The Most Affordable Neighborhoods in Colburn, ID by Home Value

These days, finding an affordable place to live in the Colburn area can be challenging. Home prices in Colburn are now at a median cost of $459,353, higher than the Idaho average of $450,170.

The average cost of rent is $2,191/mo in Colburn, primarily driven by the current value of real estate in the Colburn area. In Colburn, 19.44% of households rent, and 54.72% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Colburn is $5,888 per month. Households that rent pay about 37.21% of their income on rent here. Colburn’s most expensive areas are in the northwestern 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.

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