACS median gross rent $966 (all bedrooms, occupied rentals).
  • Median contract rent $795.
  • Renters paying ≥30% of income 45.9%; ≥50% 22.0%.
  • FY2027 2BR SAFMR $1,460 (1.511× ACS median gross rent).

Population

24,565 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: +1.8%.

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

Assisted inventory

  • LIHTC: 11 projects, 1,015 units.
  • HUD project-based assisted MF: 5 properties, 510 assisted units.
  • HCV household counts (Picture of Subsidized Households) are not on this page yet.

New apartment permits

About 316 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 24017 47.6% of occupied households are renters; vacancy is 11.2%; ACS median gross rent is $966; population increased +1.8% between the 2018 and 2023 ACS vintages; the housing stock includes 970 units in 2–4-unit structures and 1,823 units in 5–49-unit structures; 11 LIHTC projects totaling 1,015 units; FY2027 2BR SAFMR is $1,460 versus ACS median gross rent of $966. 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 24017 is a Census / HUD profile for Roanoke, VA. Not a listing page. Brokerage is Georgia; out-of-state work is referral.

ZIP 24017 — Roanoke, VA HUD Section 8 Payment Standards / SAFMR·Virginia ZIP directory

Nearby ZIPs in this FMR area

ZIPPlaceRentersMed. rent2BR SAFMR
24001Roanoke, VA HUD Metro FMR Area——$1,39024002Roanoke, VA HUD Metro FMR Area——$1,39024003Roanoke, VA HUD Metro FMR Area——$1,39024004Roanoke, VA HUD Metro FMR Area——$1,39024005Roanoke, VA HUD Metro FMR Area——$1,39024006Roanoke, VA HUD Metro FMR Area——$1,39024007Roanoke, VA HUD Metro FMR Area——$1,39024008Roanoke, VA HUD Metro FMR Area——$1,39024009Roanoke, VA HUD Metro FMR Area——$1,39024010Roanoke, VA HUD Metro FMR Area——$1,39024011Roanoke, VA HUD Metro FMR Area93.0%$1,091$1,48024012Roanoke, VA HUD Metro FMR Area45.4%$1,002$1,480

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 24017?

ZIP 24017 (Roanoke, VA HUD Metro FMR Area) has 24,565 residents, 10,004 households, a renter share of 47.6%, median household income of $45,954, and ACS 2023 median gross rent of $966. Vacancy is 11.2%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 24017?

ACS counts 729 units in 2-unit buildings, 241 in 3–4 unit buildings, 525 in 5–9, 1,005 in 10–19, and 293 in 20–49. Combined 2–49 unit stock is 2,793 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 24017?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,460. See the full schedule and 90–110% payment-standard band on the ZIP 24017 — Roanoke, VA HUD Section 8 Payment Standards / SAFMR.

Does this Virginia ZIP profile include Georgia listings?

No. ZIP 24017 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.