Cost of Living in Franklin County, Idaho

$831/mo

Median Monthly Rent

$304,000

Median Home Value

10% below state averageUnaffordable

At a Glance

Median Monthly Rent

$831/mo

10% below state average

Median Home Value

$304,000

8% above national

Rent-to-Income Ratio

22.0%

% 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 Franklin County Compares

Median monthly rent comparison

Franklin County$831/mo

Idaho Average$919/mo

National Median$1,163/mo

Detailed Housing Stats

$831/mo

Median Gross Rent

$304,000

Median Home Value

$846/mo

Monthly Owner Cost

22.0%

Rent-to-Income Ratio

Data Story

About Cost of Living in Franklin County, Idaho

Franklin's rents click with strong incomes

Franklin County's 15.1% rent-to-income ratio runs well below both national and state averages, reflecting strong household incomes of $65,991 paired with moderate $831 rents. This combination positions Franklin as one of Idaho's affordability sweet spots.

Franklin outpaces Idaho's affordability baseline

At 15.1%, Franklin County beats Idaho's 16.8% state average rent-to-income ratio while keeping rents at $831—just shy of the state average of $919. Stronger-than-average household incomes are the key to Franklin's favorable affordability ranking.

Solid incomes offset slightly higher rents

Franklin County's $831 rent sits between Custer's bargain $744 and Clearwater's $847, but its notably higher household income of $65,991 gives residents more breathing room. This income advantage makes Franklin's slightly pricier rents feel more manageable.

Strong earners make housing stretch further

Renters spend just 15.1% of income on $831/month housing, leaving substantial room for other expenses, while homeowners pay $846/month on median properties worth $304,000. Franklin County's income strength across renters and buyers creates genuine financial flexibility.

Franklin suits mid-range income relocators

If you earn above $65,000 and seek reasonable housing costs with Idaho's rural character, Franklin County delivers solid affordability and financial breathing room. Compare it against neighboring Fremont and Custer to find your best fit in this accessible region.

Affordability Calculator

See how your income compares to housing costs in Franklin County

Your Annual Household Income

Rent Burden

15.1%

of gross income

Max Housing (28% Rule)

$1,540

per month

Owner Cost Burden

15.4%

of gross income

The median home in Franklin County may be a stretch

Median home value is $304,000. Estimated monthly cost: $2,427 vs. your max of $1,540.

Rent Affordability Guide

Your rent-to-income ratio15.1%

Recommended max30.0%

Frequently Asked Questions

What is the cost of living in Franklin County, Idaho?

Franklin County, Idaho has a median monthly rent of $831/mo and a median home value of $304,000. The affordability rating is Unaffordable, with rent making up approximately 22.0% of median household income.

What is the median rent in Franklin County?

The median gross rent in Franklin County is $831/mo. This is 10% below state average for Idaho.

Is Franklin County affordable?

Franklin County is rated Unaffordable based on rent-to-income ratio of 22.0%. Spending over 50% of income on rent is generally considered unaffordable.

How does Franklin County's rent compare to the state average?

Franklin County's median rent of $831/mo is 10% below state average of $919/mo for Idaho.

What is the median home value in Franklin County?

The median home value in Franklin County, Idaho is $304,000. This is 8% above the national median home value of $281,900.