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City · 67,725 residents · Bonneville County, Idaho

Idaho Falls , Idaho

In Idaho Falls, a typical home is worth $335,500 and typical rent is $1,075 a month. Compared with all of Bonneville County, the typical home value is 9% lower, typical household income is 8% lower, and the share of households that own their home is 8 points lower.

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  • Typical home value

    $335,500

    9% below the county

    20% below Idaho

    • Idaho Falls
    • Bonneville
    • Idaho

  • Typical rent

    $1,075a month

    5% below the county

    13% below Idaho

    • Idaho Falls
    • Bonneville
    • Idaho

  • Typical household income

    $73,110a year

    8% below the county

    6% below Idaho

    • Idaho Falls
    • Bonneville
    • Idaho

  • Households that own their home

    64%

    8 points below the county

    8 points below Idaho

    • Idaho Falls
    • Bonneville
    • Idaho

Source: U.S. Census Bureau, Average 2020–2024

Market now, with Zillow data

Zillow data
Typical home value
$394,199
1.6% more than 12 months ago
Typical rent
$1,396 a month
1.4% more than 12 months ago

From Zillow (ZHVI/ZORI), September 2026. The Census figures above are 5-year averages (2020–2024).

Idaho Falls is in Bonneville County. The FHA loan limit ($541,287 for a one-unit home), the fair market rents and the help on this page are those of all of Bonneville County. See the county

Data updated: October 1, 2026 11 official sources

Only here

What sets Idaho Falls apart

What this place has that others do not, from public data, most unusual first.

  1. Nearby, in Blackfoot, the typical rent is $839: 22% less than in Idaho Falls ($1,075).

  2. Nearby, in Blackfoot, the typical home value is $262,500: 22% less than in Idaho Falls ($335,500).

  3. 64% of households in Idaho Falls own their home, against 72% in Bonneville County.

Sources: U.S. Census Bureau (Average 2020–2024).

The homes here

Housing in Idaho Falls

What homes there are in Idaho Falls, what they cost, how that changed and how people live, from Census figures (2020–2024).

What homes there are

U.S. Census Bureau, ACS 5-year, 2020–2024

Kind of home

Detached houses are the majority in Idaho Falls (64%), but less so than in Bonneville County (70%).

Year built

The typical home in Idaho Falls was built in 1977, 8 years before the typical one in Bonneville County.

There are fewer big homes in Idaho Falls than in Bonneville County: 63% have 3 bedrooms or more, against 71%.

All homes, occupied or empty. A figure the Census cannot measure precisely enough here is not shown.

Census tables: B25024, B25034, B25035, B25041

What it costs here

U.S. Census Bureau, ACS 5-year, 2020–2024

Value of owner-occupied homes

The FHA loan limit for Bonneville County is $541,287, and about 87% of owner-occupied homes in Idaho Falls are worth less than that.

Monthly rent with utilities

Measured against HUD's 2-bedroom fair market rent ($1,274), about 63% of rented homes in Idaho Falls cost less.

With a mortgage

$1,570 a month

Bonneville County: $1,591 a month

Without a mortgage

$472 a month

Bonneville County: $474 a month

Owners with a mortgage

64%

Bonneville County: 65%

In Idaho Falls, 64% of owners have a mortgage; their typical cost is $1,570 a month, about the same as in Bonneville County.

Value: what owners think their home is worth. Rent: rent plus utilities, for homes of every size. The FHA limit is the most an FHA loan (Federal Housing Administration) lends for a one-unit home; the fair market rent (FMR) is the one HUD uses for housing vouchers.

Census tables: B25075, B25063, B25088, B25081

How it changed

U.S. Census Bureau, ACS 5-year, 2015–2019 and 2020–2024

Change since 2015–2019

Much as in Bonneville County, the typical home value in Idaho Falls rose 104% since 2015–2019.

Rents in Idaho Falls rose at about the same pace as in Bonneville County: 39% since 2015–2019, against 38%.

To compare: typical income in Idaho Falls rose 38%; the home, +104%; the rent, +39%.

Change between two 5-year periods that do not overlap, in each period's dollars, not adjusted for inflation.

