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These days, finding an affordable place to live in the Idaho Falls area can be challenging. Home prices in Idaho Falls are now at a median cost of $359,356, lower than the Idaho average of $450,170.
The average cost of rent is $1,362/mo in Idaho Falls, primarily driven by the current value of real estate in the Idaho Falls area. In Idaho Falls, 30.25% of households rent, and 36.75% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Idaho Falls is $7,197 per month. Households that rent pay about 18.93% of their income on rent here. Idaho Falls’s most expensive areas are in the southeastern regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Ammon, ID: higher priced homes
- Beachs Corner, ID: higher priced homes
- Iona, ID: higher priced homes
- Milo, ID: higher priced homes
- Grant, ID: higher priced homes
- Garfield, ID: higher priced homes
- Woodville, ID: higher priced homes
- Ucon, ID: equally priced homes
- Coltman, ID: higher priced homes
- Shelley, ID: equally priced homes
Cities with Similar Populations
- Ventura, CA: higher priced homes
- Waldorf, MD: higher priced homes
- Vista, CA: higher priced homes
- Virginia Beach, VA: equally priced homes
- Waco, TX: less expensive homes
- Toms River, NJ: higher priced homes
- Turlock, CA: higher priced homes
- Trenton, NJ: less expensive homes
- Tulsa, OK: less expensive homes
- Terre Haute, IN: less expensive homes
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