Idaho renters looking for the least expensive areas to rent should look for the areas towards the red end of the spectrum on the rent cost map. Those who don't mind paying for high-end and luxury apartments should seek out apartments in dark green areas.
On average, the cost of rent in Idaho is about $1,024 per month. This puts it in the 1st percentile compared to the nation average cost of rent, which is $1,307. Households in Idaho have a median income of $5,821 per month so the average renter in Idaho is spending roughly 18% of their earnings on housing.
Nationally, and in Idaho, home values are the data point most closely correlated with the cost of rent. The median price of a home in Idaho is $281,471 right now, which is lower than nearby states, meaning that rents in Idaho also tend to be lower versus these nearby states.
Higher rent prices are common in the western parts of Idaho while lower rent rates are often available in northeastern areas.
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