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Affordable
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These days, finding an affordable place to live in the Thatcher area can be challenging. Home prices in Thatcher are now at a median cost of $402,000, lower than the Idaho average of $450,170.
The average cost of rent is $925/mo in Thatcher, primarily driven by the current value of real estate in the Thatcher area. In Thatcher, 30.56% of households rent, and 69.33% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Thatcher is $4,703 per month. Households that rent pay about 19.67% of their income on rent here. Thatcher’s most expensive areas are in the central 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
- Lago, ID: less expensive homes
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Cities with Similar Populations
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- Foresta, CA: equally priced homes
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