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These days, finding an affordable place to live in the Roane area can be challenging. Home prices in Roane are now at a median cost of $112,123, lower than the Texas average of $322,096.
The average cost of rent is $1,220/mo in Roane, primarily driven by the current value of real estate in the Roane area. In Roane, 33.64% of households rent, and 46.98% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Roane is $7,903 per month. Households that rent pay about 15.43% of their income on rent here. Roane’s most expensive areas are in the central regions, while the cheapest areas are in the southwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Powell, TX: higher priced homes
- Chatfield, TX: equally priced homes
- Rice, TX: higher priced homes
- Corsicana, TX: higher priced homes
- Elm Flat, TX: higher priced homes
- Mildred, TX: higher priced homes
- Retreat, TX: higher priced homes
- Kerens, TX: higher priced homes
- Emhouse, TX: higher priced homes
- Goodlow, TX: higher priced homes
Cities with Similar Populations
- Hustead, OH: higher priced homes
- South Chase, WI: higher priced homes
- Smithmill, PA: equally priced homes
- Sisco Heights, WA: higher priced homes
- Silver Beach Heights, FL: higher priced homes
- Shorterville, AL: equally priced homes
- Kelsey, CA: higher priced homes
- Isom, VA: equally priced homes
- Irwinville, GA: equally priced homes
- South Hingham, MA: higher priced homes
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