Home Price Key
Affordable
Average
Expensive
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 $136,000, lower than the Indiana average of $175,617.
The average cost of rent is $666/mo in Rome, primarily driven by the current value of real estate in the Rome area. While nearly 49.74% of residents own their homes outright in Rome, 5.45% rent.
Housing affordability isn’t just about home prices, though. The average household income in Rome is $6,065 per month. Households that rent pay about 10.98% of their income on rent here. Rome's most expensive areas are in the northern regions, while the cheapest areas are in the northeastern parts of the city.
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