Nampa, ID

Canyon County ยท Pop. 108,898

Ranked #149 of 243 cities

36Crisis

Median Home Price

๐Ÿ 

$360K

4.0% YoY

Median Rent

๐Ÿ”‘

$1,350

3.0% YoY

Median Income

๐Ÿ’ฐ

$52K

Rent Burden

๐Ÿ“Š

32.5%

% of income to rent

Income to Buy

๐Ÿฆ

$104K

annual income needed

Income to Rent

๐Ÿ“

$54K

annual income needed

Price-to-Income

โš–๏ธ

6.9x

Homeownership

๐Ÿก

62.0%

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

MetricNampaIdahoNational
Home Price$360K$429K$410K
Rent$1,350$1,256$1,500
Income$52K$75K$75K
Rent Burden32.5%31.0%30.0%

Key Takeaways

  • โ€ข Home prices in Nampa are 12% lower than the national average.
  • โ€ข Rent is 10% lower than the national average.
  • โ€ข You need an income of $104K to comfortably buy a home here.
  • โ€ข The homeownership rate is 62.0%, compared to 65.0% nationally.