Boundary County, Idaho Housing Market

In Boundary County, Idaho, the median home value is $410,500, with a median monthly rent of $877. This places Boundary County at #268 nationally out of 3134 counties by median home value, and #10 within Idaho.

Median Home Value $410,500
Median Rent $877/mo
Owner Occupancy 75.3%
Price/Rent Ratio 39.0

📈 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 Boundary County rose +1.7% year-over-year as of 2025. (Source: FHFA)

📍 Economic Snapshot

💼

Employment & Wages

2,949
jobs (private sector)
  • Avg weekly wage: $1,024
  • Establishments: 570
  • BLS QCEW, 2025
🏗️

Housing Supply

32
new units authorized (2025)
  • Single-family: 32
  • Multi-family: 0
  • U.S. Census Bureau, Building Permits Survey
🚚

Migration Patterns

+665
net migration (filers, 2021-2022)
  • Inflow: 5,502 (avg $72,476)
  • Outflow: 4,837 (avg $70,425)
  • IRS Statistics of Income

📍 Sub-Market Activity

Top 1 active ZIP codes in Boundary County · Latest: 2025

# ZIP Code HPI YoY Change Latest Year
1 83805 384.4 +2.20% 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 Boundary County Compares

MetricBoundary CountyIdaho AverageU.S. Average
Median Home Value $410,500 $355,261 $227,706
Median Gross Rent $877 $968 $968
Owner Occupancy Rate 75.3% 75.2% 73.3%
Price/Rent Ratio 39.0 30.6 18.7

Market Analysis

The median home value in Boundary County is 15.5% above the Idaho state average and 80.3% above the U.S. national average. The median rent of $877/month is 9.4% below the state average.

With a price-to-rent ratio of 39.0, Boundary 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.

Boundary County has an owner-occupancy rate of 75.3%, 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
Spokane County Washington $410,700 $1,283
Lincoln County Oregon $410,800 $1,201
Kane County Utah $410,900 $1,072
Talbot County Maryland $409,700 $1,256
Sarasota County Florida $411,800 $1,818

Other Counties in Idaho

CountyMedian Home ValueMedian RentOwner Occ.
Jefferson County $408,400 $1,138 83.0%
Madison County $414,800 $1,014 40.2%
Gem County $428,700 $1,038 76.0%
Canyon County $390,000 $1,347 75.5%
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).