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These days, finding an affordable place to live in the South Rome area can be challenging. Home prices in South Rome are now at a median cost of $262,700, lower than the Illinois average of $300,242.
The average cost of rent is $950/mo in South Rome, primarily driven by the current value of real estate in the South Rome area. In South Rome, 9.72% of households rent, and 41.03% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in South Rome is $12,060 per month. Households that rent pay about 7.88% of their income on rent here. South Rome’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
- Edelstein, IL: equally priced homes
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- Spring Bay, IL: less expensive homes
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Cities with Similar Populations
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- Opportunity, MT: less expensive homes
- Orange Blossom, FL: higher priced homes
- Pajarito, NM: equally priced homes
- Paulding, MO: less expensive homes
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