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Affordable
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These days, finding an affordable place to live in the Romance area can be challenging. Home prices in Romance are now at a median cost of $187,942, lower than the Arkansas average of $207,061.
The average cost of rent is $1,212/mo in Romance, primarily driven by the current value of real estate in the Romance area. In Romance, 12.88% of households rent, and 55.34% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Romance is $6,555 per month. Households that rent pay about 18.50% of their income on rent here. Romance’s most expensive areas are in the southern regions, while the cheapest areas are in the northeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Joy, AR: less expensive homes
- Floyd, AR: equally priced homes
- Mount Vernon, AR: equally priced homes
- Rose Bud, AR: less expensive homes
- El Paso, AR: less expensive homes
- Sidon, AR: equally priced homes
- Center Hill, AR: less expensive homes
- Naylor, AR: equally priced homes
- Enola, AR: less expensive homes
- McRae, AR: less expensive homes
Cities with Similar Populations
- Sherman, NY: less expensive homes
- Hardaway, AL: less expensive homes
- Hildebran, NC: equally priced homes
- Hollsopple, PA: less expensive homes
- Iron Ridge, WI: higher priced homes
- Jefferson, SD: higher priced homes
- Joanna, SC: less expensive homes
- Avon-by-the-Sea, NJ: higher priced homes
- Lenhartsville, PA: higher priced homes
- Lynchburg, SC: less expensive homes
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