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Affordable
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These days, finding an affordable place to live in the Fernwood area can be challenging. Home prices in Fernwood are now at a median cost of $278,066, lower than the Idaho average of $450,170.
The average cost of rent is $831/mo in Fernwood, primarily driven by the current value of real estate in the Fernwood area. In Fernwood, 25.46% of households rent, and 34.06% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Fernwood is $5,068 per month. Households that rent pay about 16.40% of their income on rent here. Fernwood’s most expensive areas are in the eastern regions, while the cheapest areas are in the southern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Santa, ID: equally priced homes
- Clarkia, ID: higher priced homes
- Emida, ID: equally priced homes
- St. Joe, ID: higher priced homes
- Bovill, ID: equally priced homes
- Calder, ID: higher priced homes
- St. Maries, ID: equally priced homes
- Harvard, ID: higher priced homes
- Helmer, ID: equally priced homes
- Tensed, ID: higher priced homes
Cities with Similar Populations
- Lewis, KS: less expensive homes
- Richmond, LA: less expensive homes
- Register, NC: less expensive homes
- Reed Point, MT: higher priced homes
- Mariaville, ME: less expensive homes
- Lost City, WV: less expensive homes
- Loch Lynn Heights, MD: less expensive homes
- Lobata, WV: less expensive homes
- Liberty Center, IN: less expensive homes
- Rome, ME: less expensive homes
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