New Rome renters looking for the least expensive areas to rent should look for the areas towards the red end of the spectrum on the rent cost map. Those who don't mind paying for high-end and luxury apartments should seek out apartments in dark green areas.
On average, the cost of rent in New Rome is about $1,109 per month. This puts it in the 82nd percentile compared to the state average cost of rent, which is $1,169. Households in New Rome have a median income of $7,186 per month so the average renter in New Rome is spending roughly 15% of their earnings on housing.
Nationally, and in New Rome, home values are the data point most closely correlated with the cost of rent. The median price of a home in New Rome is $259,107 right now, which is higher than nearby cities, meaning that rents in New Rome also tend to be higher versus these nearby cities.
Higher rent prices are common in the eastern parts of New Rome while lower rent rates are often available in western areas.
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