Nampa, ID
Canyon County ยท Pop. 108,898
Ranked #149 of 243 cities
36Crisis
Median Home Price
๐$360K
4.0% YoY
Median Rent
๐$1,350
3.0% YoY
Median Income
๐ฐ$52K
Rent Burden
๐32.5%
% of income to rent
Income to Buy
๐ฆ$104K
annual income needed
Income to Rent
๐$54K
annual income needed
Price-to-Income
โ๏ธ6.9x
Homeownership
๐ก62.0%
Rent vs. Buy
Buy
$1,916/mo
Est. mortgage (7%, 20% down)
Need $104K/yr income
Rent
$1,350/mo
Median rent
Need $54K/yr income
How Nampa Compares
| Metric | Nampa | Idaho | National |
|---|---|---|---|
| Home Price | $360K | $429K | $410K |
| Rent | $1,350 | $1,256 | $1,500 |
| Income | $52K | $75K | $75K |
| Rent Burden | 32.5% | 31.0% | 30.0% |
Key Takeaways
- โข Home prices in Nampa are 12% lower than the national average.
- โข Rent is 10% lower than the national average.
- โข You need an income of $104K to comfortably buy a home here.
- โข The homeownership rate is 62.0%, compared to 65.0% nationally.