Cost of Living in Caribou County, Idaho

$800/mo
Median Monthly Rent
$220,200
Median Home Value
13% below state averageUnaffordable

At a Glance

Median Monthly Rent
$800/mo
13% below state average
Median Home Value
$220,200
22% below 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 Caribou County Compares

Median monthly rent comparison

Caribou County$800/mo
Idaho Average$919/mo
National Median$1,163/mo

Detailed Housing Stats

$800/mo
Median Gross Rent
$220,200
Median Home Value
$732/mo
Monthly Owner Cost
26.0%
Rent-to-Income Ratio

Data Story

About Cost of Living in Caribou County, Idaho

Caribou delivers quiet affordability

Caribou County renters spend just 14.4% of income on rent, tracking below the national affordability threshold and beating 75% of U.S. counties. Median income of $66,653 combined with a median rent of just $800 creates one of the nation's best housing bargains.

Idaho's second-most affordable county

At 14.4%, Caribou's rent-to-income ratio ranks second-best in Idaho after Butte County (14.6%), running 2.4 points below state average of 16.8%. Median rent of $800 beats the state average by $119, making Caribou a genuine affordability standout.

Southeastern Idaho's value leader

Caribou's $800 rent undercuts Bonneville ($1,054), Cassia ($920), and Camas ($992), while owner costs at $732 match or beat all regional peers. This isolated Bear Lake county punches above its weight for affordability across both rental and ownership markets.

Income and housing in perfect balance

Caribou households earn $66,653 while paying just $800 rent or $732 ownership, meaning housing claims only 14.4% of income. The county achieves this balance through modest costs in an isolated area with stable, longtime residents rather than rapid growth.

Caribou: Southeast Idaho's affordability gem

At 14.4% rent-to-income, Caribou competes with Butte for Idaho's best affordability, combining reasonable rents ($800) with solid incomes ($66,653). If you accept remote location and seasonal recreation tradeoffs, Caribou delivers genuine long-term housing relief.

Affordability Calculator

See how your income compares to housing costs in Caribou County

$

Rent Burden

14.4%

of gross income

Max Housing (28% Rule)

$1,555

per month

Owner Cost Burden

13.2%

of gross income

The median home in Caribou County may be a stretch

Median home value is $220,200. Estimated monthly cost: $1,758 vs. your max of $1,555.

Rent Affordability Guide

Your rent-to-income ratio14.4%
Recommended max30.0%

Frequently Asked Questions

What is the cost of living in Caribou County, Idaho?
Caribou County, Idaho has a median monthly rent of $800/mo and a median home value of $220,200. The affordability rating is Unaffordable, with rent making up approximately 26.0% of median household income.
What is the median rent in Caribou County?
The median gross rent in Caribou County is $800/mo. This is 13% below state average for Idaho.
Is Caribou County affordable?
Caribou 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 Caribou County's rent compare to the state average?
Caribou County's median rent of $800/mo is 13% below state average of $919/mo for Idaho.
What is the median home value in Caribou County?
The median home value in Caribou County, Idaho is $220,200. This is 22% below the national median home value of $281,900.
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Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.