Cost of Living in Valley County, Idaho

$1,011/mo
Median Monthly Rent
$599,500
Median Home Value
10% above state averageUnaffordable

At a Glance

Median Monthly Rent
$1,011/mo
10% above state average
Median Home Value
$599,500
113% above national
Rent-to-Income Ratio
27.0%
% 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 Valley County Compares

Median monthly rent comparison

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

Detailed Housing Stats

$1,011/mo
Median Gross Rent
$599,500
Median Home Value
$973/mo
Monthly Owner Cost
27.0%
Rent-to-Income Ratio

Data Story

About Cost of Living in Valley County, Idaho

Valley County keeps housing costs low

Valley County's rent-to-income ratio of 15.9% edges below the national standard, despite a median household income of $76,125 that's roughly equal to the U.S. average. Renters here benefit from rental prices that haven't inflated as quickly as wages.

Idaho's second-best affordability

Valley County achieves a 15.9% rent-to-income ratio, ranking as Idaho's second-most affordable county behind only Teton. This strong showing reflects the county's respectable median income and relatively stable rental market.

Similar rents, stronger incomes

Valley County's $1,011 median rent matches Twin Falls exactly, yet Valley's median household income tops Twin Falls by $10,787 annually. This income advantage makes the same rent more manageable for Valley residents.

Ownership costs lower than rents

A notable reversal: Valley renters pay $1,011 monthly (16% of income), while homeowners commit only $973 monthly (15% of income) on properties valued near $600,000. This unusual inversion suggests a strong owner-occupied market with favorable financing, not lower home values.

Valley County: Mountain living, smart money

Remote workers and those relocating should take note of Valley's balance: reasonable incomes ($76k median), controlled rents ($1,011), and surprisingly affordable ownership for mountain-adjacent living. The county offers one of Idaho's best deals for buyers willing to embrace a smaller town lifestyle.

Affordability Calculator

See how your income compares to housing costs in Valley County

$

Rent Burden

15.9%

of gross income

Max Housing (28% Rule)

$1,776

per month

Owner Cost Burden

15.3%

of gross income

The median home in Valley County may be a stretch

Median home value is $599,500. Estimated monthly cost: $4,786 vs. your max of $1,776.

Rent Affordability Guide

Your rent-to-income ratio15.9%
Recommended max30.0%

Frequently Asked Questions

What is the cost of living in Valley County, Idaho?
Valley County, Idaho has a median monthly rent of $1,011/mo and a median home value of $599,500. The affordability rating is Unaffordable, with rent making up approximately 27.0% of median household income.
What is the median rent in Valley County?
The median gross rent in Valley County is $1,011/mo. This is 10% above state average for Idaho.
Is Valley County affordable?
Valley County is rated Unaffordable based on rent-to-income ratio of 27.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Valley County's rent compare to the state average?
Valley 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 Valley County?
The median home value in Valley County, Idaho is $599,500. This is 113% above the national median home value of $281,900.
Sponsored

Planning a Move?

Researching the cost of living in Valley County, Idaho? Compare moving quotes from top providers and save on your relocation.

Compare Moving Quotes

Counties with Similar Housing Costs

Sponsored

Compare Mortgage Rates in Valley County

Whether you're buying your first home or refinancing, compare rates from top lenders to find the best deal.

See Today's Rates

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