Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Royal area can be challenging. Home prices in Royal are now at a median cost of $217,432, lower than the Florida average of $278,762.
The average cost of rent is $881/mo in Royal, primarily driven by the current value of real estate in the Royal area. While nearly 68.44% of residents own their homes outright in Royal, 21.36% rent.
Housing affordability isn’t just about home prices, though. The average household income in Royal is $6,635 per month. Households that rent pay about 13.28% of their income on rent here. Royal's most expensive areas are in the eastern regions, while the cheapest areas are in the southern parts of the city.
Nearby Cities
- Pedro, FL: higher priced homes
- Oxford, FL: higher priced homes
- Panacoochee Retreats, FL: less expensive homes
- Rutland, FL: less expensive homes
- Wildwood, FL: higher priced homes
- Lake Panasoffkee, FL: less expensive homes
- Coleman, FL: less expensive homes
- The Villages, FL: higher priced homes
- Summerfield, FL: less expensive homes
- Orange Home, FL: less expensive homes
Cities with Similar Populations
- Smithsonia, AL: less expensive homes
- Letona, AR: less expensive homes
- Litchfield, CA: higher priced homes
- Little Cooley, PA: less expensive homes
- Lockhart Junction, SC: less expensive homes
- Lodi, VA: less expensive homes
- Sliters, NY: higher priced homes
- Slovan, WI: less expensive homes
- Smithland, TX: less expensive homes
- Smiths Crossroads, GA: less expensive homes
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