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Affordable
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These days, finding an affordable place to live in the Sterling area can be challenging. Home prices in Sterling are now at a median cost of $315,707, lower than the Idaho average of $450,170.
The average cost of rent is $816/mo in Sterling, primarily driven by the current value of real estate in the Sterling area. In Sterling, 20.34% of households rent, and 55.92% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Sterling is $5,422 per month. Households that rent pay about 15.06% of their income on rent here. Sterling’s most expensive areas are in the northwestern 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
- Springfield, ID: equally priced homes
- Aberdeen, ID: less expensive homes
- Pingree, ID: equally priced homes
- Arbon Valley, ID: less expensive homes
- Gibson, ID: less expensive homes
- Rockford, ID: higher priced homes
- Thomas, ID: equally priced homes
- Fort Hall, ID: less expensive homes
- Chubbuck, ID: equally priced homes
- Taber, ID: equally priced homes
Cities with Similar Populations
- Sand Bay, WI: less expensive homes
- Lockport, KY: less expensive homes
- Locust Hill, MO: less expensive homes
- Lodge Corner, AR: less expensive homes
- Lone Star, AZ: less expensive homes
- Lone Tree, ND: less expensive homes
- Long Branch, IL: less expensive homes
- Lost Creek, WA: higher priced homes
- Lower Elk Creek, VA: less expensive homes
- Lucile, ID: higher priced homes
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