Census tables: B25077, B25064, B19013

How people live

U.S. Census Bureau, ACS 5-year, 2020–2024

MeasureIdaho FallsBonneville CountyIdahoUnited States
Rental vacancy 4.4%3.8%3.9%5.5%
Homeowner vacancy Unreliable estimateUnreliable estimate0.7%0.9%
More than one person per room 2.6%3.2%3.1%3.4%
People per household 2.682.902.642.53
Drive alone 74%74%73%69%
Carpool 11%10%9%9%
Public transit 3%2%1%3%
Walk or bike 2%2%3%3%
Work from home 10%10%13%15%
Other means Unreliable estimate1%1%2%
Typical commute 10 to 19 minutes10 to 19 minutes10 to 19 minutes20 to 29 minutes

In Idaho Falls, the rental vacancy rate is 4.4%, about the same as in Bonneville County.

More than one person per room: that is how 2.6% of households in Idaho Falls live, near the figure in Bonneville County (3.2%).

On average, a household in Idaho Falls has 2.68 people, fewer than in Bonneville County (2.90).

The car rules in Idaho Falls: 74% of workers drive to work alone, and the typical trip takes 10 to 19 minutes.

Vacancy: empty homes offered for rent or for sale. Rooms: every room in the home, not only bedrooms. Commute: the minute range of the typical worker.

Census tables: B25004, B25003, B25014, B25010, B08301, B08303

Do the math

What would you pay each month for a home in Idaho Falls?

A typical home costs more than the typical income allows

We start with a typical home in Idaho Falls, worth $335,500, an FHA loan with 3.5% down and the latest average rate (7.18%). That payment would take 44% of the typical household income in Idaho Falls, which is $73,110 a year. For that payment to be 28% of income, a household would need to earn about $114,941 a year.

The calculator's FHA and conventional loan limits are those of all of Bonneville County.

Your numbers

Local data
$

Starts at the typical home value in Idaho Falls. Change it to the price you have in mind.

Loan type
Your credit score

Your score changes which loans apply and FHA's minimum down payment. Your real rate also depends on your credit.

Down payment
%

That is $11,743 (3.5% of the price). The usual minimum for this loan is 3.5%.

This week's average ± a quarter or half point.

Term

National average as of November 5, 2026 (Freddie Mac); your rate may be different.

Adjust advanced details

Estimated monthly payment

Local data

$2,682

at 7.18% · 30 years

Loan amount
$329,423
Total interest
$473,962
Paid off in
November 2056

Includes $5,666 FHA upfront mortgage insurance premium.

Does it fit the income?

  • Comfortable

    up to $1,706 a month

  • Tight

    $1,706 to $2,193 a month

  • Hard

    more than $2,193 a month

    Your payment · 44%

Compared with the typical household income in Idaho Falls ($73,110 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.

Show the result as
per month$2,682
Principal & interest$2,232
Property tax$162
Home insurance$140
FHA mortgage insurance (MIP)$148

You need at least $11,743 for the down payment, plus closing costs.

Next step

This is an estimate to give you an idea, not a loan offer. Your real payment depends on your rate, your credit, and the insurance and taxes on the home you buy.

The city and its county

Idaho Falls and Bonneville County

Idaho Falls is in Bonneville County, Idaho. The U.S. Census Bureau publishes its own numbers for the city: home values, rent, household income, how many households own their home and the property tax. They are American Community Survey estimates (average 2020–2024).

Idaho Falls's own numbers

Typical home value
$335,500
Typical monthly rent
$1,075
Typical yearly household income
$73,110
Households that own their home
64%
Effective property tax rate
0.58%

U.S. Census Bureau, American Community Survey (average 2020–2024).

Numbers for all of Bonneville County

FHA limit, one-unit home
$541,287
Conventional limit, one unit
$832,750
HUD fair market rent, 2 bedrooms
$1,274
Price change over 5 years (FHFA)
+52%

HUD, FHFA and FEMA don't publish these numbers by city.

Other numbers are not published by city, only for the whole county: FHA and conventional loan limits, HUD’s fair market rents, FHFA’s price index and FEMA’s flood data. On this page, those numbers always say they are for all of Bonneville County.

