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These days, finding an affordable place to live in the Rome City area can be challenging. Home prices in Rome City are now at a median cost of $226,842, lower than the Indiana average of $232,932.
The average cost of rent is $925/mo in Rome City, primarily driven by the current value of real estate in the Rome City area. In Rome City, 16.75% of households rent, and 46.39% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Rome City is $5,333 per month. Households that rent pay about 17.35% of their income on rent here. Rome City’s most expensive areas are in the southern regions, while the cheapest areas are in the northwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
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Cities with Similar Populations
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