Idaho (ID) Average Rent Prices 2023

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Average Rent Prices in Idaho (ID)

$6961

Studio

$8021

1BR

$1,0201

2BR

$1,4351

3BR

$1,7031

4BR

As of 2023, the overall average fair market rent for a residential rental property in Idaho is $1,131. Average rent prices in Idaho sit below the national average rent of $1,274, in which Idaho ranks as the as the 25th lowest rent among all 50 states and the 26th highest rent among all 50 states within the United States. In Idaho’s large metropolitan areas such as Boise, ID, the average rent prices tend to be higher, while alternative areas such as Idaho Falls, ID, can provide more affordable options.

1Based on average of Fair Market Rents (FMRs) for 0-4 bedroom residential rental units throughout the United States, excluding Puerto Rico.

Rent Rankings

26th

Highest Rent Among 50 States

25th

Lowest Rent Among 50 States

Below

The National Rent Average

Definitions

Studio – A one-room unit with a private bathroom.

1BR – A unit that has a separate bathroom and a separate bedroom.

2BR – A unit that has two separate and distinct bedrooms.

3BR – A unit that has 3 separate and distinct bedrooms.

4BR – A unit that has 4 separate and distinct bedrooms.

Fair Market Rent – Gross rent estimate for a standard rental unit in a given market.

Average Rent Prices in Idaho (ID) Visual Chart

Average Rent Prices in Idaho (ID) by Metro Area

wdt_ID Metro Studio 1BR 2BR 3BR 4BR
1 Boise City, ID HUD Metro FMR Area 929 1.059 1.310 1.841 2.159
2 Butte County, ID HUD Metro FMR Area 620 742 913 1.294 1.555
3 Coeur d'Alene, ID MSA 838 1.007 1.228 1.745 2.092
4 Gem County, ID HUD Metro FMR Area 770 822 1.082 1.447 1.635
5 Idaho Falls, ID HUD Metro FMR Area 670 796 979 1.391 1.668
6 Jerome County, ID HUD Metro FMR Area 666 757 996 1.391 1.647
7 Lewiston, ID-WA MSA 674 784 1.008 1.433 1.717
8 Logan, UT-ID MSA 629 748 932 1.325 1.588
9 Pocatello, ID HUD Metro FMR Area 599 681 896 1.273 1.526
10 Power County, ID HUD Metro FMR Area 585 665 875 1.244 1.490
11 Twin Falls County, ID HUD Metro FMR Area 671 762 1.003 1.401 1.659
Metro Studio 1BR 2BR 3BR 4BR

Based on average of Fair Market Rents (FMRs) for 0-4 bedroom residential rental units throughout United States excluding Puerto Rico for calendar year 2023.

Methodology

Areas with insufficient inventory or populations less than 25,000 were excluded from this analysis. Averages are based on the combined average of 0-4 bedroom residential rental properties throughout the United States excluding Puerto Rico.

Data

Rent prices are based on aggregated data from one and/or several sources noted below:

Disclaimer

The information included is used for illustrative purposes only. The data contained herein does not constitute financial, legal, or any material advice. Data is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals before making any material decisions.

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Average Rent Prices in Other US States 2023

AL AK AZ AR CA CO CT DE FL GA HI ID IL IN IA KS KY LA ME MD MA MI MN MS MO MT NE NV NH NJ NM NY NC ND OH OK OR PA RI SC SD TN TX UT VT VA WA WV WI WY DC

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