Rent pulse
Typical asking rent$1,586a month in Roanoke County
1-year change+6.5%
Source: Zillow Observed Rent Index (ZORI), typical asking rent, all homes + multifamily, smoothed, Roanoke County figure. Data through September 2026.
5 property managers in Cave Spring
Tick Compare on up to 3 companies to see them side by side and request quotes from all of them at once.
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HomeServices Property Management
5324 Fallowater Ln Suite 100, Roanoke, VA 24018
HomeServices Property Management has a Roanoke office in Cave Spring, linked with Long & Foster, managing rentals including lakefront homes in the Roanoke Valley.
Review summary: Reviewers often mention an attentive, proactive property manager who finds good tenants and returns calls quickly.
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HomeServices Property Management
3606 Electric Rd, Roanoke, VA 24018
HomeServices Property Management has a Cave Spring office in the Roanoke area, offering property management for investors who want more from their rental homes.
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F+W Real Estate Group
3130 Chaparral Dr #200, Roanoke, VA 24018
F+W Real Estate Group is a Cave Spring firm with close to six decades in property management, handling multifamily, assisted housing, office parks, shopping centers and retail across Southwest Virginia, with leasing, brokerage, facility management and construction.
In their words: “We have been serving commercial and residential properties throughout Virginia for close to six decades.”
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Lawson Realty Group
3241 Electric Rd Ste 1b, Roanoke, VA 24018
Lawson Realty Group is a Cave Spring company managing residential rentals in Roanoke and Salem, with in-house maintenance, property accounting, inspections, investment brokerage and consulting.
In their words: “We have the systems and technology in place to have efficiently served tenants and property investors in Roanoke for over 40 years, specializing in residential real estate management.”
Review summary: Reviewers often mention a kind, responsive team and quick handling of maintenance requests, though several renters report poor experiences.
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MKB Property Management
2350 Electric Rd, Roanoke, VA 24018
MKB Property Management is a Cave Spring company managing single-family homes, multi-family, apartment complexes and townhouses in Roanoke, Salem, Vinton and Southwest Virginia, with tenant screening, leasing, rent collection, maintenance and marketing.
In their words: “With our dedicated property management services, we screen tenants, set up rental leases, and manage the buildings so the homeowner doesn’t feel overwhelmed by the process.”
Review summary: Reviewers often mention friendly, honest and professional staff who serve both owners and tenants well.
No company matches all of these filters.
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Pins show office addresses; numbers match the Best match order. Companies that don't publish an address are listed as "Serves the Cave Spring area" and get no pin.
Cave Spring rental market
Get the latest rental and real estate data on the Cave Spring market. We update these charts with the latest data on the 22nd of each month. Zillow has no figure for Cave Spring itself, so these are Roanoke County figures.
12-month momentum
Rent rose in 10 of the last 12 months: +$97 in all since Oct 2025.
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Green: rent went up that month. Grey: it went down.
Source: Zillow Observed Rent Index (ZORI), typical asking rent, all homes + multifamily, smoothed, Roanoke County figure. Data through September 2026.
Rent over time
Roanoke County
Source: Zillow Observed Rent Index (ZORI), typical asking rent, all homes + multifamily, smoothed, Roanoke County figure. Data through September 2026.
Best months to list
Rents here usually rise most in June, July and August, so those are good months to list your rental.
- Jan+0.04%
- Feb+0.89%
- Mar+0.22%
- Apr+0.78%
- May−0.27%
- Jun+1.26%
- Jul+1.13%
- Aug+1.10%
- Sep+0.06%
- Oct−0.13%
- Nov−0.12%
- Dec+0.28%
Average change from the month before, 4 years of data.
Source: Zillow Observed Rent Index (ZORI), typical asking rent, all homes + multifamily, smoothed, Roanoke County figure. Data through September 2026.
Rental income growth calculator
Past growth, not a forecast. Rents can go down as well as up. Your own rent depends on the home, its condition and the lease.
Source: Zillow Observed Rent Index (ZORI), typical asking rent, all homes + multifamily, smoothed, Roanoke County figure. Data through September 2026.
Rent in nearby cities
| City | Typical rent | 1 year | Managers |
|---|---|---|---|
| Blacksburg | $1,910 | +4.3% | 8 |
| Forest | $1,574 | +1.7% | 4 |
| Midlothian | $2,028 | +3.6% | 4 |
| Richmond | $1,628 | +2.6% | 31 |
| Lakeside | $2,333 | 3 | |
| Glen Allen | $2,022 | +1.8% | 5 |
Source: Zillow Observed Rent Index (ZORI), typical asking rent, data through September 2026. Managers listed: our directory, October 2026.
More local facts for owners
Renters and vacancy
30.5%of homes in Cave Spring are rented (3,369 households)
- Rental vacancy rate
- 8.9%
- County vacancy rate
- 5.6%
- Median rent paid
- $1,285
- Median home value
- $325,800
Source: U.S. Census Bureau, American Community Survey 5-year estimates, 2020-2024.
HUD Fair Market Rents
Source: U.S. Department of Housing and Urban Development, Fair Market Rents for fiscal year 2027, Roanoke, VA HUD Metro FMR Area. Used to set Housing Choice Voucher (Section 8) limits.
Where Cave Spring managers also work
Areas the companies on this page list on their own websites. Linked places have their own page.
Questions to ask before you hire
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Property management in Cave Spring
Compare the 5 property management companies in Cave Spring, Roanoke County. Tick up to 3 to see them side by side, then request free quotes from all of them in one step. Highly rated managers based nearby, in Salem and Roanoke, are listed below the local companies.
Zillow has no rent figure for Cave Spring itself. Zillow's typical asking rent in Roanoke County as a whole is $1,586 (September 2026); +6.5% over the past year. About 30.5% of homes in Cave Spring are rented, and the rental vacancy rate is 8.9% (Census, 2020-2024).
Cave Spring property management FAQ
How many property management companies are in Cave Spring?
We list 5 property management companies in Cave Spring, VA.
What is the typical rent in Cave Spring?
Zillow's typical asking rent in Roanoke County (Zillow has no figure for Cave Spring itself) was $1,586 a month in September 2026, +6.5% on a year earlier.
When is the best time to list a rental in Cave Spring?
Over the 4 years Zillow has tracked, asking rents here have risen most in June, July and August. Listing in those months can help, but every property is different.
How much do property managers charge in Cave Spring?
Fees depend on the company, the property and the services you need, and few companies publish them. Ask for a written quote that lists the monthly fee, leasing fee and any other charges. You can request quotes from up to 3 managers at once on this page.
How do you rank the companies?
The default order, Best match, uses each company's Google rating adjusted for how many reviews it has, so a 4.8 rating from 100 reviews ranks above a 5.0 from 2. No company can pay for its position.
Is it free to request quotes?
Yes. Requesting quotes is free for property owners and there is no obligation to hire anyone.