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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 $124,160, lower than the Mississippi average of $183,008.
The average cost of rent is $752/mo in Rome, primarily driven by the current value of real estate in the Rome area. In Rome, 52.27% of households rent, and 65.52% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Rome is $2,988 per month. Households that rent pay about 25.18% of their income on rent here. Rome’s most expensive areas are in the central 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.
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Cities with Similar Populations
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