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Affordable
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These days, finding an affordable place to live in the Ponderay area can be challenging. Home prices in Ponderay are now at a median cost of $404,376, lower than the Idaho average of $450,170.
The average cost of rent is $1,322/mo in Ponderay, primarily driven by the current value of real estate in the Ponderay area. In Ponderay, 46.33% of households rent, and 39.31% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Ponderay is $5,359 per month. Households that rent pay about 24.67% of their income on rent here. Ponderay’s most expensive areas are in the eastern regions, while the cheapest areas are in the southern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Sandpoint, ID: higher priced homes
- Kootenai, ID: equally priced homes
- Dover, ID: higher priced homes
- Culver, ID: higher priced homes
- Westmond, ID: higher priced homes
- Samuels, ID: higher priced homes
- Sunnyside, ID: higher priced homes
- Sagle, ID: higher priced homes
- Selle, ID: higher priced homes
- Colburn, ID: higher priced homes
Cities with Similar Populations
- Arlington, KY: less expensive homes
- Belvidere, NC: less expensive homes
- Apple Grove, WV: less expensive homes
- Rocky Ridge, MD: equally priced homes
- Oak Ridge, MO: less expensive homes
- Ocobla, MS: less expensive homes
- Ogden Dunes, IN: higher priced homes
- Ogdensburg, WI: less expensive homes
- Pickford, MI: less expensive homes
- Pirtleville, AZ: less expensive homes
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