Este sitio también está en español. Leer en español

City · 40,543 residents · Madison County, Idaho

Rexburg , Idaho

In Rexburg, a typical home is worth $395,100 and typical rent is $1,004 a month. Compared with all of Madison County, typical household income is 16% lower and the share of households that own their home is 17 points lower.

Rexburg in numbers

  • Typical home value

    $395,100

    5% below the county

    6% below Idaho

    • Rexburg
    • Madison
    • Idaho
  • Typical rent

    $1,004a month

    About the same as the county

    19% below Idaho

    • Rexburg
    • Madison
    • Idaho
  • Typical household income

    $50,617a year

    16% below the county

    35% below Idaho

    • Rexburg
    • Madison
    • Idaho
  • Households that own their home

    23%

    17 points below the county

    49 points below Idaho

    • Rexburg
    • Madison
    • Idaho

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

Market now, with Zillow data

Zillow data
Typical home value
$430,949
5.4% more than 12 months ago
Typical home value from Zillow, September 2021 to September 2026: from $362,481 to $430,949.
Typical rent
$1,155 a month
1.1% more than 12 months ago
Typical rent from Zillow, September 2021 to September 2026: from $945 to $1,155.

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

Rexburg is in Madison 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 Madison County. See the county

Data updated: October 1, 2026 11 official sources

Only here

What sets Rexburg apart

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

  1. Rexburg has the lowest homeownership rate of the 36 cities in Idaho with more than 5,000 people: 23%.

  2. Rexburg has the 2nd lowest typical household income of the 36 cities in Idaho with more than 5,000 people ($50,617).

  3. Nearby, in Blackfoot, the typical home value is $262,500: 34% less than in Rexburg ($395,100).

  4. Nearby, in Blackfoot, the typical rent is $839: 16% less than in Rexburg ($1,004).

  5. According to Zillow, in the 12 months to September 2026 the typical home value in Rexburg rose 5.4%; in Idaho, it rose 2.2%.

Sources: U.S. Census Bureau (Average 2020–2024); Zillow (September 2026 data). Zillow data

The homes here

Housing in Rexburg

What homes there are in Rexburg, 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
Kind of home: Rexburg and its comparisons
MeasureRexburgMadison CountyIdahoUnited States
Detached house 22%39%74%61%
Attached house 5%4%4%6%
Building of 2 to 4 15%12%7%8%
Apartments (5 or more) 57%41%9%19%
Mobile home 2%4%7%6%
Boat, RV and other Unreliable estimateUnreliable estimate0%0%

There are more apartments in Rexburg than in Madison County: 57% of homes, against 41%.

Year built
Year built: Rexburg and its comparisons
MeasureRexburgMadison CountyIdahoUnited States
Before 1960 5%8%17%26%
1960–1979 17%20%22%24%
1980–1999 15%17%25%25%
2000–2009 27%25%18%14%
2010 or later 37%31%18%11%

By age, homes in Rexburg look like those in Madison County: the typical year built is 2005.

There are fewer big homes in Rexburg than in Madison County: 41% have 3 bedrooms or more, against 53%.

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
Value of owner-occupied homes: Rexburg and its comparisons
MeasureRexburg
Under $100K Unreliable estimate
$100K–$200K Unreliable estimate
$200K–$300K 16%
$300K–$500K 51%
$500K–$750K 17%
$750K–$1M Unreliable estimate
$1M or more Unreliable estimate
Monthly rent with utilities
Monthly rent with utilities: Rexburg and its comparisons
MeasureRexburg
Under $500 Unreliable estimate
$500–$999 41%
$1,000–$1,499 42%
$1,500–$1,999 Unreliable estimate
$2,000–$2,499 Unreliable estimate
$2,500–$2,999 Unreliable estimate
$3,000 or more Unreliable estimate

With a mortgage

$1,606 a month

Madison County: $1,704 a month

Without a mortgage

$579 a month

Madison County: $530 a month

Owners with a mortgage

59%

Madison County: 59%

The typical cost for an owner with a mortgage in Rexburg is $1,606 a month, less than in Madison County ($1,704); without one, $579.

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
Change since 2015–2019: Rexburg and its comparisons
MeasureRexburgMadison CountyIdahoUnited States
Typical home value +87%+89%+97%+53%
Typical rent +40%+40%+45%+33%
Typical household income +63%+54%+40%+29%

Much as in Madison County, the typical home value in Rexburg rose 87% since 2015–2019.

Much as in Madison County, the typical rent in Rexburg rose 40% since 2015–2019.

The typical household income in Rexburg rose 63% over that time; home values changed +87% and rent +40%.

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

How people live: Rexburg and its comparisons
MeasureRexburgMadison CountyIdahoUnited States
Rental vacancy Unreliable estimateUnreliable estimate3.9%5.5%
Homeowner vacancy Unreliable estimateUnreliable estimate0.7%0.9%
More than one person per room 16.0%11.9%3.1%3.4%
People per household 3.093.242.642.53
Drive alone 54%58%73%69%
Carpool 13%12%9%9%
Public transit Unreliable estimate1%1%3%
Walk or bike 19%15%3%3%
Work from home 14%13%13%15%
Other means Unreliable estimateUnreliable estimate1%2%
Typical commute Unreliable estimate10 to 19 minutes10 to 19 minutes20 to 29 minutes

More than one person per room: that is how 16.0% of households in Rexburg live, more than in Madison County (11.9%).

