Owyhee County, Idaho Housing Market
In Owyhee County, Idaho, the median home value is $359,800, with a median monthly rent of $821. This places Owyhee County at #384 nationally out of 3134 counties by median home value, and #18 within Idaho.
📈 Price Trend (2017 → 2024)
ℹ️ FHFA HPI data is not available for this county due to limited mortgage transaction volume.
📍 Economic Snapshot
Employment & Wages
- Avg weekly wage: $985
- Establishments: 336
- BLS QCEW, 2025
Housing Supply
- Single-family: 36
- Multi-family: 0
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 4,703 (avg $63,719)
- Outflow: 4,350 (avg $62,027)
- IRS Statistics of Income
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| Metric | Owyhee County | Idaho Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $359,800 | $355,261 | $227,706 |
| Median Gross Rent | $821 | $968 | $968 |
| Owner Occupancy Rate | 72.6% | 75.2% | 73.3% |
| Price/Rent Ratio | 36.5 | 30.6 | 18.7 |
Market Analysis
The median home value in Owyhee County is 1.3% above the Idaho state average and 58.0% above the U.S. national average. The median rent of $821/month is 15.2% below the state average.
With a price-to-rent ratio of 36.5, Owyhee 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.
Owyhee County has an owner-occupancy rate of 72.6%, 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 |
|---|---|---|---|
| Whitman County | Washington | $359,600 | $1,049 |
| Plumas County | California | $360,200 | $1,194 |
| Henrico County | Virginia | $359,200 | $1,541 |
| Sanders County | Montana | $359,000 | $820 |
| Wright County | Minnesota | $358,900 | $1,288 |
Other Counties in Idaho
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Latah County | $368,600 | $929 | 58.7% |
| Bonneville County | $368,800 | $1,133 | 71.7% |
| Franklin County | $372,600 | $894 | 78.1% |
| Adams County | $376,500 | $830 | 84.7% |
| 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 2026-10-14. The price-to-rent ratio is calculated as Median Home Value ÷ (Median Monthly Rent × 12).