Cost of Living in Jerome County, Idaho
At a Glance
Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)
How Jerome County Compares
Median monthly rent comparison
Detailed Housing Stats
Data Story
About Cost of Living in Jerome County, Idaho
Jerome County leads in housing affordability
Jerome County's 14.9% rent-to-income ratio is among the nation's best, placing renters in a comfortable financial position despite a median income of $69,338 that's 7% below the national average. This county delivers genuine affordability without requiring above-average earnings.
Best affordability ratio in Idaho region
Jerome County ranks among the state's most affordable at 14.9% compared to Idaho's 16.8% average, with rents of $862 that align with the state median of $919. It represents an ideal middle ground: reasonable housing costs paired with access to job markets.
Sweet spot between rural and urban
Jerome's $862 rent falls between the bargain basements of Idaho County ($797) and the pricier markets of Kootenai ($1,330) and Jefferson ($1,098). At $69,338 income, Jerome households earn more than Latah and Lemhi counties while keeping rents manageable and well below state average.
Home ownership costs more than renting
Renters pay $862 monthly while homeowners spend $1,078 on their $254,000 median home value, creating a $216 monthly ownership premium. For the $69,338 median household income, this ratio remains affordable, but renters should understand that buying here carries a genuine cost bump.
Jerome County: affordable and practical
Jerome County offers the region's best rent-to-income ratio (14.9%) for households earning near $69,000, making it ideal for renters seeking stability without sacrifice. Compare this to Kootenai (20.7%) or Latah (16.7%) to see why Jerome works best for budget-conscious families and professionals.
Affordability Calculator
See how your income compares to housing costs in Jerome County
Rent Burden
14.9%
of gross income
Max Housing (28% Rule)
$1,618
per month
Owner Cost Burden
18.7%
of gross income
The median home in Jerome County may be a stretch
Median home value is $254,000. Estimated monthly cost: $2,028 vs. your max of $1,618.
Rent Affordability Guide
Frequently Asked Questions
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See Today's RatesData: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.