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Affordable
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These days, finding an affordable place to live in the Romney area can be challenging. Home prices in Romney are now at a median cost of $219,493, lower than the Texas average of $322,096.
The average cost of rent is $691/mo in Romney, primarily driven by the current value of real estate in the Romney area. In Romney, 15.53% of households rent, and 78.27% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Romney is $7,569 per month. Households that rent pay about 9.13% of their income on rent here. Romney’s most expensive areas are in the central regions, while the cheapest areas are in the eastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Carbon, TX: less expensive homes
- Nimrod, TX: equally priced homes
- Cisco, TX: less expensive homes
- Mangum, TX: equally priced homes
- Scranton, TX: less expensive homes
- Sabanno, TX: less expensive homes
- Pioneer, TX: equally priced homes
- Pleasant Hill, TX: less expensive homes
- Eastland, TX: less expensive homes
- Kokomo, TX: less expensive homes
Cities with Similar Populations
- Sena, NM: less expensive homes
- Long, OH: less expensive homes
- Lonoak, CA: higher priced homes
- Loomis, OH: equally priced homes
- Lorado, WV: less expensive homes
- Sample Run, PA: less expensive homes
- San Jose, NM: equally priced homes
- Sanford Hill, TN: less expensive homes
- Sanger, ND: higher priced homes
- Sayre, AL: equally priced homes
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