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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 $370,154, higher than the Ohio average of $236,816.
The average cost of rent is $1,177/mo in Jerome, primarily driven by the current value of real estate in the Jerome area. In Jerome, 17.63% of households rent, and 34.32% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Jerome is $9,610 per month. Households that rent pay about 12.25% of their income on rent here. Jerome’s most expensive areas are in the northeastern regions, while the cheapest areas are in the northern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Arnold, OH: higher priced homes
- Plain City, OH: higher priced homes
- Unionville Center, OH: equally priced homes
- New California, OH: higher priced homes
- Amlin, OH: higher priced homes
- Mudsock, OH: higher priced homes
- Irwin, OH: less expensive homes
- Rosedale, OH: equally priced homes
- Watkins, OH: equally priced homes
- Dublin, OH: higher priced homes
Cities with Similar Populations
- Vernon, LA: less expensive homes
- Egypt, OH: less expensive homes
- Egypt, TX: less expensive homes
- Elberta, UT: less expensive homes
- Elgin, TN: less expensive homes
- Vance, MO: less expensive homes
- Vanderburg, KY: less expensive homes
- Vandyke, VA: less expensive homes
- Vann Crossroads, NC: less expensive homes
- Varnum, NC: less expensive homes
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