Expensive
Affordable
Affordable
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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 $133,774, lower than the Iowa average of $226,062.
The average cost of rent is $895/mo in Royal, primarily driven by the current value of real estate in the Royal area. In Royal, 20.09% of households rent, and 47.87% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Royal is $5,849 per month. Households that rent pay about 15.30% of their income on rent here. Royal’s most expensive areas are in the southern 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
- Rossie, IA: equally priced homes
- Greenville, IA: higher priced homes
- Moneta, IA: higher priced homes
- Everly, IA: higher priced homes
- Spencer, IA: higher priced homes
- Peterson, IA: higher priced homes
- Fostoria, IA: higher priced homes
- Sutherland, IA: equally priced homes
- Gillett Grove, IA: higher priced homes
- Sioux Rapids, IA: less expensive homes
Cities with Similar Populations
- Sycolin, VA: higher priced homes
- Fowler, LA: higher priced homes
- Foxfield, CO: higher priced homes
- Freeman, VA: equally priced homes
- Galva, IA: less expensive homes
- Stonington, ME: higher priced homes
- Sumerco, WV: higher priced homes
- Summerfield, OH: higher priced homes
- Surveyor, WV: equally priced homes
- Swords, GA: higher priced homes
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