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These days, finding an affordable place to live in the Rome area can be challenging. Home prices in Rome are now at a median cost of $231,787, higher than the Iowa average of $226,062.
The average cost of rent is $799/mo in Rome, primarily driven by the current value of real estate in the Rome area. In Rome, 24.66% of households rent, and 51.46% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Rome is $5,569 per month. Households that rent pay about 14.34% of their income on rent here. Rome’s most expensive areas are in the southeastern 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.
Nearby Cities
- Westwood, IA: higher priced homes
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Cities with Similar Populations
- Sioux Valley, MN: higher priced homes
- Magnolia, AL: less expensive homes
- Magnolia, WV: equally priced homes
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- Sierra City, CA: higher priced homes
- Silica, MN: equally priced homes
- Simmons, KY: less expensive homes
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