Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Jerome area can be challenging. Home prices in Jerome are now at a median cost of $283,250, higher than the Arizona average of $274,828.
The average cost of rent is $809/mo in Jerome, primarily driven by the current value of real estate in the Jerome area. While nearly 29.15% of residents own their homes outright in Jerome, 2.66% rent.
Housing affordability isn’t just about home prices, though. The average household income in Jerome is $5,416 per month. Households that rent pay about 14.95% of their income on rent here. Jerome's most expensive areas are in the central regions, while the cheapest areas are in the southwestern parts of the city.
Nearby Cities
- Clarkdale, AZ: equally priced homes
- Cottonwood, AZ: less expensive homes
- Verde Village, AZ: equally priced homes
- Cornville, AZ: equally priced homes
- Dewey, AZ: equally priced homes
- Middle Verde, AZ: less expensive homes
- Prescott Valley, AZ: equally priced homes
- Humboldt, AZ: equally priced homes
- Page Springs, AZ: higher priced homes
- Dewey-Humboldt, AZ: less expensive homes
Cities with Similar Populations
- Rockton, PA: less expensive homes
- Pleasanton, NE: less expensive homes
- Ponakin Mill, MA: higher priced homes
- Pond, TN: less expensive homes
- Portland, NY: less expensive homes
- Prosperity, PA: less expensive homes
- Quamba, MN: less expensive homes
- Ransom, OH: less expensive homes
- Raywick, KY: less expensive homes
- Red Lick, TX: equally priced homes
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