Much as in Madison County, a household in Rexburg has 3.09 people on average.

Many here get to work on foot or by bike: 19%, more than in Madison County (15%).

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 Rexburg?

A typical home costs more than the typical income allows

We start with a typical home in Rexburg, worth $395,100, an FHA loan with 3.5% down and the latest average rate (7.18%). That payment would take 75% of the typical household income in Rexburg, which is $50,617 a year. For that payment to be 28% of income, a household would need to earn about $134,796 a year.

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

Your numbers

Local data
$

Starts at the typical home value in Rexburg. 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 $13,829 (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

$3,145

at 7.18% · 30 years

Loan amount
$387,943
Total interest
$558,159
Paid off in
November 2056

Includes $6,672 FHA upfront mortgage insurance premium.

Does it fit the income?

  • Comfortable

    up to $1,181 a month

  • Tight

    $1,181 to $1,519 a month

  • Hard

    more than $1,519 a month

    Your payment · 75%

Compared with the typical household income in Rexburg ($50,617 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.

Show the result as
per month$3,145
Monthly payment breakdown
Principal & interest$2,628
Property tax$178
Home insurance$165
FHA mortgage insurance (MIP)$175

You need at least $13,829 for the down payment, plus closing costs.

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.

Total monthly payment $3,145; principal and interest $2,628.

The city and its county

Rexburg and Madison County

Rexburg is in Madison 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).

Map of Madison County, Idaho, with Rexburg marked. Around it, the neighboring counties.

Rexburg's own numbers

Typical home value
$395,100
Typical monthly rent
$1,004
Typical yearly household income
$50,617
Households that own their home
23%
Effective property tax rate
0.54%

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

Numbers for all of Madison County

FHA limit, one-unit home
$541,287
Conventional limit, one unit
$832,750
HUD fair market rent, 2 bedrooms
$1,159
Price change over 5 years (FHFA)
+54%

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 Madison County.

Everything about Madison County

Buying

Buying a home in Rexburg

A typical home in Rexburg is worth $395,100: 5% below the county and 6% below Idaho. With the typical household income in Rexburg ($50,617 a year), a typical home costs 7.8 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.

  • Rexburg 7.8 years
  • Madison 6.9 years
  • Idaho 5.4 years
  • United States 4.1 years
Source: U.S. Census Bureau, Average 2020–2024

How prices have changed in Madison County

According to FHFA’s house price index, home prices in Madison County rose 116% in the 10 years through 2025.

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

Yearly change in FHFA’s price index in Madison County, 2016 to 2025
  1. 2020: +7.4%
  2. 2021: +19.8%
  3. 2022: +22.6%
  4. 2023: −0.8%
  5. 2024: +3.6%
  6. 2025: +2.1%
Change in FHFA’s price index in Madison County, Idaho and the United States
Period County Idaho U.S.
Last year (2025) +2.1% +2.3% +2.9%
5 years (2020–2025) +54% +57% +47%
10 years (2015–2025) +116% +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

Rexburg next to Madison 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
  • Rexburg $395,100
  • Madison $414,800
  • Idaho $418,600
  • United States $332,700
Typical monthly rent
  • Rexburg $1,004
  • Madison $1,014
  • Idaho $1,238
  • United States $1,413
Typical yearly household income
  • Rexburg $50,617
  • Madison $60,160
  • Idaho $77,800
  • United States $80,734
See the full table
Rexburg next to Madison County and Idaho
Measure Rexburg Madison County Idaho U.S.
Typical home value $395,100 5% below the county $414,800 $418,600 $332,700
Typical monthly rent $1,004 $1,014 $1,238 $1,413
Typical yearly household income $50,617 16% below the county $60,160 $77,800 $80,734
Households that own their home 23% 17 points below the county 40% 72% 65%
Typical yearly property tax $2,125 6% above the county $2,001 $2,038 $3,119
Effective property tax rate 0.54% 0.06 points above the county 0.48% 0.49% 0.94%
Renters with high rent for their income 50% 1 points above the county 49% 47% 51%

“Typical” means the median: half are above and half are below. ▲ and ▼ say whether the city is above or below Madison 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 Rexburg

For a typical $395,100 home in Rexburg, at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, Rexburg's typical property tax, an example home insurance and mortgage insurance when it applies.

  • FHA, 3.5% down $3,145a month

    Least cash to close
    Down payment
    $13,829
    Cash to close
    $25,682
    Rate
    7.18%
    Mortgage insurance
    FHA MIP · $175
  • Conventional, 5% down $3,073a month

    Down payment
    $19,755
    Cash to close
    $31,608
    Rate
    7.18%
    Mortgage insurance
    PMI · $188
  • Conventional, 20% down, no PMI $2,484a month

    Down payment
    $79,020
    Cash to close
    $90,873
    Rate
    7.18%
    Mortgage insurance
    None
  • ITIN, 15% down (example) $2,849a month

    Down payment
    $59,265
    Cash to close
    $71,118
    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 Rexburg and for Madison County.

