RentData.org

RentData.org Logo Jerome County Fair Market Rent FY 2023 Jerome County, ID HUD Metro FMR Area Rental Data

Fair Market Rent Prices in Jerome County, ID :
$666 $757 $996 $1,391 $1,647
Studio / Efficiency 1-Bedroom 2-Bedroom 3-Bedroom 4-Bedroom
0-BR 1-BR 2-BR 3-BR 4-BR
Moderate 40th Percentile Metro Area

Fair Market Rent prices in Jerome County are high compared to the national average. This FMR area is more expensive than 80% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Jerome County is $996 per month.

The previous year, rent for a two-bedroom home was $924 per month. This is a 7.79% increase year-over-year.

This FMR rate applies to Eden, ID, Hazelton, ID, Paul, ID, Twin Falls, ID and other cities within the region. The Metro Code or CBSA code for this region is METRO46300N16053.

Additionally, This Fair Market Rent (FMR) area Jerome County, ID HUD Metro FMR Area spans one county or city in Idaho which is listed in the table below. Estimated population of Jerome County, ID HUD Metro FMR Area FMR area is 24,074 people based on latest Census data.

Compared to the rest of Idaho, the Jerome County FMR area is more expensive than 76% of the state.

Idaho Rents Map

Click on the map to view more another region.

See Nationwide Map

What is Fair Market Rent?

Fair Market Rent is determined each fiscal year by the HUD and is used to set payment standards for federal housing assistance programs in Jerome County. Fair Market Rent is the 40th-percentile of typical rentals in a given region. Learn more

Median Rent Prices in Jerome County

To compute the 40th percentile of rent prices the HUD must determine the median or 50th percentile as well. 50th percentile rent prices are NOT fair market rents (unless otherwise noted as a 50th percentile designated region above). However, some home owners or rents may be interested in the median rent prices as well.

50th Percentile Rental Prices:
0-BR Studio / Efficiency $ 697
1-BR 1-Bedroom $ 792
2-BR 2-Bedroom $ 1042
3-BR 3-Bedroom $ 1456
4-BR 4-Bedroom $ 1723
Change Year:
2021 2022 2023 2024 2025

There is just one county (listed below) within the Jerome County, ID HUD Metro FMR Area FMR area (most regions, especially metro areas, cover multiple counties). This FMR area covers one metro area: Twin Falls.

County / Region Est. Population
Jerome County, ID Metro 24,074
Zip Codes in Jerome County, ID HUD Metro FMR Area

There are 4 unique zip codes in this Fair Market Rent (FMR) area:

83301, 83325, 83335 and 83347

Lookup Fair Market Rent by Zip Code

What's Next?

Here are some additional resources you may also be interested in:

Top