Cost of Living in Elmore County, Idaho

$1,111/mo
Median Monthly Rent
$278,300
Median Home Value
21% above state averageUnaffordable

At a Glance

Median Monthly Rent
$1,111/mo
21% above state average
Median Home Value
$278,300
1% 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 Elmore County Compares

Median monthly rent comparison

Elmore County$1,111/mo
Idaho Average$919/mo
National Median$1,163/mo

Detailed Housing Stats

$1,111/mo
Median Gross Rent
$278,300
Median Home Value
$906/mo
Monthly Owner Cost
26.0%
Rent-to-Income Ratio

Data Story

About Cost of Living in Elmore County, Idaho

Elmore's housing crunch strains household budgets

At 22.6%, Elmore County's rent-to-income ratio far exceeds the national average and nearly matches the highest-cost markets in America. The $1,111 median rent is Idaho's highest relative to household income of $58,976, signaling a genuine affordability crisis.

Elmore leads Idaho in housing unaffordability

Elmore County's 22.6% rent-to-income ratio stands out painfully above Idaho's 16.8% state average, making it the state's least affordable county for renters. At $1,111/month, its median rent exceeds the state average by $192, yet household incomes remain below regional peers.

Dramatically pricier than surrounding counties

Elmore County's $1,111 rent towers over neighbors Custer ($744), Clearwater ($847), and Fremont ($803), representing a 50% premium over Custer. This surge in rental costs without proportional income gains creates the region's steepest affordability penalty.

Housing consumes more than one-fifth of income

Renters commit 22.6% of income—nearly a quarter—to $1,111/month housing, a burden that dwarfs peers across Idaho and the nation. Homeowners face similar pressure, paying $906/month on median homes valued at $278,300.

Elmore demands careful budget planning

Elmore County's high housing costs make it unsuitable for tight-budget renters, though higher earners may find the amenities worth it. Before relocating, compare rents in Fremont and Custer, which offer dramatically lower costs in similar Idaho settings.

Affordability Calculator

See how your income compares to housing costs in Elmore County

$

Rent Burden

22.6%

of gross income

Max Housing (28% Rule)

$1,376

per month

Owner Cost Burden

18.4%

of gross income

The median home in Elmore County may be a stretch

Median home value is $278,300. Estimated monthly cost: $2,222 vs. your max of $1,376.

Rent Affordability Guide

Your rent-to-income ratio22.6%
Recommended max30.0%

Frequently Asked Questions

What is the cost of living in Elmore County, Idaho?
Elmore County, Idaho has a median monthly rent of $1,111/mo and a median home value of $278,300. The affordability rating is Unaffordable, with rent making up approximately 26.0% of median household income.
What is the median rent in Elmore County?
The median gross rent in Elmore County is $1,111/mo. This is 21% above state average for Idaho.
Is Elmore County affordable?
Elmore 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 Elmore County's rent compare to the state average?
Elmore County's median rent of $1,111/mo is 21% above state average of $919/mo for Idaho.
What is the median home value in Elmore County?
The median home value in Elmore County, Idaho is $278,300. This is 1% 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.