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These days, finding an affordable place to live in the Challis area can be challenging. Home prices in Challis are now at a median cost of $330,597, lower than the Idaho average of $450,170.
The average cost of rent is $703/mo in Challis, primarily driven by the current value of real estate in the Challis area. In Challis, 30.78% of households rent, and 52.75% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Challis is $5,652 per month. Households that rent pay about 12.44% of their income on rent here. Challis’s most expensive areas are in the eastern regions, while the cheapest areas are in the southwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Ellis, ID: higher priced homes
- Clayton, ID: less expensive homes
- May, ID: higher priced homes
- Patterson, ID: higher priced homes
- Torreys, ID: higher priced homes
- Sunbeam, ID: higher priced homes
- Cobalt, ID: higher priced homes
- Lemhi, ID: equally priced homes
- Tendoy, ID: equally priced homes
- Stanley, ID: higher priced homes
Cities with Similar Populations
- Bearden, AR: less expensive homes
- Beverly, OH: less expensive homes
- Bloxom, VA: less expensive homes
- Winslow, AR: less expensive homes
- Wilton, WI: less expensive homes
- Cedarville, NJ: less expensive homes
- Rumney, NH: equally priced homes
- Lewiston, MN: less expensive homes
- Rocheport, MO: equally priced homes
- Republic, OH: less expensive homes
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