Logo Jerome County Fair Market Rent FY 2022 Jerome County, ID HUD Metro FMR Area Rental Data

Fair Market Rent Prices in Jerome County, ID :
$614 $702 $924 $1,156 $1,526
Studio / Efficiency 1-Bedroom 2-Bedroom 3-Bedroom 4-Bedroom
0-BR 1-BR 2-BR 3-BR 4-BR
Moderate 50th Percentile Metro Area

Fair Market Rent prices in Jerome County are high compared to the national average. This FMR area is more expensive than 78% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Jerome County is $924 per month.

The previous year, rent for a two-bedroom home was $860 per month. This is a 7.44% 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 0 people based on 2000 Census data.

Compared to the rest of Idaho, the Jerome County FMR area is more expensive than 73% of the state.

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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 $ 640
1-BR 1-Bedroom $ 733
2-BR 2-Bedroom $ 964
3-BR 3-Bedroom $ 1206
4-BR 4-Bedroom $ 1592
Change Year:

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
, ID Metro 0
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