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These days, finding an affordable place to live in the Idaho area can be challenging. Home prices in Idaho are now at a median cost of $281,471, lower than the the United States average of $313,691.
The average cost of rent is $1,024/mo in Idaho, primarily driven by the current value of real estate in the Idaho area. While nearly 38.17% of residents own their homes outright in Idaho, 26.18% rent.
Housing affordability isn’t just about home prices, though. The average household income in Idaho is $5,821 per month. Households that rent pay about 17.59% of their income on rent here. Idaho's most expensive areas are in the western regions, while the cheapest areas are in the northeastern parts of the state.
Nearby States
States with Similar Populations
- Alaska: less expensive homes
- Wisconsin: less expensive homes
- Washington: higher priced homes
- Vermont: equally priced homes
- Texas: less expensive homes
- South Dakota: less expensive homes
- Rhode Island: higher priced homes
- Puerto Rico: less expensive homes
- Oregon: higher priced homes
- New Mexico: less expensive homes
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