Idaho Falls housing market
Typical home value
$408K
▲ 1.6% 1 yr
Typical rent
$1,434/mo
▲ 2.1% 1 yr
12-month forecast
+0.4%
#437 of 546 metros
Gross rent yield
4.2%
#492 of 546 · U.S. 6.3%
Days to pending
56 days
■ 0 days 1 yr
Listings with a price cut
29%
▼ −3.1 pts 1 yr
Key takeaways
- 1The typical home is worth $408,436, up 1.6% in a year and up 7% over five years.
- 2Zillow forecasts home values rising 0.4% over the next 12 months (U.S.: +1.1%).
- 3Typical rent is $1,434/mo (+2.1% YoY), a 4.2% gross yield, below the U.S. 6.3%.
- 4At 7.32% with 20% down, the typical home costs $2,245/mo in principal and interest, $811 more than renting.
- 5Homes go under contract in 56 days (0 days vs last year); 29% of listings have had a price cut.
Market temperature
Buyer's market
Buyer'sNeutralSeller's
Zillow Market Heat Index: 29/100, #457 hottest of 546 metros. Below 44 favors buyers; above 55 favors sellers.
Home values and rent
How fast homes are selling
For saleNew listings
Affordability
To buy (20% down)To rent
Source: Zillow Research (ZHVI, ZORI and market activity data).
How Idaho Falls compares
| Measure | Idaho Falls | United States | Rank of 546 |
|---|---|---|---|
| Home value, 1-yr change | +1.6% | +1.2% | #319 |
| Home value, 5-yr change | +6.9% | +19.7% | |
| 12-month forecast | +0.4% | +1.1% | #437 |
| Rent, 1-yr change | +2.1% | +2.7% | #387 |
| Gross rent yield | 4.2% | 6.3% | #492 |
| Price-to-rent ratio | 23.7 | 15.8 | |
| Mortgage P&I on typical home | $2,245 | $2,012 | |
| Income needed to buy | $104,146 | $100,902 | |
| Days to pending | 56 | 56 |
Cities in the Idaho Falls metro
2 cities with home value and rent data.
| Idaho Falls | $394K | ▲ 1.6% | $1,396 | ▲ 1.4% | 4.2% |
| Ammon | $417K | ▲ 2.0% | $1,619 | ▲ 4.0% | 4.7% |
Run the numbers
Rental property calculator
Cash flow on a typical Idaho Falls rental ($408K, $1,434/mo), pre-filled.
Mortgage calculator
Monthly payment on a typical Idaho Falls home.
Rent vs buy
Is it cheaper to rent or buy in Idaho Falls?
Other Idaho metros
Boise City, ID
$492K home$1,924 rent4.7% yield
▲ 1.7% 1 yr
Coeur d'Alene, ID
$606K home$1,825 rent3.6% yield
▲ 3.0% 1 yr
Twin Falls, ID
$383K home$1,559 rent4.9% yield
▲ 3.3% 1 yr
Pocatello, ID
$349K home$1,081 rent3.7% yield
▲ 1.8% 1 yr
Rexburg, ID
$442K home$1,160 rent3.1% yield
▲ 5.7% 1 yr
Blackfoot, ID
$385K home$1,066 rent3.3% yield
▲ 3.6% 1 yr
Moscow, ID
$475K home$1,287 rent3.2% yield
▲ 1.3% 1 yr
Gross yield = 12 × typical rent ÷ typical home value, before expenses. Mortgage estimate: 20% down, 30-year fixed at the current Freddie Mac average, principal and interest only. Forecast: Zillow Home Value Forecast. Data refreshed Oct 26, 2026.