Idaho Falls, ID Housing Market: Home Prices & Rent
Idaho Falls, ID home values since 2000
Last few years
Rent in Idaho Falls, ID
Owning vs renting, monthly
Buying the typical Idaho Falls, ID home with 20% down at this week's 7.32% 30-year rate costs about $2,755/month (principal, interest plus ~1.5% a year for tax and insurance) vs $1,434/month typical rent.
Rate: Freddie Mac, week of Oct 22, 2026. Estimate for comparison only.
Idaho Falls, ID vs Idaho vs the U.S.
| Typical home | 12-month change | Typical rent | |
|---|---|---|---|
| This metro | $408k | +1.6% | $1,434/mo |
| Idaho | $477k | +2.2% | - |
| United States | $366k | +1.2% | $1,932/mo |
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Common questions
Are home prices falling in Idaho Falls, ID?
No - the typical Idaho Falls, ID-area home value is up 1.6% over the past 12 months, at $408k (September 2026). Values are 5% below their June 2022 peak of $430k.
Is the Idaho Falls, ID housing market crashing?
Home values are 5% below their June 2022 peak and up 1.6% over the past year - a rising market, not a sudden collapse. Whether that continues isn't knowable from the data - this page updates every month when new figures come out.
How much is rent in Idaho Falls, ID?
Typical rent in the Idaho Falls, ID metro is $1,434 a month (September 2026), +2.1% over 12 months.
How much income do you need to buy a home in Idaho Falls, ID?
About $104k a year to afford the typical home with 20% down, spending no more than 30% of income on housing (September 2026).
Nearby and similar metros
Boise, ID · Billings, MT · New Haven, CT · Ann Arbor, MI · Fresno, CA
Sources: Data Provided by Zillow Group (Zillow Home Value Index and Zillow Observed Rent Index, September 2026; income needed and listing data). 30-year mortgage rate: Freddie Mac PMMS. Figures are for the Idaho Falls, ID metro area. How we calculate.