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These days, finding an affordable place to live in the Royalton area can be challenging. Home prices in Royalton are now at a median cost of $424,662, higher than the Indiana average of $232,932.
The average cost of rent is $1,474/mo in Royalton, primarily driven by the current value of real estate in the Royalton area. In Royalton, 9.90% of households rent, and 47.44% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Royalton is $8,598 per month. Households that rent pay about 17.14% of their income on rent here. Royalton’s most expensive areas are in the central 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
- Fayette, IN: equally priced homes
- Brownsburg, IN: less expensive homes
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- Tilden, IN: less expensive homes
- Whitestown, IN: equally priced homes
- Clermont, IN: less expensive homes
- New Brunswick, IN: less expensive homes
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- Milledgeville, IN: less expensive homes
Cities with Similar Populations
- Tannery, KY: less expensive homes
- Garysville, VA: less expensive homes
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- Gerty, OK: less expensive homes
- Gifford, IN: less expensive homes
- Gilsonite, CO: higher priced homes
- Girdletree, MD: less expensive homes
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