Cost of Living in Twin Falls County, Idaho

$1,011/mo
Median Monthly Rent
$292,700
Median Home Value

At a Glance

Median Monthly Rent
$1,011/mo
10% above state average
Median Home Value
$292,700
4% above national
Rent-to-Income Ratio
29.0%
% 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 Twin Falls County Compares

Median monthly rent comparison

Twin Falls County$1,011/mo
Idaho Average$919/mo
National Median$1,163/mo

Detailed Housing Stats

$1,011/mo
Median Gross Rent
$292,700
Median Home Value
$1,099/mo
Monthly Owner Cost
29.0%
Rent-to-Income Ratio

National Ranking

Affordability Rank

Twin Falls County ranks #2,583 of 3,144 counties for affordability (bottom 18%)

Most AffordableLeast Affordable

Data Story

About Cost of Living in Twin Falls County, Idaho

Twin Falls rents strain tighter budgets

Twin Falls County's rent-to-income ratio of 18.6% exceeds the national norm, indicating renters here spend a larger share of earnings on housing than the U.S. average. With median household income at $65,338—$9,400 below the national figure—residents face a squeeze between modest earnings and rising housing costs.

Above-average housing burden in Idaho

Twin Falls ranks among Idaho's least affordable counties with a rent-to-income ratio of 18.6%, nearly 2 percentage points worse than the state average of 16.8%. This gap reflects the county's lower income levels relative to statewide norms, even as rents climb.

Rents comparable, incomes lower

Twin Falls' median rent of $1,011 matches Valley County exactly, yet Twin Falls residents earn $10,787 less annually, amplifying the affordability burden. This mismatch makes Twin Falls a tighter market for renters compared to wealthier neighbors.

Renters and buyers both squeezed

Twin Falls renters dedicate nearly 19% of income to $1,011 monthly rent, while homeowners commit about 20% to $1,099 ownership costs on homes averaging $293,000. Neither pathway offers clear financial relief for a median household earning just over $65,000 annually.

Twin Falls: Affordable homes, tight budgets

Relocating to Twin Falls? The county offers genuinely affordable home prices ($293k median) and modest rents, but income growth matters—wages here lag state peers. Job seekers should prioritize positions with above-county-median salaries to ease the housing-to-income squeeze.

Cost of Living Advisory: Twin Falls County

Affordability Verdict

Twin Falls County offers affordable rental housing at a median of $1,011/month — about 18.6% of the typical household income here.

Rent vs. Own

At $1,011/month rent versus $1,099/month in owner costs, renting is roughly $88/month cheaper — a 8% difference.

Income Needed

To afford the median rent without exceeding 30% of gross income, a household needs to earn approximately $40,440/year. For owner costs at the 28% rule, the required income is roughly $47,100/year. With a median household income of $65,338, most households can comfortably afford rent here. Notably, 29.0% of renter households in Twin Falls County are cost-burdened, spending more than 30% of income on housing.

Regional Context

Within Idaho, Twin Falls County is more affordable than Nez Perce County by roughly 8% ($1,011/mo vs $936/mo).

Affordability Calculator

See how your income compares to housing costs in Twin Falls County

$

Rent Burden

18.6%

of gross income

Max Housing (28% Rule)

$1,525

per month

Owner Cost Burden

20.2%

of gross income

The median home in Twin Falls County may be a stretch

Median home value is $292,700. Estimated monthly cost: $2,337 vs. your max of $1,525.

Rent Affordability Guide

Your rent-to-income ratio18.6%
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: $65,338Needed: $40,440
Owner Cost Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $65,338Needed: $47,100
Mortgage Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? No
Your income: $65,338Needed: $68,119

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 Twin Falls County, Idaho?
Twin Falls County, Idaho has a median monthly rent of $1,011/mo and a median home value of $292,700. The affordability rating is Unaffordable, with rent making up approximately 29.0% of median household income.
What is the median rent in Twin Falls County?
The median gross rent in Twin Falls County is $1,011/mo. This is 10% above state average for Idaho.
Is Twin Falls County affordable?
Twin Falls County is rated Unaffordable based on rent-to-income ratio of 29.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Twin Falls County's rent compare to the state average?
Twin Falls County's median rent of $1,011/mo is 10% above state average of $919/mo for Idaho.
What is the median home value in Twin Falls County?
The median home value in Twin Falls County, Idaho is $292,700. This is 4% above the national median home value of $281,900.

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By Logan Johnson, Founder & Data EditorUpdated Reviewed by Logan Johnson, Founder & Data Editor

Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.

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