Cost of Living in Franklin County, Idaho
At a Glance
Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)
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 Franklin County Compares
Median monthly rent comparison
Detailed Housing Stats
National Ranking
Affordability Rank
Franklin County ranks #1,924 of 3,142 counties for affordability (bottom 39%)
Sourced county brief
Franklin County Median GRAPI Estimated at 21.4% of Income
According to the U.S. Census Bureau ACS 2020-2024 5-Year Estimates, the official median gross rent as a percentage of household income (GRAPI) in Franklin County is 21.4%. This official B25071 metric is 5.5 percentage points lower than the Idaho unweighted county mean of 26.9%. Renter-occupied households in the county had a median gross rent of $894 per month, while the Idaho unweighted county mean was $968. The median renter-household income was recorded at $55,861. For owner-occupied units, the median home value was estimated at $372,600, which is above the Idaho unweighted county mean of $355,261. Median selected monthly owner costs for all owner-occupied units is $988, compared to the unweighted state mean of $968. These statistics provide a snapshot of household costs and do not constitute financial advice. See ACS table B25071 for the underlying GRAPI estimate.
Source record
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25064 Median Gross Rent
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25071 GRAPI
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25077 Median Home Value
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25088 Selected Monthly Owner Costs
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25119 Household Income by Tenure
Data version acs5-2020-2024 · Method cost-brief-v1
Cost of Living Advisory: Franklin County
Affordability Verdict
ACS B25071 estimates median gross rent at 21.4% of renter household income in Franklin 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 $894 per month; median selected monthly owner costs are $988. These ACS medians describe different tenure groups and are not a personalized rent-versus-buy calculation.
Income Needed
Using the common 30% budgeting benchmark, $35,760 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. Franklin County's $894 median is 7.7% below that comparison value.
Data version acs5-2020-2024 · Method cost-advisory-v2
Affordability Calculator
See how your income compares to housing costs in Franklin County
Rent Burden
14.9%
of gross income
Max Housing (28% Rule)
$1,679
per month
Owner Cost Burden
16.5%
of gross income
The median home in Franklin County may be a stretch
Median home value is $372,600. Estimated monthly cost: $2,975 vs. your max of $1,679.
Rent Affordability Guide
Income Needed Calculator
See how much you need to earn to comfortably afford housing
$0/yr
Needed to stay within recommended threshold
$0/yr
Needed to stay within recommended threshold
$0/yr
Needed to stay within recommended threshold
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 Franklin County, Idaho?
What is the median rent in Franklin County?
Is Franklin County affordable?
How does Franklin County's rent compare to the state average?
What is the median home value in Franklin County?
Counties with Similar Housing Costs
Planning a Move?
Researching the cost of living in Franklin County, Idaho? Compare moving quotes from top providers and save on your relocation.
Compare Moving QuotesCompare Mortgage Rates in Franklin County
Whether you're buying in Franklin County, Idaho, or refinancing, compare rates from top lenders using the terms each lender provides.
See Today's RatesData: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2020-2024). Data is informational only and is not personalized financial advice.
CostByCounty participates in affiliate programs. We may earn a commission when you use our links, at no extra cost to you.