Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Banks area can be challenging. Home prices in Banks are now at a median cost of $250,130, lower than the Idaho average of $281,471.
The average cost of rent is $843/mo in Banks, primarily driven by the current value of real estate in the Banks area. While nearly 47.90% of residents own their homes outright in Banks, 21.53% rent.
Housing affordability isn’t just about home prices, though. The average household income in Banks is $5,411 per month. Households that rent pay about 15.58% of their income on rent here. Banks's most expensive areas are in the southwestern regions, while the cheapest areas are in the western parts of the city.
Nearby Cities
- Crouch, ID: higher priced homes
- Garden Valley, ID: higher priced homes
- Horseshoe Bend, ID: equally priced homes
- Sweet, ID: higher priced homes
- Placerville, ID: higher priced homes
- Montour, ID: higher priced homes
- Ola, ID: higher priced homes
- Pioneerville, ID: less expensive homes
- Pearl, ID: higher priced homes
- Smiths Ferry, ID: higher priced homes
Cities with Similar Populations
- Las Nutrias, NM: less expensive homes
- Saltaire, NY: higher priced homes
- Santa Catarina, TX: less expensive homes
- Craig Springs, VA: less expensive homes
- Coyote, CA: higher priced homes
- Linn, MS: less expensive homes
- Lincoln, OR: higher priced homes
- Limestone Springs, KY: equally priced homes
- Scofield, OR: higher priced homes
- Corona, AL: less expensive homes
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