The Most Affordable Neighborhoods in Idaho Falls, ID by Home Value

 

Idaho Falls, ID Map of Most Affordable Neighborhoods
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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 $245,686, lower than the Idaho average of $281,471.

The average cost of rent is $1,110/mo in Idaho Falls, primarily driven by the current value of real estate in the Idaho Falls area. While nearly 38.17% of residents own their homes outright in Idaho Falls, 31.13% rent.

Housing affordability isn’t just about home prices, though. The average household income in Idaho Falls is $6,377 per month. Households that rent pay about 17.40% of their income on rent here. Idaho Falls's most expensive areas are in the southeastern regions, while the cheapest areas are in the northern parts of the city.


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