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These days, finding an affordable place to live in the Basalt area can be challenging. Home prices in Basalt are now at a median cost of $306,907, lower than the Idaho average of $450,170.
The average cost of rent is $893/mo in Basalt, primarily driven by the current value of real estate in the Basalt area. In Basalt, 18.63% of households rent, and 45.60% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Basalt is $6,223 per month. Households that rent pay about 14.35% of their income on rent here. Basalt’s most expensive areas are in the northwestern regions, while the cheapest areas are in the eastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Firth, ID: equally priced homes
- Kimball, ID: higher priced homes
- Shelley, ID: higher priced homes
- Woodville, ID: higher priced homes
- Wapello, ID: equally priced homes
- Rose, ID: higher priced homes
- Blackfoot, ID: equally priced homes
- Groveland, ID: equally priced homes
- Idaho Falls, ID: higher priced homes
- Ammon, ID: higher priced homes
Cities with Similar Populations
- Towns, GA: less expensive homes
- High Hill, MO: less expensive homes
- Hoberg, MO: less expensive homes
- Humphreys, LA: less expensive homes
- Igo, CA: higher priced homes
- Jarbalo, KS: higher priced homes
- Jerome, AR: less expensive homes
- Jersey, GA: equally priced homes
- Tusayan, AZ: equally priced homes
- Lacrosse, WA: less expensive homes
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