CostBy County

Cost of Living in Elmore County, Idaho

$1,243/mo
Median Monthly Rent
$316,500
Median Home Value

At a Glance

Median Monthly Rent
$1,243/mo
28% above state average
Median Home Value
$316,500
5% below national
Census GRAPI
28.2%
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 Elmore County Compares

Median monthly rent comparison

Elmore County$1,243/mo
Idaho Average$968/mo
National Median$1,413/mo

Detailed Housing Stats

$1,243/mo
Median Gross Rent
$316,500
Median Home Value
$938/mo
Monthly Owner Cost
28.2%
Census GRAPI

National Ranking

Affordability Rank

Elmore County ranks #2,339 of 3,142 counties for affordability (bottom 26%)

Most AffordableLeast Affordable

Sourced county brief

Elmore County Median Gross Rent Reaches $1,243 Per Month

Median gross rent in Elmore County is $1,243 per month, which is $275 above the Idaho unweighted county mean of $968. The official ACS B25071 median gross rent as a percentage of household income (GRAPI) is 28.2%. This figure is 1.3 percentage points higher than the Idaho unweighted county mean official GRAPI of 26.9%. Median selected monthly owner costs for all owner-occupied housing units were estimated at $938, which is below the state unweighted county mean of $968. The median home value was recorded at $316,500, while the state unweighted county mean is $355,261. Median renter-household income for the period was $54,150. These figures represent snapshots from the 2020-2024 5-Year Estimates and do not indicate market trends or future conditions for any tenure group. See ACS table B25071 for the underlying estimate.

Cost of Living Advisory: Elmore County

Affordability Verdict

ACS B25071 estimates median gross rent at 28.2% of renter household income in Elmore 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 $1,243 per month; median selected monthly owner costs are $938. These ACS medians describe different tenure groups and are not a personalized rent-versus-buy calculation.

Income Needed

Using the common 30% budgeting benchmark, $49,720 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. Elmore County's $1,243 median is 28.4% above that comparison value.

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

Affordability Calculator

See how your income compares to housing costs in Elmore County

$

Rent Burden

22.8%

of gross income

Max Housing (28% Rule)

$1,525

per month

Owner Cost Burden

17.2%

of gross income

The median home in Elmore County may be a stretch

Median home value is $316,500. Estimated monthly cost: $2,527 vs. your max of $1,525.

Rent Affordability Guide

Your entered rent as a share of entered income22.8%
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: $65,359Needed: $49,720
Owner Cost Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $65,359Needed: $40,200
Mortgage Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? No
Your income: $65,359Needed: $73,658

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 Elmore County, Idaho?
Elmore County, Idaho has a median monthly rent of $1,243/mo and a median home value of $316,500. The affordability rating is Affordable, with median gross rent equal to approximately 28.2% of renter household income.
What is the median rent in Elmore County?
The median gross rent in Elmore County is $1,243/mo. This is 28% above state average for Idaho.
Is Elmore County affordable?
Elmore County is rated Affordable using the Census median gross-rent-as-a-percentage-of-income measure of 28.2%. Median gross rent is under 30% of renter household income.
How does Elmore County's rent compare to the state average?
Elmore County's median rent of $1,243/mo is 28% above state average of $968/mo for Idaho.
What is the median home value in Elmore County?
The median home value in Elmore County, Idaho is $316,500. This is 5% below 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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