Bonneville County, Idaho Housing Market
In Bonneville County, Idaho, the median home value is $368,800, with a median monthly rent of $1,133. This places Bonneville County at #365 nationally out of 3134 counties by median home value, and #16 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: $974
- Establishments: 5,638
- BLS QCEW, 2025
Housing Supply
- Single-family: 713
- Multi-family: 506
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 48,158 (avg $92,225)
- Outflow: 44,848 (avg $93,751)
- IRS Statistics of Income
📍 Sub-Market Activity
Top 5 active ZIP codes in Bonneville County · Latest: 2025
| # | ZIP Code | HPI | YoY Change | Latest Year |
|---|---|---|---|---|
| 1 | 83427 | 292.6 | +1.59% | 2025 |
| 2 | 83406 | 343.4 | +5.45% | 2025 |
| 3 | 83401 | 341.2 | -0.83% | 2025 |
| 4 | 83442 | 355.9 | +4.66% | 2025 |
| 5 | 83404 | 317.6 | -0.98% | 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 Bonneville County Compares
| Metric | Bonneville County | Idaho Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $368,800 | $355,261 | $227,706 |
| Median Gross Rent | $1,133 | $968 | $968 |
| Owner Occupancy Rate | 71.7% | 75.2% | 73.3% |
| Price/Rent Ratio | 27.1 | 30.6 | 18.7 |
Market Analysis
The median home value in Bonneville County is 3.8% above the Idaho state average and 62.0% above the U.S. national average. The median rent of $1,133/month is 17.0% above the state average.
With a price-to-rent ratio of 27.1, Bonneville 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.
Bonneville County has an owner-occupancy rate of 71.7%, compared to 75.2% in Idaho and 73.3% nationally. This indicates a more renter-heavy market than the U.S. average.
Similar Counties by Home Value
| County | State | Median Home Value | Median Rent |
|---|---|---|---|
| Latah County | Idaho | $368,600 | $929 |
| Sussex County | New Jersey | $369,400 | $1,585 |
| Pend Oreille County | Washington | $367,900 | $855 |
| Merrimack County | New Hampshire | $367,600 | $1,360 |
| Wasco County | Oregon | $367,400 | $1,008 |
Other Counties in Idaho
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Latah County | $368,600 | $929 | 58.7% |
| Franklin County | $372,600 | $894 | 78.1% |
| Adams County | $376,500 | $830 | 84.7% |
| Owyhee County | $359,800 | $821 | 72.6% |
| Custer County | $381,700 | $691 | 76.8% |
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).