Roanoke, AL Real Estate

According to census data in the year 2000 there were 2,804 housing units in Roanoke. This represents a 3% growth from 2,723 in 1990.

Of those housing units, 2,107 were located in either urbanized areas or urban clusters, and 697 were located in what is classified as a rural area.

Homeownership rate in Roanoke is about 68.4%. Roanoke's vacancy rate, including seasonal lodging, is about 11.3%. Average household size is 2.5 people.

The majority of houses, apartments or condos in Roanoke were built after 1967.


Housing Size

Housing Units by Size
Studio Type0.20%
One Bedroom5.10%
Two Bedrooms31.80%
Three Bedrooms50.40%
Four Bedrooms10.20%
Five Bedrooms or more2.30%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.33
Median year structure was built1966
Median Value of occupied units$63,000
Median Price asked for vacant units$63,100

Rented Homes, Apartments and Condos

Average Household Size2.87
Median year structure was built1967
Median Monthly Rent asked for vacant units$285

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage5%
Home Equity Loan3.20%
Simple Mortgage45.50%
Debt Free46.30%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs15.7%