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Affordable
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These days, finding an affordable place to live in the Jerico area can be challenging. Home prices in Jerico are now at a median cost of $226,232, higher than the Iowa average of $226,062.
The average cost of rent is $674/mo in Jerico, primarily driven by the current value of real estate in the Jerico area. In Jerico, 14.48% of households rent, and 50.50% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Jerico is $6,962 per month. Households that rent pay about 9.69% of their income on rent here. Jerico’s most expensive areas are in the central regions, while the cheapest areas are in the northeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Saude, IA: equally priced homes
- Lourdes, IA: less expensive homes
- Lawler, IA: less expensive homes
- North Washington, IA: equally priced homes
- New Hampton, IA: less expensive homes
- Alta Vista, IA: less expensive homes
- Schley, IA: less expensive homes
- Little Turkey, IA: equally priced homes
- Elma, IA: less expensive homes
- Protivin, IA: less expensive homes
Cities with Similar Populations
- Dunfermline, IL: less expensive homes
- Witch Lake, MI: less expensive homes
- Deane, KY: less expensive homes
- Deersville, OH: less expensive homes
- Deferiet, NY: less expensive homes
- Dellwood, WI: less expensive homes
- Dodge, ND: less expensive homes
- Donie, TX: less expensive homes
- Dothan, TX: less expensive homes
- Dowdville, MS: less expensive homes
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