Bonner County, Idaho Housing Market

In Bonner County, Idaho, the median home value is $487,900, with a median monthly rent of $1,122. This places Bonner County at #146 nationally out of 3134 counties by median home value, and #6 within Idaho.

Median Home Value $487,900
Median Rent $1,122/mo
Owner Occupancy 78.3%
Price/Rent Ratio 36.2

📈 Price Trend (2017 → 2024)

📊 Recent Market Momentum (FHFA HPI)

FHFA House Price Index — All-Transactions, Annual (2000 = 100) · Latest: 2025

💡 Year-over-Year Trend: Home prices in Bonner County rose +1.3% year-over-year as of 2025. (Source: FHFA)

📍 Economic Snapshot

💼

Employment & Wages

13,669
jobs (private sector)
  • Avg weekly wage: $1,021
  • Establishments: 2,426
  • BLS QCEW, 2025
🏗️

Housing Supply

207
new units authorized (2025)
  • Single-family: 102
  • Multi-family: 105
  • U.S. Census Bureau, Building Permits Survey
🚚

Migration Patterns

+2378
net migration (filers, 2021-2022)
  • Inflow: 20,938 (avg $105,478)
  • Outflow: 18,560 (avg $105,229)
  • IRS Statistics of Income

📍 Sub-Market Activity

Top 4 active ZIP codes in Bonner County · Latest: 2025

# ZIP Code HPI YoY Change Latest Year
1 83856 392.8 +0.93% 2025
2 83801 471.9 +1.34% 2025
3 83864 437.9 +1.97% 2025
4 83860 395.8 +2.54% 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.

How Bonner County Compares

MetricBonner CountyIdaho AverageU.S. Average
Median Home Value $487,900 $355,261 $227,706
Median Gross Rent $1,122 $968 $968
Owner Occupancy Rate 78.3% 75.2% 73.3%
Price/Rent Ratio 36.2 30.6 18.7

Market Analysis

The median home value in Bonner County is 37.3% above the Idaho state average and 114.3% above the U.S. national average. The median rent of $1,122/month is 15.9% above the state average.

With a price-to-rent ratio of 36.2, Bonner 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.

Bonner County has an owner-occupancy rate of 78.3%, 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

CountyStateMedian Home ValueMedian Rent
Charleston County South Carolina $489,100 $1,620
Charlottesville city Virginia $486,700 $1,540
St. Johns County Florida $489,200 $1,922
Chelan County Washington $490,100 $1,226
Chester County Pennsylvania $485,600 $1,763

Other Counties in Idaho

CountyMedian Home ValueMedian RentOwner Occ.
Boise County $476,100 $850 90.3%
Ada County $512,300 $1,577 70.8%
Kootenai County $518,700 $1,492 71.3%
Gem County $428,700 $1,038 76.0%
Madison County $414,800 $1,014 40.2%

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).