Expensive
Affordable
Affordable
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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 $377,928, lower than the Idaho average of $450,170.
The average cost of rent is $1,246/mo in Murphy, primarily driven by the current value of real estate in the Murphy area. In Murphy, 24.12% of households rent, and 47.25% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Murphy is $6,786 per month. Households that rent pay about 18.36% of their income on rent here. Murphy’s most expensive areas are in the eastern 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
- 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: less expensive 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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