Rent in Idaho
The median 2-bedroom Fair Market Rent in Idaho is $1,284/mo, ranking #25 out of 51 states for highest rent. This is $34 above the national median of $1,250/mo. Idaho has a population of 1.9M. About 27.6% of households rent their homes. Fair Market Rent data covers 10 areas across the state.
Highlights
All 10 Areas in Idaho
| Area | Studio | 1BR | 2BR | 3BR | Burden | YoY |
|---|---|---|---|---|---|---|
| Boise City Pop. 791K | $1,170 | $1,381 | $1,655 | $2,318 | 24% | +19.2% |
| Coeur d'Alene Pop. 178K | $1,103 | $1,302 | $1,547 | $2,152 | 24.1% | +23% |
| Idaho Falls Pop. 162K | $1,034 | $1,095 | $1,305 | $1,815 | 20.3% | +18.9% |
| Butte County Pop. 2.7K | $1,020 | $1,094 | $1,304 | $1,814 | 36.2% | +30.9% |
| Twin Falls County Pop. 92K | $885 | $979 | $1,284 | $1,786 | 23.6% | +21.2% |
| Logan Pop. 152K | $940 | $946 | $1,241 | $1,726 | 19.2% | +18.5% |
| Lewiston Pop. 65K | $925 | $931 | $1,220 | $1,697 | 20.7% | +10% |
| Gem County Pop. 20K | $834 | $908 | $1,190 | $1,601 | 21.6% | +11.2% |
| Jerome County Pop. 25K | $819 | $986 | $1,186 | $1,599 | 20.5% | +15.4% |
| Pocatello Pop. 88K | $809 | $894 | $1,173 | $1,631 | 22% | +18.8% |
Frequently Asked Questions
The median 2-bedroom Fair Market Rent across Idaho is $1,284 per month. Rents range from $1,173/mo in Pocatello to $1,655/mo in Boise City. The actual median gross rent statewide is $1,150/mo according to Census data.
Idaho ranks #25 out of 51 states for highest median Fair Market Rent. The state median 2BR FMR of $1,284/mo is $34 above the national median of $1,250/mo.
The average rent burden across Idaho is 23.2%, meaning a typical household would spend 23.2% of income on a 2-bedroom at Fair Market Rent. 1 of 10 areas exceed HUD's 30% cost-burden threshold. The statewide median household income is $74,636.
The most affordable area in Idaho is Pocatello with a 2-bedroom Fair Market Rent of $1,173/mo. The median household income there is $64,080.
The most expensive area in Idaho is Boise City with a 2-bedroom Fair Market Rent of $1,655/mo. The median household income there is $82,694.
Fair Market Rents represent the 40th percentile of gross rents for standard-quality rental units. State-level income and demographic data comes from the Census Bureau ACS 5-Year estimates. Rent burden is calculated as annual 2BR FMR divided by area median household income.