CostBy County

Cost of Living in Canyon County, Idaho

$1,347/mo
Median Monthly Rent
$390,000
Median Home Value

At a Glance

Median Monthly Rent
$1,347/mo
39% above state average
Median Home Value
$390,000
17% above national
Census GRAPI
29.4%
Median gross rent as % of renter income

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

Affordability Rating
Affordable
Median gross rent is under 30% of renter household income

These figures are county medians, not a personal budget. Use them to frame rent, ownership, and income tradeoffs, then account for household size, commute, financing, insurance, taxes, debt, and local availability before making a decision.

How Canyon County Compares

Median monthly rent comparison

Canyon County$1,347/mo
Idaho Average$968/mo
National Median$1,413/mo

Detailed Housing Stats

$1,347/mo
Median Gross Rent
$390,000
Median Home Value
$1,264/mo
Monthly Owner Cost
29.4%
Census GRAPI

National Ranking

Affordability Rank

Canyon County ranks #2,712 of 3,142 counties for affordability (bottom 14%)

Most AffordableLeast Affordable

Sourced county brief

Canyon County Median Gross Rent Reaches $1,347

Median gross rent in Canyon County is $1,347 per month, which is $379 above the Idaho unweighted county mean of $968. The official median gross rent as a percentage of household income (GRAPI) for the county is 29.4%. This B25071 estimate is 2.5 percentage points higher than the state unweighted county mean official GRAPI of 26.9%. The median income for renter households is $55,813. Homeownership data shows a median home value of $390,000, exceeding the state unweighted county mean of $355,261 by $34,739. Median selected monthly owner costs for all units are $1,264, which is above the state unweighted county mean of $968. See ACS table B25071 for the underlying estimate.

Cost of Living Advisory: Canyon County

Affordability Verdict

ACS B25071 estimates median gross rent at 29.4% of renter household income in Canyon County, which is below the 30% affordability benchmark. This is a median percentage among renter-occupied units, not the share of households above a threshold.

Rent vs. Own

Median gross rent is $1,347 per month; median selected monthly owner costs are $1,264. These ACS medians describe different tenure groups and are not a personalized rent-versus-buy calculation.

Income Needed

Using the common 30% budgeting benchmark, $53,880 in annual gross income would allocate 30% to the county's median gross rent. This is a reproducible illustration, not evidence that a particular household can afford housing.

Regional Context

The Idaho unweighted mean of county median rents is $968 per month. Canyon County's $1,347 median is 39.1% above that comparison value.

Data version acs5-2020-2024 · Method cost-advisory-v2

Affordability Calculator

See how your income compares to housing costs in Canyon County

$

Rent Burden

21.1%

of gross income

Max Housing (28% Rule)

$1,785

per month

Owner Cost Burden

19.8%

of gross income

The median home in Canyon County may be a stretch

Median home value is $390,000. Estimated monthly cost: $3,114 vs. your max of $1,785.

Rent Affordability Guide

Your entered rent as a share of entered income21.1%
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: $76,488Needed: $53,880
Owner Cost Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $76,488Needed: $54,171
Mortgage Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? No
Your income: $76,488Needed: $90,764

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 Canyon County, Idaho?
Canyon County, Idaho has a median monthly rent of $1,347/mo and a median home value of $390,000. The affordability rating is Affordable, with median gross rent equal to approximately 29.4% of renter household income.
What is the median rent in Canyon County?
The median gross rent in Canyon County is $1,347/mo. This is 39% above state average for Idaho.
Is Canyon County affordable?
Canyon County is rated Affordable using the Census median gross-rent-as-a-percentage-of-income measure of 29.4%. Median gross rent is under 30% of renter household income.
How does Canyon County's rent compare to the state average?
Canyon County's median rent of $1,347/mo is 39% above state average of $968/mo for Idaho.
What is the median home value in Canyon County?
The median home value in Canyon County, Idaho is $390,000. This is 17% above the national median home value of $332,700.

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Published by the CostByCounty Editorial Team. See our methodology and corrections policy.Data build reviewed 2026-07-09; first published 2026-03-10.

Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2020-2024). Data is informational only and is not personalized financial advice.

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