Property tax

Effective rate in Rexburg

0.54%of the home’s value each year

$2,125 a year for the typical owner in Rexburg.

  • Rexburg 0.54%
  • Madison 0.48%
  • Idaho 0.49%

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

Exemptions and deadlines in Idaho

Flood risk in Madison County

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

FEMA’s maps count no homes in the high-risk zone in Madison 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 Rexburg

Typical rent in Rexburg is $1,004 a month: about the same as the county. In Rexburg, 50% of renter households pay 30% or more of their income in rent.

HUD publishes a fair market rent for all of Madison County, by unit size. To pay the 2-bedroom one ($1,159 a month) without spending more than 30% of your income, you would need to earn $22.29 an hour working full time.

HUD fair market rent for all of Madison County

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

HUD fair market rent in Madison County (Fiscal year 2027)
Size Fair rent a month Hourly wage Yearly income
Studio $1,022 $19.65 $40,880
1 bedroom $1,065 $20.48 $42,600
2 bedrooms $1,159 $22.29 $46,360
3 bedrooms $1,605 $30.87 $64,200
4 bedrooms $1,895 $36.44 $75,800

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 Rexburg

HUD also publishes a fair market rent for each ZIP code (Small Area FMR, fiscal year 2027). Rexburg has 2 ZIP codes with their own.

For 2 bedrooms it is $1,160 in all of them.

2 of the 2 are above the fair market rent for Madison County ($1,159).

  • 83440 $1,160$1,610
  • 83460 $1,160$1,610

1 of these ZIP codes crosses the city line: HUD sets the rent by ZIP code, not by city. A ZIP code counts for Rexburg 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) (external site) Source: Census Bureau ZCTA-to-place relationship file Data from 2020 data Census Bureau ZCTA-to-place relationship file (external site)

Is your rent high for your ZIP?

Low-income apartments

Low-income apartments in Rexburg

HUD lists 11 buildings with rents for lower incomes in Rexburg. These are the largest.

  • Main Street Station 438 W Main St, Rexburg 83440 68 homes, 67 low-income · 1 bd: 32 · 2 bd: 32 · 3 bd: 4 · In service since 2003 · For families
  • Village Community Gardens 121 N Center St, Rexburg 83440 50 homes, 49 low-income · For older adults (208) 356-6062
  • Grove @ Riverside 3111 N First Street East, Rexburg 83440 48 low-income homes · 2 bd: 36 · 3 bd: 12 · In service since 2015 · For families
  • Rockwell Court 820 W 7th S, Rexburg 83440 51 homes, 45 low-income · 2 bd: 10 · 3 bd: 37 · 4 bd: 4 · In service since 2013 · For families
  • Carlow Senior 420 E 7th N, Rexburg 83440 48 homes, 42 low-income · 1 bd: 32 · 2 bd: 16 · In service since 2016 · For older adults

See all 11 buildings in Madison County Source: HUD, Retrieved November 6, 2026

Free help

Help to buy or rent in Rexburg

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.

We found no HUD-approved agencies with an office in Madison County. The nearest ones are below; many serve by phone or online.

A pregnant woman reads paperwork on the sofa while the grandmother plays with the girl on the floor.

HUD counseling is free or low-cost

Assistance programs in Rexburg

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

Housing counselors near Rexburg

The HUD-approved agencies closest to the center of Rexburg, 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 · 24 miles away · Spanish

    • Mortgage delinquency and default
    • Homelessness services
    • and 4 more
  • Pocatello Neighborhood Housing Services, Inc DBA Neighborworks Pocatello

    206 N Arthur Ave, Pocatello · 74 miles away

    • Mortgage delinquency and default
    • Budget and financial counseling
    • and 8 more
  • Idaho Housing and Finance Association--Twin Falls Branch Office

    841 Meadows Dr, Twin Falls · 160 miles away · Spanish

    • Mortgage delinquency and default
    • Homelessness services
    • and 4 more

All counseling agencies in Idaho

Help in Spanish near Rexburg

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 Rexburg

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

All housing agencies in Idaho Source: HUD

Questions

Housing questions about Rexburg

Short answers with the numbers for Rexburg and all of Madison 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 Rexburg?

The typical home value in Rexburg is $395,100, according to the U.S. Census Bureau (average 2020–2024). For comparison, in Madison County it is $414,800.

How much does it cost to rent in Rexburg?

Typical rent in Rexburg is $1,004 a month, according to the U.S. Census Bureau. HUD’s fair market rent for 2 bedrooms in Madison County is $1,159.

What is the FHA loan limit in Rexburg?

Rexburg uses the FHA limit for all of Madison 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 Rexburg?

The typical homeowner in Rexburg pays $2,125 a year, according to the U.S. Census Bureau. That is 0.54% of the home’s value; in Madison County, the rate is 0.48%.

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

We found no HUD-approved counseling agencies with an office in Madison County; the nearest ones are on this page. 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).