Low Income Apartments and Affordable Housing For Rent in Jerome, ID

Discover affordable housing in Jerome where there are 7+ housing opportunities based on income and household needs like accessible units for seniors or persons with disabilities. Find and apply to these low income apartments now.

Windwood

921 S Davis St, Jerome, Idaho 83338

bed 1-3

Clover Creek I

1200 S Davis St , Jerome, Idaho 83338

Northside Court

140 8th Ave. , Jerome, Idaho 83338

Prestwick, Baltray & Western Gailes

1285 S Lincoln Ave , Jerome, Idaho 83338

Oaks ( the )

1911 N Kennedy St, Jerome, Idaho 83338

Prestwick Apartments

700 S Lincoln Ave, Jerome, Idaho 83338

Heritage Homes

100 N Fillmore St, Jerome, Idaho 83338

auto_awesome Focus Results:
switch_access_shortcut Short Wait
payment Subsidized
real_estate_agent Accepts Vouchers
elderly Senior
payment Income Based
accessibility Accessible
accessible_forward Disability

How To Identify Affordable Housing in Jerome, Idaho

Look for program and preference badges on affordable apartment listings. These badges can help you identify the types of low income housing each apartment offers and if you may be eligbile for rental assistance or reduced rents.

Badge Description
switch_access_shortcut Short Wait
Low income apartments with no or short waiting lists.
payment Subsidized
Low income housing where the rent is subsidized and the renter pays only a portion of total rent.
real_estate_agent Accepts Vouchers
Apartments that accept Section 8 vouchers near you
elderly Senior
Rental housing for seniors who are 55 (or sometimes 62) and older.
payment Income Based
Affordable apartments where the rent paid is based on renter income.
accessibility Accessible
Meets Accessibilty Requirements of the Fair Housing Act, the ADA, or HUD policy.
accessible_forward Disability
Apartments for individuals or families with disabilities.
The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Jerome, Idaho
$19.47/hour
$12.22 (+169%) more than Idaho minimum wage and $12.22 (+169%) more than the Federal minimum wage.
Learn More About Jerome, Idaho Affordable Housing ↓

What HUD offices serve Jerome, Idaho?

Public Housing Agencies operate federally assisted affordable housing programs at local levels on behalf of HUD. Notably, housing agencies are responsible for managing Section 8 Housing Choice Voucher, Public Housing, and Project-Based Voucher waiting lists within their jurisdiction.

Operates the Public Housing programs for Jerome, Idaho.

Go to the Idaho Public Housing and Low-Income Apartments Waiting Lists page for openings near Jerome.

How many renters live in Jerome, Idaho?

The City of Jerome has people living in households.

There are renters living in renter households in this City. Renters make up 29.78 percent of the population living in Jerome.

What is the rental market like in Jerome, Idaho?

There are an estimated housing units in the Jerome area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Jerome, Idaho, there are 1 rental units.

What is the vacancy rate for rentals in Jerome?

The rental vacancy rate in Jerome is 0 percent. This is a lower than average vacancy rate. When rental vacancy rates are low there are fewer available units. Rents tend to be higher as more people compete for scarce housing.

How many rental units are in Jerome for each bedroom size?

Occupied Rental Units by Size in Jerome
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
33 132 487 610 76
Occupied Rental Units by Size in Jerome

A large number of apartments in Jerome have two or fewer bedrooms. Seniors and young professionals especially may have more success finding an apartment that meets their needs.

How Much Is Rent in Jerome

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $697 to $1,745. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $697
One BR $782
Two BR $1,028
Three BR $1,364
Four BR $1,745
2024 Fair Market Rents in Jerome, Idaho

How many units are rented at Fair Market Rent (FMR) in Jerome?

Renters with a Section 8 Housing Choice Voucher must select a home that is at or below the area’s Fair Market Rent. Markets with a large share of units above FMR tend to have longer search times to find a qualified unit, while those with a large share of units below FMR tend to have more choices and shorter search times. The share below FMR can vary by size of unit, as shown in the table below.

These are the approximate number of units renting below the FMR in this market:

Unit Size Count of Units Below FMR Percentage of Total Units Below FMR
Studio 17 52 percent
One BR 102 77 percent
Two BR 402 83 percent
Rental Units Below FMR in Jerome, Idaho

How many affordable rental units are in Jerome?

There are a variety of federal affordable housing programs serving households in Jerome, Idaho including the following:

Federal Program Unit Count
Low Income Housing Tax Credit
Public Housing
Section 8 Project-Based Rental Assistance
USDA Section 515 Rural Rental Housing
Tracked Units by Federal Program in Jerome, Idaho

Rental units may be funded in part by multiple federal programs.

Income Based Apartments in Jerome, Idaho

Jerome features 146 income based apartments. Tenants of income based apartments typically pay no more than 30% of their income towards rent and utilities.

Low Rent Apartments in Jerome, Idaho

There are 104 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Jerome.

Housing Choice Vouchers in Jerome, Idaho

On average, Section 8 Housing Choice vouchers pay Jerome landlords $500 per month towards rent. The average voucher holder contributes $300 towards rent in Jerome.

The maximum amount a voucher would pay on behalf of a low-income tenant in Jerome, Idaho for a two-bedroom apartment is between $925 and $1,131.

Sourced from federal housing data and AffordableHousingOnline.com research.