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These days, finding an affordable place to live in the Romona area can be challenging. Home prices in Romona are now at a median cost of $201,799, lower than the Indiana average of $232,932.
The average cost of rent is $464/mo in Romona, primarily driven by the current value of real estate in the Romona area. In Romona, 22.56% of households rent, and 42.35% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Romona is $5,786 per month. Households that rent pay about 8.02% of their income on rent here. Romona’s most expensive areas are in the central regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Spencer, IN: equally priced homes
- Gosport, IN: less expensive homes
- Stinesville, IN: higher priced homes
- Pottersville, IN: higher priced homes
- Freeman, IN: equally priced homes
- Carp, IN: less expensive homes
- Cuba, IN: equally priced homes
- Ellettsville, IN: higher priced homes
- Whitaker, IN: equally priced homes
- Vandalia, IN: less expensive homes
Cities with Similar Populations
- Liggett, KY: less expensive homes
- Latham, TN: less expensive homes
- Laurel, OR: higher priced homes
- Lavelle, PA: less expensive homes
- Lawler, MN: higher priced homes
- Lawrence Creek, OK: less expensive homes
- Learned, MS: equally priced homes
- Lebam, WA: higher priced homes
- Lemhi, ID: higher priced homes
- Leolyn, PA: equally priced homes
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