Lemhi County, Idaho Housing Market
In Lemhi County, Idaho, the median home value is $326,100, with a median monthly rent of $754. This places Lemhi County at #504 nationally out of 3134 counties by median home value, and #22 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: $897
- Establishments: 409
- BLS QCEW, 2025
Housing Supply
- Single-family: 47
- Multi-family: 2
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 3,635 (avg $69,621)
- Outflow: 3,158 (avg $63,248)
- IRS Statistics of Income
📍 Sub-Market Activity
Top 1 active ZIP codes in Lemhi County · Latest: 2025
| # | ZIP Code | HPI | YoY Change | Latest Year |
|---|---|---|---|---|
| 1 | 83467 | 391.1 | -3.59% | 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.
📝 Editor's Insight
None
How Lemhi County Compares
| Metric | Lemhi County | Idaho Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $326,100 | $355,261 | $227,706 |
| Median Gross Rent | $754 | $968 | $968 |
| Owner Occupancy Rate | 79.3% | 75.2% | 73.3% |
| Price/Rent Ratio | 36.0 | 30.6 | 18.7 |
Market Analysis
The median home value in Lemhi County is 8.2% below the Idaho state average and 43.2% above the U.S. national average. The median rent of $754/month is 22.1% below the state average.
With a price-to-rent ratio of 36.0, Lemhi 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.
Lemhi County has an owner-occupancy rate of 79.3%, 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
| County | State | Median Home Value | Median Rent |
|---|---|---|---|
| Shelby County | Alabama | $326,100 | $1,401 |
| Paulding County | Georgia | $326,300 | $1,772 |
| Trinity County | California | $325,800 | $1,073 |
| Ramsey County | Minnesota | $326,600 | $1,329 |
| Asotin County | Washington | $325,600 | $1,043 |
Other Counties in Idaho
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Nez Perce County | $334,700 | $1,015 | 70.4% |
| Elmore County | $316,500 | $1,243 | 65.6% |
| Twin Falls County | $337,900 | $1,089 | 70.5% |
| Fremont County | $314,200 | $864 | 82.6% |
| Payette County | $341,800 | $860 | 74.5% |
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 2026-10-13. The price-to-rent ratio is calculated as Median Home Value ÷ (Median Monthly Rent × 12).