Jerome County, ID

2024 Fair Market Rents

Tags: 2024 Jerome County, ID HUD Metro FMR Area

Return to the state page to see where Idaho ranks nationally and to view information on other counties. Click on the map to view a different county.

The top four largest cities in Jerome County are Twin Falls, Paul, Hazelton, and Eden. Fair Market Rents on this page may apply depending on whether the county uses SAFMRs or county level FMRs. Cities in multiple SAFMR areas will have different SAFMRS based on ZIP code.

What type of FMR does Jerome County use?

Small Area Fair Market Rents were created by the HUD for this county/Metro Fmr Area however Jerome County is not required to use Small Area FMRs by the HUD. It is at the discretion of the local Housing Authority to determine if SAFMRs or 40th percentile FMRs are used.

To learn more about the criteria the HUD uses to determine if a Metro FMR Area requires Small Area Fair Market Rents click here.

How does Jerome County compare?

Jerome County ($1,028) has a 1.9% lower FMR for 2-Bedroom housing than the average of Idaho ($1,048) and therefore has a lower gross rent.

Jerome County is rank 20th out of 44 counties. This means the FMRs, or in other words, the gross rent is higher than 24 other counties. Jerome County is the 20th most expensive county in terms of FMRs.

Rent Tables Jerome County, ID

Fair Market Rent (40th Percentile)

$697
studio
$782
1-Bedroom
$1,028
2-Bedroom
$1,364
3-Bedroom
$1,745
4-Bedroom

Median Rent (50th Percentile)

$729
studio
$819
1-Bedroom
$1,076
2-Bedroom
$1,428
3-Bedroom
$1,826
4-Bedroom

Small Market Areas (By Zip Code)

The 90% and 110% SAFMRs represent the minimum and maximum payment standards that can be set by the local Public Housing Authority under regular conditions. The payment standard is the actual value used in Section 8. For more on payment standards click here.

FMRs and SAFMRs are set by the HUD. The local PHA takes these FMR/SAFMR values and may decide to use any value that is within +-10% of the FMR/SAFMR as the payment standard for the areas under their jurisdiction.

For a more in-depth explaination return to the overview page.

ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
83301 $740 $830 $1,090 $1,540 $1,850
83325 $770 $860 $1,130 $1,500 $1,920
83335 $700 $790 $1,040 $1,380 $1,760
83347 $610 $690 $910 $1,260 $1,540
83301 $740 $830 $1,090 $1,540 $1,850
ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
83301 $666 $747 $981 $1,386 $1,665
83325 $693 $774 $1,017 $1,350 $1,728
83335 $630 $711 $936 $1,242 $1,584
83347 $549 $621 $819 $1,134 $1,386
83301 $666 $747 $981 $1,386 $1,665
ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
83301 $814 $913 $1,199 $1,694 $2,035
83325 $847 $946 $1,243 $1,650 $2,112
83335 $770 $869 $1,144 $1,518 $1,936
83347 $671 $759 $1,001 $1,386 $1,694
83301 $814 $913 $1,199 $1,694 $2,035

Fair Market Rents on this page apply to the following cities in Jerome County, Idaho: Twin Falls, Paul, Hazelton, and Eden.

These Fair Market Rents also apply to the following ZIP codes in Jerome County, Idaho: 83301, 83347, 83335, and 83325.

Jerome County, ID is considered part of the following metro FMR area: JEROME COUNTY, ID HUD METRO FMR AREA.

More on Jerome County, ID

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Data Source

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Fair Market Rents are published by the Department of Housing And Urban Development.