Bingham County, Idaho Housing Market
In Bingham County, Idaho, the median home value is $293,300, with a median monthly rent of $874. This places Bingham County at #662 nationally out of 3134 counties by median home value, and #29 within Idaho.
📈 Price Trend (2017 → 2024)
📊 Recent Market Momentum (FHFA HPI)
FHFA House Price Index — All-Transactions, Annual (2000 = 100) · Latest: 2025
📍 Economic Snapshot
Employment & Wages
- Avg weekly wage: $958
- Establishments: 1,442
- BLS QCEW, 2025
Housing Supply
- Single-family: 203
- Multi-family: 4
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 17,981 (avg $69,185)
- Outflow: 16,851 (avg $69,437)
- IRS Statistics of Income
📍 Sub-Market Activity
Top 6 active ZIP codes in Bingham County · Latest: 2025
| # | ZIP Code | HPI | YoY Change | Latest Year |
|---|---|---|---|---|
| 1 | 83236 | 393.6 | — | 2025 |
| 2 | 83210 | 397.7 | +24.58% | 2025 |
| 3 | 83211 | 351.3 | +14.51% | 2025 |
| 4 | 83274 | 386.0 | +6.32% | 2025 |
| 5 | 83221 | 360.2 | +4.37% | 2025 |
| 6 | 83402 | 357.3 | +2.90% | 2025 |
Source: FHFA HPI for Five-Digit ZIP Codes (All-Transactions Index, 2000 = 100).
This product uses FHFA Data but is neither endorsed nor certified by FHFA.
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💰 Mortgage Guide → 🧾 Property Tax Data →How Bingham County Compares
| Metric | Bingham County | Idaho Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $293,300 | $355,261 | $227,706 |
| Median Gross Rent | $874 | $968 | $968 |
| Owner Occupancy Rate | 80.5% | 75.2% | 73.3% |
| Price/Rent Ratio | 28.0 | 30.6 | 18.7 |
Market Analysis
The median home value in Bingham County is 17.4% below the Idaho state average and 28.8% above the U.S. national average. The median rent of $874/month is 9.7% below the state average.
With a price-to-rent ratio of 28.0, Bingham County is a strongly rent-favored market. Home prices are high relative to rents, meaning renting is typically far cheaper than owning in the near term.
Bingham County has an owner-occupancy rate of 80.5%, compared to 75.2% in Idaho and 73.3% nationally. This indicates a more homeowner-heavy market than the U.S. average.
Similar Counties by Home Value
| County | State | Median Home Value | Median Rent |
|---|---|---|---|
| Haines Borough | Alaska | $293,300 | $1,087 |
| Prince George County | Virginia | $293,400 | $1,594 |
| Benewah County | Idaho | $293,500 | $875 |
| Fayette County | Kentucky | $293,500 | $1,164 |
| Mason County | Texas | $293,600 | $800 |
Other Counties in Idaho
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Benewah County | $293,500 | $875 | 73.2% |
| Bannock County | $300,700 | $960 | 69.5% |
| Cassia County | $284,600 | $1,000 | 68.6% |
| Camas County | $304,000 | $1,000 | 80.0% |
| Washington County | $278,100 | $938 | 74.6% |
Data Source: U.S. Census Bureau, American Community Survey (ACS) 2024 5-Year Estimates (2017–2024). Variables: B25077 (Median Home Value), B25064 (Median Gross Rent), B25003 (Tenure). Data collected on 2026-10-14. The price-to-rent ratio is calculated as Median Home Value ÷ (Median Monthly Rent × 12).