Housing in Idaho

Home prices, rents, supply and how affordable it is to live here.

FHFA House Price Index
851.8
2025 · FHFA all-transactions index
Median value of owner-occupied homes
$446,400
2024 · Census American Community Survey 1-year estimates
Rent of primary residence index (West region)
472.3
2025 · BLS CPI-U
Total housing units
832,052
2024 · Census American Community Survey 1-year estimates
New private housing units authorized
17,669
2025 · Census Building Permits Survey
Homeownership rate (CPS/HVS)
68.3%
2025 · Census Housing Vacancy Survey
Housing price level vs U.S. (RPP rents)
90
2024 · BEA Regional Price Parities
Rental vacancy rate
6.2%
2025 · Census Housing Vacancy Survey

Historical data

Pick an indicator to see its long-run evolution.

Median home value

1990–2024
$443,000▲ 664%

Census / Zillow ZHVI, nominal dollars.

Home Prices

Idaho's median home value of about $449,000 has climbed well above the national median in recent years.

FHFA House Price Index
851.8
2025 · FHFA all-transactions index
Median home value
$449,000
Rank
Above the national median
YoY change
+2%

FHFA House Price Index

1975–2025
851.8▲ 1093%

FHFA all-transactions index, annual average of quarters. Source: FHFA via FRED (IDSTHPI).

IndicatorIdahoU.S.
Median home value449000360000
  • •Boise, Idaho was one of the hottest housing markets in the country during the 2020-2022 pandemic-era boom.

Median Home Value

The median home value in Idaho is roughly $443,000 after a decade of rapid appreciation in the Boise area.

Median value of owner-occupied homes
$446,400
2024 · Census American Community Survey 1-year estimates
Median home value
$443,000
Rank
11th highest
Year-over-year change
+1.8%

Median value of owner-occupied homes

2008–2024
$446,400▲ 143%

Census American Community Survey 1-year estimates, B25077 (2020 not released).

IndicatorIdahoU.S.
Median home value (USD)443000340000
  • •Boise home prices more than doubled between 2015 and 2022.

Rent Prices

Idaho's median rent of about $1,300 a month is close to the national median after years of rapid increases.

Rent of primary residence index (West region)
472.3
2025 · BLS CPI-U
Median rent
$1,300 / month
Rank
Near national median
YoY change
+1%

Rent of primary residence index (West region)

2006–2025
472.3▲ 101%

BLS CPI-U, West region, annual average (CUUR0400SEHA).

IndicatorIdahoU.S.
Median rent (monthly)13001360

Housing Inventory

Idaho's housing inventory remains limited relative to demand, with about 7,000 active listings statewide.

Total housing units
832,052
2024 · Census American Community Survey 1-year estimates
Vacant housing units
9.7%
2024 · Census American Community Survey 1-year estimates
Active listings
~7,000
Months of supply
~3.0
Year
2024

Total housing units

2008–2024
832,052▲ 30%

Census American Community Survey 1-year estimates, B25001 (2020 not released).

Vacant housing units

2008–2024
9.7%

Census American Community Survey 1-year estimates, B25002 (2020 not released).

Building Permits

Idaho issued about 14,000 new housing permits in 2023, reflecting the state's rapid population growth.

New private housing units authorized
17,669
2025 · Census Building Permits Survey
Annual housing permits
~14,000
Single-family share
~65%
Year
2023

New private housing units authorized

1988–2025
17,669▲ 453%

Census Building Permits Survey, sum of 12 months (FRED IDBPPRIV).

Homeownership Rate

Idaho's homeownership rate of about 72.5% ranks among the highest of any U.S. state.

Homeownership rate (CPS/HVS)
68.3%
2025 · Census Housing Vacancy Survey
Homeownership rate
72.5%
Rank
Among the highest
U.S. average
65.6%

Homeownership rate (CPS/HVS)

1984–2025
68.3%

Census Housing Vacancy Survey, annual (FRED IDHOWN).

IndicatorIdahoU.S.
Homeownership rate72.565.6

Housing Affordability

Housing affordability in Idaho has declined sharply, with home prices now nearly six times median household income.

Housing price level vs U.S. (RPP rents)
90
2024 · BEA Regional Price Parities
Median home price to income ratio
5.8x
Share of income on housing
~35%
Affordability trend
Declining

Housing price level vs U.S. (RPP rents)

2008–2024
90▲ 11%

BEA Regional Price Parities, housing services (SARPP line 3).

IndicatorIdahoU.S.
Housing price level vs U.S. (RPP rents)2024, BEA Regional Price Parities90100

Vacancy Rate

Idaho's rental vacancy rate of about 5.5% is close to the national average.

Rental vacancy rate
6.2%
2025 · Census Housing Vacancy Survey
Homeowner vacancy rate
1.3%
2025 · Census Housing Vacancy Survey
Year
2023

Rental vacancy rate

1986–2025
6.2%

Census Housing Vacancy Survey, annual (FRED IDRVAC).

Homeowner vacancy rate

1986–2025
1.3%

Census Housing Vacancy Survey, annual (FRED IDHVAC).

More figures

Median home value
$443,000
Among the fastest-rising in the U.S.
Median monthly rent
$1,220
Homeownership rate
71.0%
Above the U.S. average
Total housing units
820,000
Vacancy rate
9.8%
Building permits
≈ 15,500
2023
Effective property tax
0.63%
Below the U.S. average