Is Jerome, ID a good place to invest in rental property?

Jerome, ID has a median modeled monthly cash flow of $-1,458 and a median cap rate of 1.7%, on a median sold price of $350,000. Prices changed +3.4% year over year.

What is the average cap rate in Jerome, ID?

The median cap rate across recently sold homes in Jerome, ID is 1.7%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Jerome, ID?

The median sold price in Jerome, ID is $350,000 (about $242 per square foot).

Investing in Jerome, ID Real Estate

A data-driven snapshot of the Jerome, ID rental-property market, built from recently sold homes and CashFlowRE's per-listing investment modeling — median price, cap rate, monthly cash flow, appreciation and inventory — so you can judge the market before you ever open a listing.

$350,000Median sold price

$242Median $/sqft

1.6%Median cap rate

$-1,458Modeled cash flow / mo

+3.4%Appreciation YoY

9.4Months of supply

230Active listings

293Sold (last 12 mo)

What the Jerome numbers say

In Jerome, ID, the median home sold for $350,000 (about $242 per square foot), and the typical deal models out to a 1.6% cap rate with a median $-1,458 of monthly cash flow. Sold prices moved +3.4% over the past year. Inventory sits at about 9.4 months of supply — a looser, buyer-friendly market. These are medians across recorded sales; individual properties vary widely, which is exactly what CashFlowRE scores listing by listing.

Other Idaho markets to compare

See Jerome cash-flowing listings

CashFlowRE ranks every for-sale home in Jerome, ID by cap rate, cash-on-cash return, DSCR and monthly cash flow — so the best rental deals rise to the top. Create a free account to screen Jerome deals, or browse the national market data.