Expensive
Affordable
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These days, finding an affordable place to live in the Romulus area can be challenging. Home prices in Romulus are now at a median cost of $214,802, lower than the Alabama average of $228,911.
The average cost of rent is $895/mo in Romulus, primarily driven by the current value of real estate in the Romulus area. In Romulus, 8.82% of households rent, and 57.05% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Romulus is $4,509 per month. Households that rent pay about 19.86% of their income on rent here. Romulus’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
- Buhl, AL: less expensive homes
- Ralph, AL: higher priced homes
- Fosters, AL: equally priced homes
- Elrod, AL: less expensive homes
- Kirk, AL: less expensive homes
- Coker, AL: equally priced homes
- Snoddy, AL: less expensive homes
- Tuscaloosa, AL: higher priced homes
- Northport, AL: higher priced homes
- Pleasant Grove Estates, AL: less expensive homes
Cities with Similar Populations
- Grovespring, MO: equally priced homes
- Illiopolis, IL: less expensive homes
- Houck, AZ: less expensive homes
- Holden, WV: less expensive homes
- Hoffman, MN: less expensive homes
- Hill City, GA: less expensive homes
- Hibbard, ID: higher priced homes
- Hays, MT: less expensive homes
- Hayne, NC: less expensive homes
- Harviell, MO: less expensive homes
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