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Affordable
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These days, finding an affordable place to live in the Shoshone area can be challenging. Home prices in Shoshone are now at a median cost of $267,619, lower than the Idaho average of $450,170.
The average cost of rent is $1,054/mo in Shoshone, primarily driven by the current value of real estate in the Shoshone area. In Shoshone, 20.45% of households rent, and 44.83% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Shoshone is $5,735 per month. Households that rent pay about 18.37% of their income on rent here. Shoshone’s most expensive areas are in the northwestern regions, while the cheapest areas are in the southwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Dietrich, ID: equally priced homes
- Richfield, ID: less expensive homes
- Gooding, ID: equally priced homes
- Jerome, ID: equally priced homes
- Wendell, ID: higher priced homes
- Falls City, ID: higher priced homes
- Tuttle, ID: higher priced homes
- Selby, ID: higher priced homes
- Sugar Loaf, ID: higher priced homes
- Bliss, ID: higher priced homes
Cities with Similar Populations
- Maurepas, LA: equally priced homes
- Wilton, ME: less expensive homes
- West Townsend, MA: higher priced homes
- Troy, PA: less expensive homes
- Toyahvale, TX: less expensive homes
- Towanda, KS: less expensive homes
- Tipton, MI: equally priced homes
- Tahoe City, CA: higher priced homes
- Stamford, TX: less expensive homes
- Shalimar, FL: higher priced homes
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