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 $198,446, lower than the Idaho average of $281,471.
The average cost of rent is $776/mo in Jerome, primarily driven by the current value of real estate in the Jerome area. While nearly 34.79% of residents own their homes outright in Jerome, 29.29% rent.
Housing affordability isn’t just about home prices, though. The average household income in Jerome is $5,173 per month. Households that rent pay about 15.00% of their income on rent here. Jerome's most expensive areas are in the southeastern regions, while the cheapest areas are in the eastern parts of the city.
Nearby Cities
- Falls City, ID: higher priced homes
- Wendell, ID: equally priced homes
- Sugar Loaf, ID: higher priced homes
- Filer, ID: higher priced homes
- Twin Falls, ID: equally priced homes
- Buhl, ID: equally priced homes
- Kimberly, ID: higher priced homes
- Clover, ID: equally priced homes
- Hansen, ID: higher priced homes
- Eden, ID: less expensive homes
Cities with Similar Populations
- Bull Run, VA: higher priced homes
- Temple, GA: less expensive homes
- Tehachapi, CA: higher priced homes
- Central, LA: higher priced homes
- Center Point, AL: less expensive homes
- Cedarburg, WI: higher priced homes
- Camp Springs, MD: higher priced homes
- Caldwell, NJ: higher priced homes
- Byron, GA: less expensive homes
- Tinton Falls, NJ: higher priced homes
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