Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the New Rome area can be challenging. Home prices in New Rome are now at a median cost of $259,107, lower than the Minnesota average of $269,934.
The average cost of rent is $1,109/mo in New Rome, primarily driven by the current value of real estate in the New Rome area. While nearly 39.01% of residents own their homes outright in New Rome, 7.59% rent.
Housing affordability isn’t just about home prices, though. The average household income in New Rome is $7,186 per month. Households that rent pay about 15.43% of their income on rent here. New Rome's most expensive areas are in the northern regions, while the cheapest areas are in the western parts of the city.
Nearby Cities
- Arlington, MN: less expensive homes
- Rush River, MN: equally priced homes
- Gaylord, MN: less expensive homes
- Henderson, MN: less expensive homes
- Jessenland, MN: equally priced homes
- Green Isle, MN: equally priced homes
- Le Sueur, MN: less expensive homes
- New Auburn, MN: less expensive homes
- Ottawa, MN: equally priced homes
- Blakeley, MN: higher priced homes
Cities with Similar Populations
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- East Windsor Hill, CT: higher priced homes
- Durwood, OK: less expensive homes
- Durbin, OH: less expensive homes
- Dunlap, KY: less expensive homes
- Dunkelbergers, PA: less expensive homes
- Dundee, KY: less expensive homes
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