Everything about Bonneville County

Buying

Buying a home in Idaho Falls

A typical home in Idaho Falls is worth $335,500: 9% below the county and 20% below Idaho. With the typical household income in Idaho Falls ($73,110 a year), a typical home costs 4.6 times what the household earns in a year.

Years of income to pay for a typical home

The typical home value divided by the typical household income for one year. The lower it is, the less buying weighs.

  • Idaho Falls 4.6 years
  • Bonneville 4.7 years
  • Idaho 5.4 years
  • United States 4.1 years
Source: U.S. Census Bureau, Average 2020–2024

How prices have changed in Bonneville County

According to FHFA’s house price index, home prices in Bonneville County rose 147% in the 10 years through 2025.

FHFA does not publish this index by city: these are the numbers for all of Bonneville County.

Period County Idaho U.S.
Last year (2025) +0.9% +2.3% +2.9%
5 years (2020–2025) +52% +57% +47%
10 years (2015–2025) +147% +149% +85%

The index follows the price of the same homes over time (sales and appraisals with Fannie Mae and Freddie Mac loans). It is not the average price of a home. FHFA considers its annual county indexes experimental. Source: FHFA, 2025 data

Idaho Falls next to Bonneville County, Idaho and the U.S.

Three numbers side by side. “Typical” means the median: half are above it and half below.

Typical home value
  • Idaho Falls $335,500
  • Bonneville $368,800
  • Idaho $418,600
  • United States $332,700
Typical monthly rent
  • Idaho Falls $1,075
  • Bonneville $1,133
  • Idaho $1,238
  • United States $1,413
Typical yearly household income
  • Idaho Falls $73,110
  • Bonneville $79,068
  • Idaho $77,800
  • United States $80,734
See the full table
Idaho Falls next to Bonneville County and Idaho
Measure Idaho Falls Bonneville County Idaho U.S.
Typical home value $335,500 $368,800 $418,600 $332,700
Typical monthly rent $1,075 $1,133 $1,238 $1,413
Typical yearly household income $73,110 $79,068 $77,800 $80,734
Households that own their home 64% 72% 72% 65%
Typical yearly property tax $1,956 $1,858 $2,038 $3,119
Effective property tax rate 0.58% 0.5% 0.49% 0.94%
Renters with high rent for their income 42% 39% 47% 51%

“Typical” means the median: half are above and half are below. ▲ and ▼ say whether the city is above or below Bonneville County. “High rent” is the Census measure: renter households that pay 30% or more of their income in rent.

Four ways to pay for a typical home in Idaho Falls

For a typical $335,500 home in Idaho Falls, at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, Idaho Falls's typical property tax, an example home insurance and mortgage insurance when it applies.

  • FHA, 3.5% down $2,682a month

    Least cash to close
    Down payment
    $11,743
    Cash to close
    $21,808
    Rate
    7.18%
    Mortgage insurance
    FHA MIP · $148

  • Conventional, 5% down $2,620a month

    Down payment
    $16,775
    Cash to close
    $26,840
    Rate
    7.18%
    Mortgage insurance
    PMI · $159

  • Conventional, 20% down, no PMI $2,120a month

    Down payment
    $67,100
    Cash to close
    $77,165
    Rate
    7.18%
    Mortgage insurance
    None

  • ITIN, 15% down (example) $2,430a month

    Down payment
    $50,325
    Cash to close
    $60,390
    Rate
    8.18%
    Mortgage insurance
    None

The option that asks for the least cash to close is FHA, 3.5% down.

  • Cash to close = down payment plus 3% of the price in closing costs (example).
  • Minimum score: FHA requires 580 or higher for the minimum down payment (HUD Handbook 4000.1). * Fannie Mae requires 620 when a loan is underwritten by hand; its automated system has no fixed minimum.
  • The ITIN row is an example with a rate 1 percentage point higher: ITIN loans follow no federal rule and each lender sets its own down payment and rate. Nothing in this table promises an approval.

How much house can I afford? Estimate closing costs

Taxes and floods

Two costs that change from place to place

Property tax and flood insurance raise or lower what you pay each month. Here are the numbers for Idaho Falls and for Bonneville County.

Property tax

Effective rate in Idaho Falls

0.58%of the home’s value each year

$1,956 a year for the typical owner in Idaho Falls.

