Cost of Living in Lemhi County, Idaho

$721/mo
Median Monthly Rent
$282,100
Median Home Value
22% below state averageUnaffordable

At a Glance

Median Monthly Rent
$721/mo
22% below state average
Median Home Value
$282,100
0% above national
Rent-to-Income Ratio
35.0%
% 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 Lemhi County Compares

Median monthly rent comparison

Lemhi County$721/mo
Idaho Average$919/mo
National Median$1,163/mo

Detailed Housing Stats

$721/mo
Median Gross Rent
$282,100
Median Home Value
$849/mo
Monthly Owner Cost
35.0%
Rent-to-Income Ratio

Data Story

About Cost of Living in Lemhi County, Idaho

Lemhi County: affordable rents on rural income

Lemhi County's 16.6% rent-to-income ratio is near the national norm, but achieved on a median household income of just $52,057—30% below the U.S. average of $74,755. This county squeezes affordability from limited earnings through consistently low housing costs.

Lowest income, reasonable rents statewide

Lemhi County's 16.6% rent-to-income ratio sits just below Idaho's 16.8% average, yet the median household income of $52,057 is the lowest in this region. The county achieves this balance through the state's lowest median rent of $721, demonstrating how rural markets adjust to local wage realities.

Rock-bottom rents support low-wage households

Lemhi's $721 median rent is the cheapest among all eight counties and 21% below the state median of $919, crucial for households earning just $52,057. Only Lewis County ($708) rents lower, and together these two counties serve as safety valves for Idaho's lowest-income working families.

Renters get a better deal than homeowners

Renters pay $721 monthly while homeowners spend $849 on the $282,100 median home value, a modest $128 gap. For the $52,057 median income, both are tight budgets, but renting provides slightly more financial breathing room and lower entry-to-housing cost.

Lemhi for renters prioritizing bare essentials

Lemhi County is Idaho's most affordable rental option at $721 per month, ideal for households earning below $55,000 who need maximum cost relief. Homeownership requires careful financial planning here; renters will stretch further on the county's limited median income of $52,057.

Affordability Calculator

See how your income compares to housing costs in Lemhi County

$

Rent Burden

16.6%

of gross income

Max Housing (28% Rule)

$1,215

per month

Owner Cost Burden

19.6%

of gross income

The median home in Lemhi County may be a stretch

Median home value is $282,100. Estimated monthly cost: $2,252 vs. your max of $1,215.

Rent Affordability Guide

Your rent-to-income ratio16.6%
Recommended max30.0%

Frequently Asked Questions

What is the cost of living in Lemhi County, Idaho?
Lemhi County, Idaho has a median monthly rent of $721/mo and a median home value of $282,100. The affordability rating is Unaffordable, with rent making up approximately 35.0% of median household income.
What is the median rent in Lemhi County?
The median gross rent in Lemhi County is $721/mo. This is 22% below state average for Idaho.
Is Lemhi County affordable?
Lemhi County is rated Unaffordable based on rent-to-income ratio of 35.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Lemhi County's rent compare to the state average?
Lemhi County's median rent of $721/mo is 22% below state average of $919/mo for Idaho.
What is the median home value in Lemhi County?
The median home value in Lemhi County, Idaho is $282,100. This is 0% above 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.