Payette County, Idaho Housing Market
In Payette County, Idaho, the median home value is $341,800, with a median monthly rent of $860. This places Payette County at #456 nationally out of 3134 counties by median home value, and #19 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: $1,021
- Establishments: 838
- BLS QCEW, 2025
Housing Supply
- Single-family: 157
- Multi-family: 24
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 10,192 (avg $72,719)
- Outflow: 9,322 (avg $72,361)
- IRS Statistics of Income
📍 Sub-Market Activity
Top 4 active ZIP codes in Payette County · Latest: 2025
| # | ZIP Code | HPI | YoY Change | Latest Year |
|---|---|---|---|---|
| 1 | 83619 | 335.8 | -3.95% | 2025 |
| 2 | 83661 | 344.5 | -1.84% | 2025 |
| 3 | 97913 | 332.3 | +5.76% | 2025 |
| 4 | 83655 | 388.8 | +0.82% | 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 Payette County Compares
| Metric | Payette County | Idaho Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $341,800 | $355,261 | $227,706 |
| Median Gross Rent | $860 | $968 | $968 |
| Owner Occupancy Rate | 74.5% | 75.2% | 73.3% |
| Price/Rent Ratio | 33.1 | 30.6 | 18.7 |
Market Analysis
The median home value in Payette County is 3.8% below the Idaho state average and 50.1% above the U.S. national average. The median rent of $860/month is 11.2% below the state average.
With a price-to-rent ratio of 33.1, Payette 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.
Payette County has an owner-occupancy rate of 74.5%, 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 |
|---|---|---|---|
| Del Norte County | California | $342,000 | $1,233 |
| Morgan County | Georgia | $342,300 | $1,108 |
| Door County | Wisconsin | $342,600 | $1,086 |
| Fayette County | Tennessee | $340,800 | $902 |
| Winchester city | Virginia | $343,000 | $1,315 |
Other Counties in Idaho
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Twin Falls County | $337,900 | $1,089 | 70.5% |
| Nez Perce County | $334,700 | $1,015 | 70.4% |
| Lemhi County | $326,100 | $754 | 79.3% |
| Owyhee County | $359,800 | $821 | 72.6% |
| Elmore County | $316,500 | $1,243 | 65.6% |
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).