
Home Price Key
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 $87,500, lower than the Iowa average of $182,666.
The average cost of rent is $1,039/mo in Jerome, primarily driven by the current value of real estate in the Jerome area. While nearly 51.34% of residents own their homes outright in Jerome, 23.20% rent.
Housing affordability isn’t just about home prices, though. The average household income in Jerome is $4,167 per month. Households that rent pay about 24.94% of their income on rent here. Jerome's most expensive areas are in the eastern regions, while the cheapest areas are in the northwestern parts of the city.
Nearby Cities
- Numa, IA: equally priced homes
- Seymour, IA: less expensive homes
- Garfield, IA: equally priced homes
- Plano, IA: higher priced homes
- Cincinnati, IA: equally priced homes
- Sunshine, IA: equally priced homes
- Darbyville, IA: less expensive homes
- Mystic, IA: less expensive homes
- Centerville, IA: equally priced homes
- Promise City, IA: higher priced homes
Cities with Similar Populations
- St. Joseph, WV: higher priced homes
- Howardstown, KY: higher priced homes
- Howardville, NY: equally priced homes
- Howells Crossroads, AL: higher priced homes
- Huelo, HI: higher priced homes
- Huff, ND: higher priced homes
- Humboldt, MN: higher priced homes
- Humphrey, NY: higher priced homes
- Hunt, ID: higher priced homes
- St. Benedict, IA: less expensive homes
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