Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Murphy area can be challenging. Home prices in Murphy are now at a median cost of $242,088, lower than the Idaho average of $281,471.
The average cost of rent is $1,033/mo in Murphy, primarily driven by the current value of real estate in the Murphy area. While nearly 45.04% of residents own their homes outright in Murphy, 17.01% rent.
Housing affordability isn’t just about home prices, though. The average household income in Murphy is $5,210 per month. Households that rent pay about 19.83% of their income on rent here. Murphy's most expensive areas are in the southeastern regions, while the cheapest areas are in the central parts of the city.
Nearby Cities
- Reynolds, ID: equally priced homes
- Oreana, ID: equally priced homes
- Melba, ID: higher priced homes
- Mora, ID: higher priced homes
- Kuna, ID: higher priced homes
- Silver City, ID: equally priced homes
- Grand View, ID: less expensive homes
- Nampa, ID: equally priced homes
- Marsing, ID: higher priced homes
- Orchard, ID: higher priced homes
Cities with Similar Populations
- Enterprise, LA: less expensive homes
- Everest, KS: less expensive homes
- Evan, MN: less expensive homes
- Ethel, TX: less expensive homes
- Estrella, CO: less expensive homes
- Essig, MN: equally priced homes
- Ernestville, MO: less expensive homes
- Erastus, OH: less expensive homes
- Ephraim, WI: higher priced homes
- Wetzel, MI: less expensive homes
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