Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Romeo area can be challenging. Home prices in Romeo are now at a median cost of $114,164, lower than the Tennessee average of $218,916.
The average cost of rent is $591/mo in Romeo, primarily driven by the current value of real estate in the Romeo area. While nearly 50.95% of residents own their homes outright in Romeo, 14.84% rent.
Housing affordability isn’t just about home prices, though. The average household income in Romeo is $3,700 per month. Households that rent pay about 15.96% of their income on rent here. Romeo's most expensive areas are in the northwestern regions, while the cheapest areas are in the southwestern parts of the city.
Nearby Cities
- Pilot Knob, TN: less expensive homes
- Persia, TN: less expensive homes
- McCloud, TN: less expensive homes
- Baileyton, TN: higher priced homes
- Mosheim, TN: less expensive homes
- Bulls Gap, TN: equally priced homes
- Brittontown, TN: equally priced homes
- Skinner Crossroad, TN: less expensive homes
- Holland Mill, TN: higher priced homes
- Greeneville, TN: higher priced homes
Cities with Similar Populations
- Giese, MN: higher priced homes
- Grass Range, MT: higher priced homes
- Grand River, OH: higher priced homes
- Gonyon, VA: higher priced homes
- Gomer, OH: higher priced homes
- Gluckheim, MD: higher priced homes
- Glenmore, VA: equally priced homes
- Glendale, IN: higher priced homes
- Glencoe, AR: less expensive homes
- Gilboa, WV: less expensive homes
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