Power County, Idaho Housing Market

In Power County, Idaho, the median home value is $212,900, with a median monthly rent of $767. This places Power County at #1266 nationally out of 3134 counties by median home value, and #44 within Idaho.

Median Home Value $212,900
Median Rent $767/mo
Owner Occupancy 73.7%
Price/Rent Ratio 23.1

📈 Price Trend (2017 → 2024)

📊 Recent Market Momentum (FHFA HPI)

FHFA House Price Index — All-Transactions, Annual (2000 = 100) · Latest: 2025

💡 Year-over-Year Trend: Home prices in Power County rose +18.2% year-over-year as of 2025. (Source: FHFA)

📍 Economic Snapshot

💼

Employment & Wages

3,224
jobs (private sector)
  • Avg weekly wage: $1,172
  • Establishments: 243
  • BLS QCEW, 2025
🏗️

Housing Supply

5
new units authorized (2025)
  • Single-family: 5
  • Multi-family: 0
  • U.S. Census Bureau, Building Permits Survey
🚚

Migration Patterns

+106
net migration (filers, 2021-2022)
  • Inflow: 2,975 (avg $58,075)
  • Outflow: 2,869 (avg $57,619)
  • IRS Statistics of Income

How Power County Compares

MetricPower CountyIdaho AverageU.S. Average
Median Home Value $212,900 $355,261 $227,706
Median Gross Rent $767 $968 $968
Owner Occupancy Rate 73.7% 75.2% 73.3%
Price/Rent Ratio 23.1 30.6 18.7

Market Analysis

The median home value in Power County is 40.1% below the Idaho state average and 6.5% below the U.S. national average. The median rent of $767/month is 20.8% below the state average.

With a price-to-rent ratio of 23.1, renting is generally more cost-effective than buying in the short to medium term. The market favors buyers only for long-term holds.

Power County has an owner-occupancy rate of 73.7%, 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

CountyStateMedian Home ValueMedian Rent
Tangipahoa Parish Louisiana $212,900 $1,003
Ohio County Indiana $213,100 $898
Saguache County Colorado $212,600 $828
Eddy County New Mexico $212,600 $1,245
Bradford County Florida $212,500 $863

Other Counties in Idaho

CountyMedian Home ValueMedian RentOwner Occ.
Clark County $216,900 $773 61.3%
Butte County $217,600 $608 77.5%
Lewis County $225,300 $737 76.4%
Caribou County $241,500 $847 81.6%
Gooding County $250,900 $880 70.8%

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).