Gross rental yield of 7.74% — ranked #16 of 226 Virginia ZIP codes. June 2026 data.
| Metric | 1-year change | 5-year change |
|---|---|---|
| Home value | +0.4% | +32.2% |
| Market rent | +5.5% | — |
Metro: Roanoke, VA · County: Roanoke City · Annual rent: $13,260
Similar home values, sorted by yield — the cheapest way to see if 24016 is actually the better buy.
| ZIP | City | ST | Home value | Rent/mo | Yield | P/R | Value 1y |
|---|---|---|---|---|---|---|---|
| 24013 | Roanoke | VA | $153,004 | $1,349 | 10.58% | 9.5 | -4.5% |
| 23607 | Newport News | VA | $190,772 | $1,502 | 9.45% | 10.6 | +2.6% |
| 24201 | Bristol | VA | $181,206 | $1,361 | 9.01% | 11.1 | -2.3% |
| 24540 | Danville | VA | $157,302 | $1,181 | 9.01% | 11.1 | +0.9% |
| 24017 | Roanoke | VA | $190,970 | $1,388 | 8.72% | 11.5 | +1.4% |
| 24541 | Danville | VA | $165,436 | $1,109 | 8.05% | 12.4 | +1.6% |
| 24504 | Lynchburg | VA | $181,754 | $1,183 | 7.81% | 12.8 | -1.9% |
| 24501 | Lynchburg | VA | $198,100 | $1,254 | 7.60% | 13.2 | -2.0% |
Top rental yields in all of Virginia →
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