Franklin County, Idaho Housing Market
In Franklin County, Idaho, the median home value is $372,600, with a median monthly rent of $894. This places Franklin County at #359 nationally out of 3134 counties by median home value, and #15 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: $928
- Establishments: 532
- BLS QCEW, 2025
Housing Supply
- Single-family: 64
- Multi-family: 0
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 5,485 (avg $71,222)
- Outflow: 5,057 (avg $69,710)
- IRS Statistics of Income
📍 Sub-Market Activity
Top 1 active ZIP codes in Franklin County · Latest: 2025
| # | ZIP Code | HPI | YoY Change | Latest Year |
|---|---|---|---|---|
| 1 | 83263 | 358.0 | +1.03% | 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 Franklin County Compares
| Metric | Franklin County | Idaho Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $372,600 | $355,261 | $227,706 |
| Median Gross Rent | $894 | $968 | $968 |
| Owner Occupancy Rate | 78.1% | 75.2% | 73.3% |
| Price/Rent Ratio | 34.7 | 30.6 | 18.7 |
Market Analysis
The median home value in Franklin County is 4.9% above the Idaho state average and 63.6% above the U.S. national average. The median rent of $894/month is 7.6% below the state average.
With a price-to-rent ratio of 34.7, Franklin 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.
Franklin County has an owner-occupancy rate of 78.1%, 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 |
|---|---|---|---|
| Lincoln County | Wyoming | $372,600 | $960 |
| Custer County | South Dakota | $372,100 | $1,112 |
| Transylvania County | North Carolina | $373,600 | $967 |
| Providence County | Rhode Island | $373,600 | $1,312 |
| Hillsborough County | Florida | $371,500 | $1,667 |
Other Counties in Idaho
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Bonneville County | $368,800 | $1,133 | 71.7% |
| Adams County | $376,500 | $830 | 84.7% |
| Latah County | $368,600 | $929 | 58.7% |
| Custer County | $381,700 | $691 | 76.8% |
| Owyhee County | $359,800 | $821 | 72.6% |
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).