Home Price Key
Affordable
Average
Expensive
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 $175,904, lower than the Alabama average of $185,232.
The average cost of rent is $940/mo in Romulus, primarily driven by the current value of real estate in the Romulus area. While nearly 49.05% of residents own their homes outright in Romulus, 16.17% rent.
Housing affordability isn’t just about home prices, though. The average household income in Romulus is $4,370 per month. Households that rent pay about 21.50% of their income on rent here. Romulus's most expensive areas are in the southern regions, while the cheapest areas are in the northeastern parts of the city.
Nearby Cities
- Buhl, AL: less expensive homes
- Ralph, AL: equally priced homes
- Fosters, AL: higher priced homes
- Elrod, AL: less expensive homes
- Kirk, AL: less expensive homes
- Coker, AL: higher 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: less expensive 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: equally priced homes
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