CostBy County

Cost of Living in Lincoln County, Idaho

$1,021/mo
Median Monthly Rent
$255,600
Median Home Value

At a Glance

Median Monthly Rent
$1,021/mo
5% above state average
Median Home Value
$255,600
23% below national
Census GRAPI
23.3%
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 Lincoln County Compares

Median monthly rent comparison

Lincoln County$1,021/mo
Idaho Average$968/mo
National Median$1,413/mo

Detailed Housing Stats

$1,021/mo
Median Gross Rent
$255,600
Median Home Value
$886/mo
Monthly Owner Cost
23.3%
Census GRAPI

National Ranking

Affordability Rank

Lincoln County ranks #2,020 of 3,142 counties for affordability (bottom 36%)

Most AffordableLeast Affordable

Sourced county brief

Lincoln County median renter household income reaches $61,304

In Lincoln County, the median renter-household income was $61,304 during the 2020-2024 period. The median gross rent was $1,021 per month, which is $53 above the Idaho unweighted county mean of $968. The official median gross rent as a percentage of household income (GRAPI) was 23.3% as reported in ACS table B25071. This official GRAPI is 3.6 percentage points lower than the state unweighted county mean of 26.9%. For owner-occupied housing, the median home value was $255,600, while the state unweighted county mean was $355,261. The median selected monthly owner cost was $886, which is $82 below the state unweighted county mean of $968. See ACS table B25071 for the underlying estimate.

Cost of Living Advisory: Lincoln County

Affordability Verdict

ACS B25071 estimates median gross rent at 23.3% of renter household income in Lincoln 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 $1,021 per month; median selected monthly owner costs are $886. These ACS medians describe different tenure groups and are not a personalized rent-versus-buy calculation.

Income Needed

Using the common 30% budgeting benchmark, $40,840 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. Lincoln County's $1,021 median is 5.5% above that comparison value.

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

Affordability Calculator

See how your income compares to housing costs in Lincoln County

$

Rent Burden

17.1%

of gross income

Max Housing (28% Rule)

$1,667

per month

Owner Cost Burden

14.9%

of gross income

The median home in Lincoln County may be a stretch

Median home value is $255,600. Estimated monthly cost: $2,041 vs. your max of $1,667.

Rent Affordability Guide

Your entered rent as a share of entered income17.1%
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: $71,453Needed: $40,840
Owner Cost Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $71,453Needed: $37,971
Mortgage Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $71,453Needed: $59,485

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 Lincoln County, Idaho?
Lincoln County, Idaho has a median monthly rent of $1,021/mo and a median home value of $255,600. The affordability rating is Affordable, with median gross rent equal to approximately 23.3% of renter household income.
What is the median rent in Lincoln County?
The median gross rent in Lincoln County is $1,021/mo. This is 5% above state average for Idaho.
Is Lincoln County affordable?
Lincoln County is rated Affordable using the Census median gross-rent-as-a-percentage-of-income measure of 23.3%. Median gross rent is under 30% of renter household income.
How does Lincoln County's rent compare to the state average?
Lincoln County's median rent of $1,021/mo is 5% above state average of $968/mo for Idaho.
What is the median home value in Lincoln County?
The median home value in Lincoln County, Idaho is $255,600. This is 23% 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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