Affordable Types of Roofing Materials for Homeowners on a Budget

When it comes to buying a roof, the cost matters just as much as the quality. Your roof protects your home from rain, sun, snow, and wind. But did you know that the types of roofing materials you choose can make a huge difference in both performance and price?

In this guide, you’ll learn about affordable types of roofing materials that give you the best value without sacrificing durability. We break down the pros and cons, costs, lifespan, installation tips, and how to choose the best option for your home.

Let’s dive in.

Why Choosing the Right Types of Roofing Materials Matters?

The roof is one of the most important parts of your home. It safeguards your loved ones, your personal possessions, and the entire framework of your home. Choosing the right types of roofing materials affects:

• Upfront cost
• Maintenance cost
• Energy efficiency
• Durability
• Curb appeal
• Resale value

For homeowners on a budget, finding the balance between cost and quality is key.

How Much Should You Expect to Spend?

Roofing prices vary based on material, home size, and labor. Here’s a general idea:

These are approximate values and can change based on location and labor rates.

Most Affordable Types of Roofing Materials

If your focus is low cost without major sacrifices, below are the top performers.

Asphalt Shingles

Overview

Among all types of roofing materials available in the U.S., asphalt shingles remain the most popular and frequently installed option. They are popular because they are:

• Affordable
• Versatile
• Easy to install

Pros

• Cheapest roofing material on the market
• Wide variety of colors and styles
• Easy for roofers to install
• Good performance in most climates

Cons

• Shorter lifespan than premium materials
• Can crack in extreme heat or cold
• Not the best choice for luxury homes

Best For

• First-time homeowners
• Budget-conscious renovations
• Standard residential homes

Fiberglass Shingles

Overview

Fiberglass shingles are similar to asphalt but include a fiberglass mat for reinforcement.

Pros

• Lighter and stronger than basic asphalt
• Less prone to warping
• Often more fire-resistant

Cons

• Slightly more expensive than regular asphalt
• Still not as long-lasting as other materials

Best For

• Homeowners wanting affordable upgrades
• Areas with fluctuating weather

Rolled Roofing

Overview

Rolled roofing is one of the least expensive types of roofing materials available. It comes in long rolls and is typically installed on low-slope roofs.

Pros

• Extremely low cost
• Quick installation
• Works well for sheds, garages, and metal buildings

Cons

• Not long-lasting (5–10 years)
• Not suitable for steep or high-profile roofs
• Limited style options

Best For

• Temporary roofs
• Small structures
• Budget DIY projects

Metal Roofing (Budget Options)

Overview

Metal roofing may not seem “budget,” but there are cost-effective options, such as:

• Corrugated steel
• Aluminum panels
• Metal shingles

Pros

• Long lifespan
• Fire and wind-resistant
• Reflects heat, lowering cooling costs

Cons

• Higher upfront cost than asphalt
• Noise during rain without insulation
• Requires professional installation

Best For

• Long-term investment homes
• Energy-efficient roofing solutions
• Areas with severe weather

Wood Shingles (Lower-Cost Grades)

Overview

Wood shingles offer natural beauty and moderate pricing when compared to slate or tile.

Pros

• Attractive, rustic look
• Decent insulation properties
• Biodegradable and natural

Cons

• Requires more maintenance
• Can be susceptible to rot
• Not suitable for fire-prone areas

Best For

• Historic homes
• Homeowners wanting natural aesthetics

Synthetic Roofing Materials

Overview

Modern synthetic roofing imitates:

• Slate
• Wood shakes
• Tile

But at a fraction of the cost.

Pros

• Cheaper than real slate or tile
• Lighter and easier to install
• Some have long warranties

Cons

• Newer technology (quality varies by manufacturer)
• Not available everywhere

Best For

• Stylish roofing finishes on a budget
• Homes requiring lower maintenance

Modified Bitumen Roofing

Overview

This is a type of rolled roofing with added modifiers that improve strength and flexibility.

Pros

• Durable for flat or low-slope roofs
• Easy to repair
• Affordable

Cons

• Not visually appealing
• Limited to roofs with little pitch

Best For

• Garages and commercial buildings
• Low-slope residential roofs

EPDM Rubber Roofing

Overview

EPDM is a synthetic rubber roofing option, commonly used on flat or low-sloped roofs.

