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These days, finding an affordable place to live in the Salmon area can be challenging. Home prices in Salmon are now at a median cost of $333,433, lower than the Idaho average of $450,170.
The average cost of rent is $880/mo in Salmon, primarily driven by the current value of real estate in the Salmon area. In Salmon, 19.34% of households rent, and 50.80% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Salmon is $4,696 per month. Households that rent pay about 18.73% of their income on rent here. Salmon’s most expensive areas are in the southeastern 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
- Carmen, ID: higher priced homes
- Cobalt, ID: higher priced homes
- Tendoy, ID: equally priced homes
- North Fork, ID: higher priced homes
- Jackson, MT: less expensive homes
- Lemhi, ID: equally priced homes
- Gibbonsville, ID: equally priced homes
- Shoup, ID: equally priced homes
- Ellis, ID: higher priced homes
- Wisdom, MT: less expensive homes
Cities with Similar Populations
- Lower Allen, PA: less expensive homes
- Reinholds, PA: less expensive homes
- Reedsport, OR: less expensive homes
- Reed City, MI: less expensive homes
- Redwood Valley, CA: higher priced homes
- Redwood Falls, MN: less expensive homes
- Red Oak, IA: less expensive homes
- Prospect Park, PA: less expensive homes
- Preston, CT: equally priced homes
- Lynchburg, TN: less expensive homes
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