Cost of Living in Bonneville County, Idaho

$1,054/mo
Median Monthly Rent
$327,000
Median Home Value

At a Glance

Median Monthly Rent
$1,054/mo
15% above state average
Median Home Value
$327,000
16% above national
Rent-to-Income Ratio
26.0%
% of income spent on rent

Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)

Affordability Rating
Unaffordable
Rent over 50% of income

How Bonneville County Compares

Median monthly rent comparison

Bonneville County$1,054/mo
Idaho Average$919/mo
National Median$1,163/mo

Detailed Housing Stats

$1,054/mo
Median Gross Rent
$327,000
Median Home Value
$1,172/mo
Monthly Owner Cost
26.0%
Rent-to-Income Ratio

National Ranking

Affordability Rank

Bonneville County ranks #2,436 of 3,144 counties for affordability (bottom 23%)

Most AffordableLeast Affordable

Data Story

About Cost of Living in Bonneville County, Idaho

Bonneville stays near the national sweet spot

Bonneville County renters spend 16.5% of income on rent, tracking just below the national affordability threshold and outearning the national median by $1,891. This southeastern Idaho county offers one of the more balanced housing-to-income ratios in the state.

Bonneville ranks affordably for Idaho

At 16.5%, Bonneville's rent-to-income ratio sits just below Idaho's 16.8% average, placing it squarely in the state's sweet spot for renters. The county's higher median income of $76,646 gives households more breathing room than most Idaho peers.

Pricier rents, stronger incomes nearby

Bonneville's $1,054 rent runs higher than Cassia County's $920 and Butte County's $525, but Bonneville's higher income cushions the burden. The county's economy—anchored by Idaho Falls—supports earnings that outpace rural neighbors.

Earnings power keeps pace with costs

Bonneville households earn $76,646 annually while splitting their housing between $1,054 rent and $1,172 owner costs—a relatively healthy income-to-housing ratio. Just 16.5% of income goes to rent, leaving households room for savings and other expenses.

Bonneville offers balanced relocation math

If you're eyeing southeastern Idaho, Bonneville delivers solid affordability without sacrificing income potential—rents are reasonable and jobs are plentiful. Compare to lower-cost but lower-wage neighbors like Butte County before deciding where economic opportunity meets housing peace of mind.

Cost of Living Advisory: Bonneville County

Affordability Verdict

Housing in Bonneville County is affordable. The median rent is $1,054/month against a median household income of $76,646, putting rent at 16.5% of income.

Rent vs. Own

The median rent in Bonneville County is $1,054/month, while owner costs run $1,172/month. Renting saves approximately $118/month.

Income Needed

To afford the median rent without exceeding 30% of gross income, a household needs to earn approximately $42,160/year. For owner costs at the 28% rule, the required income is roughly $50,229/year. With a median household income of $76,646, most households can comfortably afford rent here. Notably, 26.0% of renter households in Bonneville County are cost-burdened, spending more than 30% of income on housing.

Regional Context

Bonneville County sits 5% less expensive than Elmore County ($1,111/month) in terms of median gross rent.

Affordability Calculator

See how your income compares to housing costs in Bonneville County

$

Rent Burden

16.5%

of gross income

Max Housing (28% Rule)

$1,788

per month

Owner Cost Burden

18.3%

of gross income

The median home in Bonneville County may be a stretch

Median home value is $327,000. Estimated monthly cost: $2,611 vs. your max of $1,788.

Rent Affordability Guide

Your rent-to-income ratio16.5%
Recommended max30.0%

Income Needed Calculator

See how much you need to earn to comfortably afford housing

$
Rent Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $76,646Needed: $42,160
Owner Cost Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $76,646Needed: $50,229
Mortgage Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $76,646Needed: $76,102

Based on the 30% rule for rent and 28% rule for housing costs (mortgage + owner costs). Mortgage estimate assumes 20% down, 7.2% interest, 30-year fixed.

Frequently Asked Questions

What is the cost of living in Bonneville County, Idaho?
Bonneville County, Idaho has a median monthly rent of $1,054/mo and a median home value of $327,000. The affordability rating is Unaffordable, with rent making up approximately 26.0% of median household income.
What is the median rent in Bonneville County?
The median gross rent in Bonneville County is $1,054/mo. This is 15% above state average for Idaho.
Is Bonneville County affordable?
Bonneville County is rated Unaffordable based on rent-to-income ratio of 26.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Bonneville County's rent compare to the state average?
Bonneville County's median rent of $1,054/mo is 15% above state average of $919/mo for Idaho.
What is the median home value in Bonneville County?
The median home value in Bonneville County, Idaho is $327,000. This is 16% above the national median home value of $281,900.

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By Logan Johnson, Founder & Data EditorUpdated Reviewed by Logan Johnson, Founder & Data Editor

Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.

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