Pros

• Very low cost
• Easy and fast installation
• Good waterproofing performance

Cons

• Black surface gets hot
• Not suitable for sloped roofs
• Limited aesthetics

Best For

• Sheds
• Garages
• Commercial spaces

Asphalt Roll Roofing with Granules

Overview

An upgrade to basic rolled roofing, this includes mineral granules for better protection.

Pros

• Affordable
• Better UV protection than basic rolled roofing

Cons

• Still not as durable as shingles or metal
• Can look cheap on larger homes

Best For

• Budget residential roofing
• Secondary buildings

Recycled Shingle Roofing

Overview

Some companies manufacture shingles using recycled materials, including rubber or plastic.

Pros

• Eco-friendly
• Sometimes cheaper than premium shingles
• Good performance

Cons

• Not as widely available
• Quality varies

Best For

• Eco-conscious homeowners
• Budget replacements

How to Choose Between These Affordable Types of Roofing Materials?

Choosing the right roof depends on your priorities. Ask yourself:

1. What’s Your Budget?

• Tight budget? Asphalt shingles or rolled roofing
• Mid-range? Fiberglass or budget metal
• Long-term investment? Metal or synthetic

2. What’s Your Climate Like?

• Hot climates: Metal or reflective shingles
• Cold climates: Fiberglass or thicker asphalt
• Windy areas: Metal or high-grade shingles

3. How Long Do You Plan to Stay?

• Short term (5–10 years): Budget asphalt or rolled roofing
• Long term (20+ years): Metal, synthetic, or upgraded asphalt

Installation Matters: DIY or Professional?

Some roofing materials are easier to install yourself, but many require professional expertise. Here’s why:

DIY Roofing Works For:

• Rolled roofing
• Simple asphalt shingles on small roofs

Professional Installation Is Best For:

• Metal roofing
• Complex roofs
• Weather-sensitive materials

Incorrect installation can shorten roof life, void warranties, and increase costs.

How Roofing Material Affects Energy Bills?

The types of roofing materials you choose can impact how much you pay to heat or cool your home.

Cool Roofing Materials

• Reflect sunlight
• Reduce heat absorption
• Lower cooling costs

Examples include:

• Light-colored asphalt shingles
• Metal roofing with reflective coatings

Insulating Roof Options

• Wood shakes
• Synthetic slate
• Fiberglass shingles

These help stabilize temperatures inside your home.

Roofing Maintenance Tips on a Budget

To get the most life from your affordable roofing material:

Regular Inspections

Check for:

• Loose shingles
• Cracks or damage
• Flashing issues

Clean Gutters

Clogged gutters can trap water and damage roofing edges.

Trim Nearby Trees

Branches can scratch or dent roofs and drop debris.

Replace Damaged Pieces Promptly

Small problems become costly fast.

Common Roofing Mistakes Budget Homeowners Make

Avoid these costly errors:

• Picking the cheapest option without checking quality
• Skipping proper ventilation
• Ignoring local building codes
• Installing without professional help (when needed)

Roofing Warranties: What to Expect?

Roofing materials come with warranties, but they vary:

Material Warranty

Covers defects in the roofing product itself.

Workmanship Warranty

Covers installation issues. This is often offered by roofers, not manufacturers.

Manufacturer vs Installer Warranty

Always compare before buying.

Comparing Cost vs Value – What to Know?

Lowest price doesn’t always mean best value. Sometimes spending a little more up front saves thousands in repairs later.

To evaluate value, ask:

• How long will it last?
• How much maintenance is needed?
• Will it increase resale value?
• Does it improve energy efficiency?

Quick Comparison – Affordable Roofing Materials at a Glance

($ = less expensive, $$$$ = more expensive)

Final Thoughts

Choosing the right types of roofing materials doesn’t have to be overwhelming. Whether you want the most affordable option available or a material that holds up for decades, there’s a solution for every budget. The key is to balance cost, durability, style, and maintenance.

If you’re planning a roof installation or need expert advice on the best roofing materials for your home, trust the professionals. For reliable roof replacement services in New Jersey, contact Home Makeover LLC – your local trusted roofing experts.

About the Author: Jeffrey W. Nero

Jeffrey W. Nero is a home improvement expert with over 20 years of experience serving homeowners in New Jersey. As the owner of Home Makeover™, Jeff combines quality craftsmanship with a deep understanding of local needs. From roofing and siding to deck remodels, Jeff has helped thousands of homeowners bring their visions to life. His commitment to excellence and customer satisfaction makes him a trusted partner in transforming homes across Central NJ.