  • Idaho Falls 0.58%
  • Bonneville 0.5%
  • Idaho 0.49%

What Idaho publishes Homeowner’s exemption (Idaho State Tax Commission)

Exemptions and deadlines in Idaho

Flood risk in Bonneville County

FEMA does not publish these numbers by city: they are for all of Bonneville County.

FEMA’s maps count no homes in the high-risk zone in Bonneville County. That does not mean it cannot flood: check your address.

Most homeowners insurance policies do not cover flood damage.

Look up your address on FEMA’s map

Renting

Renting in Idaho Falls

Typical rent in Idaho Falls is $1,075 a month: 5% below the county. In Idaho Falls, 42% of renter households pay 30% or more of their income in rent.

HUD publishes a fair market rent for all of Bonneville County, by unit size. To pay the 2-bedroom one ($1,274 a month) without spending more than 30% of your income, you would need to earn $24.50 an hour working full time.

HUD fair market rent for all of Bonneville County

What you need to earn to pay it without spending more than 30% of income, working full time.

Size Fair rent a month Hourly wage Yearly income
Studio $1,013 $19.48 $40,520
1 bedroom $1,064 $20.46 $42,560
2 bedrooms $1,274 $24.50 $50,960
3 bedrooms $1,764 $33.92 $70,560
4 bedrooms $2,129 $40.94 $85,160

Includes basic utilities. It isn't the lowest or highest rent: it's a reference point. Source: HUD, Fiscal year 2027

By ZIP code

Fair market rent by ZIP code in Idaho Falls

HUD also publishes a fair market rent for each ZIP code (Small Area FMR, fiscal year 2027). Idaho Falls has 3 ZIP codes with their own.

For 2 bedrooms it runs from $1,180 in 83402 to $1,290 in 83401.

1 of the 3 is above the fair market rent for Bonneville County ($1,274).

  • 83401 $1,290$1,790
  • 83402 $1,180$1,640
  • 83404 $1,190$1,650

3 of these ZIP codes cross the city line: HUD sets the rent by ZIP code, not by city. A ZIP code counts for Idaho Falls when at least 50% of its land is inside the city or it covers at least 15% of the city (Census 2020 boundaries). Source: Small Area Fair Market Rents (HUD) Fiscal year 2027 Small Area Fair Market Rents (HUD) Source: Census Bureau ZCTA-to-place relationship file Data from 2020 data Census Bureau ZCTA-to-place relationship file

Is your rent high for your ZIP?

Low-income apartments

Low-income apartments in Idaho Falls

HUD lists 17 buildings with rents for lower incomes in Idaho Falls. These are the largest.

  • Buttes at Idaho Falls (THE) 555 Old Buttes Road, Idaho Falls 83402 80 homes, 79 low-income · 2 bd: 40 · 3 bd: 40 · In service since 2007 · For families
  • Sandcreek Apartments 1250 Ashment Ave, Idaho Falls 83404 73 homes, 72 low-income · For families (208) 522-6500
  • Summerhill 965 Hoopes Ave, Idaho Falls 83404 80 homes, 71 low-income · 2 bd: 32 · 3 bd: 48 · In service since 2010 · For families
  • Chelsea Court 2235 12th St, Idaho Falls 83404 66 homes, 65 low-income · Studio: 6 · 1 bd: 6 · 2 bd: 30 · 3 bd: 24 · In service since 1996 · For families
  • Aspen Park 1440 Elizabeth Cir, Idaho Falls 83404 72 homes, 58 low-income · 2 bd: 7 · 3 bd: 65 · In service since 1994 · For families

See all 19 buildings in Bonneville County Source: HUD, Retrieved November 6, 2026

Free help

Help to buy or rent in Idaho Falls

You do not have to do this alone. A HUD-approved housing counseling agency helps for free or at low cost: getting ready to buy, understanding your credit, or solving a problem with your rent.

There is 1 HUD-approved agency with an office in Bonneville County; 1 says it serves in Spanish.

A young woman and a young man point to a line in their notes beside a laptop in a library.

