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These days, finding an affordable place to live in the Granite area can be challenging. Home prices in Granite are now at a median cost of $830,086, higher than the Idaho average of $450,170.
The average cost of rent is $1,360/mo in Granite, primarily driven by the current value of real estate in the Granite area. In Granite, 10.44% of households rent, and 57.25% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Granite is $4,622 per month. Households that rent pay about 29.42% of their income on rent here. Granite’s most expensive areas are in the southeastern regions, while the cheapest areas are in the northwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Athol, ID: less expensive homes
- Careywood, ID: less expensive homes
- Bayview, ID: less expensive homes
- Belmont, ID: equally priced homes
- Spirit Lake, ID: less expensive homes
- Edgemere, ID: less expensive homes
- Cocolalla, ID: less expensive homes
- Lakeview, ID: less expensive homes
- Garwood, ID: less expensive homes
- Rockaway Beach, ID: higher priced homes
Cities with Similar Populations
- Yorkville, WI: less expensive homes
- Superior, PA: less expensive homes
- Thompson, IA: less expensive homes
- Terril, IA: less expensive homes
- Atlanta, NY: less expensive homes
- Wren, MS: less expensive homes
- Ary, KY: less expensive homes
- Arlington, IA: less expensive homes
- Arkville, NY: less expensive homes
- Apple Springs, TX: less expensive homes
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