Butte County, Idaho Housing Market
In Butte County, Idaho, the median home value is $217,600, with a median monthly rent of $608. This places Butte County at #1214 nationally out of 3134 counties by median home value, and #42 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: $2,330
- Establishments: 126
- BLS QCEW, 2025
Housing Supply
- Single-family: 9
- Multi-family: 0
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 995 (avg $62,536)
- Outflow: 892 (avg $63,490)
- IRS Statistics of Income
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| Metric | Butte County | Idaho Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $217,600 | $355,261 | $227,706 |
| Median Gross Rent | $608 | $968 | $968 |
| Owner Occupancy Rate | 77.5% | 75.2% | 73.3% |
| Price/Rent Ratio | 29.8 | 30.6 | 18.7 |
Market Analysis
The median home value in Butte County is 38.7% below the Idaho state average and 4.4% below the U.S. national average. The median rent of $608/month is 37.2% below the state average.
With a price-to-rent ratio of 29.8, Butte 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.
Butte County has an owner-occupancy rate of 77.5%, 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 |
|---|---|---|---|
| Butler County | Kansas | $217,600 | $956 |
| Yuma County | Arizona | $217,800 | $993 |
| Floyd County | Georgia | $217,900 | $1,014 |
| Oxford County | Maine | $217,300 | $836 |
| Whitfield County | Georgia | $218,000 | $971 |
Other Counties in Idaho
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Clark County | $216,900 | $773 | 61.3% |
| Power County | $212,900 | $767 | 73.7% |
| Lewis County | $225,300 | $737 | 76.4% |
| Caribou County | $241,500 | $847 | 81.6% |
| Gooding County | $250,900 | $880 | 70.8% |
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).