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Rome City, IN

Full City Profile · Indiana · Noble County County

3.1 /5.0
B Good
1,271 Population 865/sq mi density
$72,054 Median Income $42,821 per capita
$231,300 Home Value $179,743 Zillow
$846 Median Rent 23.4% income on rent
50°F Avg Temperature 275 sunny days/yr
273 Violent Crime/100K 2,736 property/100K
B
Overall
3.1 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.1 / 5.0
$72,054 median income, 1.8% unemployment
A+
Affordability
4.9 / 5.0
$231,300 home value, $846/mo rent
F
Safety
1.0 / 5.0
273 violent crimes/100K
C+
Education
2.6 / 5.0
19.5% bachelor's degree or higher

Housing Overview

Median Home Value
$231,300
18% below
US avg: $281,900
Median Rent
$846/mo
27% below
US avg: $1,163/mo
Homeownership Rate
84.6%
29% above US avg (65.4%)
Total Housing Units
811
Median year built: 1958

Home Value by Source

Census Median
$231,300
Zillow (ZHVI)
$179,743
Median Sale Price
$175,000
Median List Price
$897,975
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

84.6%
Owner-Occupied
15.4%
Renter-Occupied
85%
15%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$816/mo
1 Bedroom
$882/mo
2 Bedroom
$1,096/mo
3 Bedroom
$1,391/mo
4 Bedroom
$1,590/mo
Census median rent: $846/mo

Market Indicators (Redfin)

Median Days on Market
67 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
1
Price Drops
0.0%
of listings with price reduction
Price Per Sq Ft
$174
Active Inventory
7
homes for sale

Affordability & Housing Stock

Rent Burden
23.4%
of renters spending 30%+ of income on housing
25% below US avg (31.0%)
Median Year Built
1958
Average age of housing stock: 68 years
Homeownership Rate
84.6%

Complete Housing Data

Home Values

Census Median Value$231,300
Zillow Home Value (ZHVI)$179,743
Median Sale Price$175,000
Median List Price$897,975
Price Per Sq Ft$174

Rent

Census Median Rent$846
FMR Studio$816
FMR 1-Bedroom$882
FMR 2-Bedroom$1,096
FMR 3-Bedroom$1,391
FMR 4-Bedroom$1,590

Market

Days on Market67
Sale-to-List Ratio1.0%
Price Drops0.0%
Homes Sold1
Active Inventory7
Price Per Sq Ft$174

Ownership & Stock

Owner-Occupied84.6%
Renter-Occupied15.4%
Homeownership Rate84.6%
Total Housing Units811
Median Year Built1958
Rent Burden23.4%