Idaho
Ranked #33 of 51 for housing affordability
Median Home Price
🏠$429K
5.72x income
Median Rent
🔑$1,256
31.0% rent-burdened
Median Income
💰$75K
Population: 1,939,033
Homeownership
🏡73.0%
2,455 experiencing homelessness
Housing Shortage
📉35,000
units needed
Building Permits (2024)
🔨17,630
Price-to-Income
📊5.72x
Severe Rent Burden
⚠️13.8%
paying >50% of income
Rent Burden Breakdown
vs. National Average
House Price Index (2000–2025)
FHFA All-Transactions HPI · Base = 100 (1980s)
HUD Fair Market Rents (FY2026)
Maximum rent HUD considers fair for Section 8 voucher holders
FMR ($1404) is above the state median rent ($1256) — vouchers cover typical rents.
Metros in Idaho
| Metro | Score | Home Price | Rent | Income | Rent Burden |
|---|---|---|---|---|---|
| Boise | 35 | $460K | $1,450 | $67K | 32.0% |
| Boise City | 63 | $472K | $1,511 | $83K | 20.6% |
| Coeur d'Alene | 44 | $557K | $1,426 | $73K | 22.2% |
| Idaho Falls | 69 | $386K | $1,186 | $76K | 18.7% |
| Twin Falls | 71 | $323K | $1,110 | $66K | 12.6% |
| Pocatello | 70 | $342K | $1,068 | $68K | 30.5% |
| Lewiston | 73 | $332K | $1,105 | $71K | 23.8% |
Market Trends
Homeownership Rate
73.0%
Rent-to-Income Ratio
20.0%
of gross income spent on rent
Total Households
733,244
Owner-Occupied
531,631
Renter-Occupied
201,613
Homelessness
Latest Count (2024)
2,750
1-Year Change
+19.7%
10-Year Trend (2015–2024)
+39.9%
1,966 → 2,750
Housing Policies
Construction Activity
Total Permits (2024)
17,630
1.3% of national total
Single-Family
14,821
84% of state permits
Multi-Family
2,809
16% of state permits
Mortgage Access
National HMDA data — mortgage denial rates by race/ethnicity
Denial Rates by Race
Top Denial Reasons
Housing Shortage
State Shortage
35,000
units needed
National Shortage
7,300,000
0.5% of national total
Affordable Units per 100 ELI Renters
35
nationally (NLIHC)
National Shortage by Unit Type
45%
Single-Family
18%
Small Multi (2-4)
22%
Medium Multi (5-49)
15%
Large Multi (50+)
Rent Burden Detail
Idaho burden rates with national demographic breakdown
Cost-Burdened Renters
31.0%
paying >30% of income
Severely Burdened
13.8%
paying >50% of income
Households >30% Burden
40,902
Households >35% Burden
17,146