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 $185,997, lower than the New York average of $481,023.
The average cost of rent is $1,004/mo in Romulus, primarily driven by the current value of real estate in the Romulus area. While nearly 48.91% of residents own their homes outright in Romulus, 26.16% rent.
Housing affordability isn’t just about home prices, though. The average household income in Romulus is $5,467 per month. Households that rent pay about 18.37% of their income on rent here. Romulus's most expensive areas are in the northeastern regions, while the cheapest areas are in the southwestern parts of the city.
Nearby Cities
- Kendaia, NY: less expensive homes
- MacDougall, NY: less expensive homes
- Poplar Beach, NY: equally priced homes
- Willard, NY: less expensive homes
- Fayette, NY: less expensive homes
- Ovid, NY: less expensive homes
- Pastime Park, NY: less expensive homes
- Levanna, NY: less expensive homes
- Dresden, NY: less expensive homes
- Sheldrake Springs, NY: less expensive homes
Cities with Similar Populations
- Malaga, NJ: higher priced homes
- Sequatchie, TN: less expensive homes
- Scotts Hill, TN: less expensive homes
- Port Barrington, IL: higher priced homes
- Paris, MI: less expensive homes
- Moroni, UT: equally priced homes
- Morningside, MD: higher priced homes
- Monponsett, MA: higher priced homes
- Medon, TN: less expensive homes
- Seven Hills, AL: equally priced homes
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