2026 Affordability Data
Most Affordable Neighborhoods in Jerome - 2026 Data
The median home value in Jerome is $192,000, 32% below nat'l avg. Median rent is $771/month. With an affordability index of 94, Jerome is less affordable than the national baseline of 100. We ranked 15 neighborhoods by affordability to help you find the best value in the Jerome, ID area.
Key Takeaways: Affordability in Jerome
- 1The most affordable neighborhood in Jerome is Burley, with a median home value of $173,900.
- 2Jerome's median home value is $192,000, 32% below nat'l avg (national: $281,900).
- 3Jerome's affordability index is 94 (baseline 100), making it less affordable than the national average.
- 4Median rent in Jerome is $771/month, 34% below nat'l avg (national: $1,163/month).
- 5We analyzed 15 neighborhoods in Jerome to find the most affordable areas based on home values, rent, and affordability index.
Jerome Affordability Overview
Median Home Value
$192,000
32% below nat'l avg
Median Rent
$771/mo
34% below nat'l avg
Median Income
$59,656
20% below nat'l avg
Affordability Index
94
6% below nat'l avg
Most Affordable Neighborhoods in Jerome (Ranked)
| Rank | Neighborhood | Median Home Value |
|---|---|---|
| 1 | BurleyID | $173,900 |
| 2 | RexburgID | $333,400 |
| 3 | KunaID | $358,000 |
| 4 | MoscowID | $311,200 |
| 5 | MeridianID | $425,800 |
| 6 | EagleID | $637,600 |
| 7 | HaydenID | $382,300 |
| 8 | Idaho FallsID | $266,800 |
| 9 | AmmonID | $295,100 |
| 10 | Garden CityID | $363,000 |
| 11 | PocatelloID | $206,200 |
| 12 | Twin FallsID | $243,700 |
| 13 | StarID | $449,700 |
| 14 | MiddletonID | $289,900 |
| 15 | BlackfootID | $213,400 |
Detailed Neighborhood Profiles
Home Value: $173,900
Rent: $771/mo
Affordability: 94
Population: 11,506
Home Value: $333,400
Rent: $771/mo
Affordability: 94
Population: 38,803
Home Value: $358,000
Rent: $771/mo
Affordability: 94
Population: 24,845
4
Home Value: $311,200
Rent: $771/mo
Affordability: 94
Population: 25,616
5
Home Value: $425,800
Rent: $771/mo
Affordability: 94
Population: 119,872
6
Home Value: $637,600
Rent: $771/mo
Affordability: 94
Population: 30,635
7
Home Value: $382,300
Rent: $771/mo
Affordability: 94
Population: 15,703
8
Home Value: $266,800
Rent: $771/mo
Affordability: 94
Population: 65,685
9
Home Value: $295,100
Rent: $771/mo
Affordability: 94
Population: 17,921
10
Home Value: $363,000
Rent: $771/mo
Affordability: 94
Population: 12,301
11
Home Value: $206,200
Rent: $771/mo
Affordability: 94
Population: 56,582
12
Home Value: $243,700
Rent: $771/mo
Affordability: 94
Population: 52,315
13
Home Value: $449,700
Rent: $771/mo
Affordability: 94
Population: 11,971
14
Home Value: $289,900
Rent: $771/mo
Affordability: 94
Population: 9,614
15
Home Value: $213,400
Rent: $771/mo
Affordability: 94
Population: 12,349
Frequently Asked Questions About Affordability in Jerome
What is the most affordable neighborhood in Jerome, ID?▾
Based on 2026 data, Burley is the most affordable neighborhood in Jerome with a median home value of $173,900. Kurby analyzed 15 neighborhoods in the Jerome area to compile these rankings.
What is the median home price in Jerome, ID?▾
The median home price in Jerome is $192,000, which is 32% below nat'l avg. The national median home value is $281,900 (Source: Kurby, 2026).
Is Jerome affordable compared to the national average?▾
Jerome has an affordability index of 94, which means housing is less affordable than the national baseline of 100. An index above 100 indicates that a median-income household can afford a median-priced home in the area.
What is the average rent in Jerome, ID?▾
The median monthly rent in Jerome is $771. This is 34% below nat'l avg. The national median rent is $1,163/month (Source: Kurby, 2026).
What is the median household income in Jerome?▾
The median household income in Jerome is $59,656 compared to the national median of $74,580. This metric is important for understanding housing affordability in relation to local earning power (Source: Kurby, 2026).
How many neighborhoods in Jerome are below the national average home price?▾
5 out of 15 ranked neighborhoods in Jerome have a median home value below the national average of $281,900. The most affordable is Burley at $173,900 (Source: Kurby, 2026).