HUD counseling is free or low-cost

Assistance programs in Idaho Falls

No down payment, repair or rent-help program on our list is for Idaho Falls or Bonneville County. The ones below are statewide in Idaho: they work in Idaho Falls the same as in the rest of the state.

Which programs do I qualify for? All programs in Idaho

Housing counselors near Idaho Falls

The HUD-approved agencies closest to the center of Idaho Falls, in a straight line, nearest first. If one says it serves in Spanish, its card says so.

  • Idaho Housing and Finance Assocation--Idaho Falls Branch Office

    1235 Jones St, Idaho Falls · 2 miles away · Spanish

    • Mortgage delinquency and default
    • Homelessness services
    • and 4 more
    (866) 684-3756

  • Pocatello Neighborhood Housing Services, Inc DBA Neighborworks Pocatello

    206 N Arthur Ave, Pocatello · 48 miles away

    • Mortgage delinquency and default
    • Budget and financial counseling
    • and 8 more
    (208) 232-9468

  • Idaho Housing and Finance Association--Twin Falls Branch Office

    841 Meadows Dr, Twin Falls · 139 miles away · Spanish

    • Mortgage delinquency and default
    • Homelessness services
    • and 4 more
    (866) 234-3435

Every agency in Bonneville County All counseling agencies in Idaho

Help in Spanish near Idaho Falls

2 of the 3 agencies on this list say they serve in Spanish.

Ask for service in Spanish

When you call, say “Spanish, please” or ask if someone speaks Spanish. If not, ask whether they offer an interpreter.

Housing authorities of Idaho Falls

HUD lists no housing authority with an office in Bonneville County. One in a neighboring county or the state’s may serve the area.

All housing agencies in Idaho Source: HUD

Cities

Other cities in Bonneville County

These cities are also in Bonneville County. They share its loan limits and fair market rents, but home values and rent change from one to the next.

Everything about Bonneville County Housing in Idaho

Nearby cities

The cities closest to Idaho Falls, with the typical home value.

Neighboring counties

If Bonneville County is out of reach, look next door. Each number is that county's own.

Keep going

Guides for your next step

Short explanations, in plain language and with official sources, for buying or renting in Idaho Falls.

All guides
A mother and her daughters smile together on a mountain trail with a snowy peak behind them.

Questions

Housing questions about Idaho Falls

Short answers with the numbers for Idaho Falls and all of Bonneville County. If your case is different, a HUD-approved counseling agency can guide you for free or at low cost.

How much does a typical home cost in Idaho Falls?

The typical home value in Idaho Falls is $335,500, according to the U.S. Census Bureau (average 2020–2024). For comparison, in Bonneville County it is $368,800.

How much does it cost to rent in Idaho Falls?

Typical rent in Idaho Falls is $1,075 a month, according to the U.S. Census Bureau. HUD’s fair market rent for 2 bedrooms in Bonneville County is $1,274.

What is the FHA loan limit in Idaho Falls?

Idaho Falls uses the FHA limit for all of Bonneville County (2026): $541,287 for a one-unit home and $1,041,125 for a four-unit home.

How much property tax do owners pay in Idaho Falls?

The typical homeowner in Idaho Falls pays $1,956 a year, according to the U.S. Census Bureau. That is 0.58% of the home’s value; in Bonneville County, the rate is 0.5%.

Where can I find free help to buy or rent in Idaho Falls?

There is 1 HUD-approved counseling agency with an office in Bonneville County. 1 says it serves in Spanish. They can help you get ready to buy, with your credit, or with rent.

Sources: American Community Survey (ACS) 5-year estimates (Average 2020–2024); FHA mortgage limits (HUD) (2026 data); Conforming loan limits (FHFA) (2026 data); Fair Market Rents (HUD) (Fiscal year 2027); Small Area Fair Market Rents (HUD) (Fiscal year 2027); Census Bureau ZCTA-to-place relationship file (2020 data); HUD-approved housing counseling agencies (Retrieved November 6, 2026); Public Housing Agencies (HUD) (Retrieved November 6, 2026); Freddie Mac Primary Mortgage Market Survey (PMMS) (As of November 5, 2026); FHFA House Price Index (HPI) (2025 data); Homes with flood insurance (NFIP, FEMA) (As of August 3, 2026).