Latah County, Idaho Housing Market
In Latah County, Idaho, the median home value is $368,600, with a median monthly rent of $929. This places Latah County at #366 nationally out of 3134 counties by median home value, and #17 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: $868
- Establishments: 1,350
- BLS QCEW, 2025
Housing Supply
- Single-family: 130
- Multi-family: 110
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 15,044 (avg $83,992)
- Outflow: 13,737 (avg $85,389)
- IRS Statistics of Income
📍 Sub-Market Activity
Top 3 active ZIP codes in Latah County · Latest: 2025
| # | ZIP Code | HPI | YoY Change | Latest Year |
|---|---|---|---|---|
| 1 | 83871 | 346.4 | -10.13% | 2025 |
| 2 | 83832 | 352.3 | +2.21% | 2025 |
| 3 | 83843 | 328.9 | +1.53% | 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.
🔗 Explore Latah County on Our Sister Sites
Get the complete picture for Latah County — financing options and ongoing ownership costs.
💰 Mortgage Guide → 🧾 Property Tax Data →How Latah County Compares
| Metric | Latah County | Idaho Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $368,600 | $355,261 | $227,706 |
| Median Gross Rent | $929 | $968 | $968 |
| Owner Occupancy Rate | 58.7% | 75.2% | 73.3% |
| Price/Rent Ratio | 33.1 | 30.6 | 18.7 |
Market Analysis
The median home value in Latah County is 3.8% above the Idaho state average and 61.9% above the U.S. national average. The median rent of $929/month is 4.0% below the state average.
With a price-to-rent ratio of 33.1, Latah 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.
Latah County has an owner-occupancy rate of 58.7%, 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 |
|---|---|---|---|
| Bonneville County | Idaho | $368,800 | $1,133 |
| Pend Oreille County | Washington | $367,900 | $855 |
| Sussex County | New Jersey | $369,400 | $1,585 |
| 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. |
|---|---|---|---|
| Bonneville County | $368,800 | $1,133 | 71.7% |
| 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).