Average Rent in Bingham County, ID↑ Rents rising 3.1% YoY🔻 4th cheapest in ID
HUD FY2025 · Official government data · Updated annually · Metro pop. 48,993
Market Overview
Bingham County, ID has rental prices ranging from $707/month to $1,567/month in 2025, depending on unit size. The typical 1-bedroom apartment rents for $711/month — 49% below the national average of $1,400/month. With a median household income of $76,842/year, spending $711/month on a 1-bedroom represents 11% of gross income — within the recommended 30% threshold.
How Bingham County Compares
With an average 2-bedroom rent of $933/month, Bingham County ranks #40 most expensive of the 43 cities tracked in Idaho — more affordable than 60% of all US cities in our data.
The Bingham County Rental Market
The Bingham County, ID area has a population of about 48,993 and 19% of households renting rather than owning. That renter share runs below the US average of ~34%, a more homeowner-heavy market where rental inventory can be limited.
Rent Trends
2-bedroom rents in Bingham County, ID have risen by $28/month (3.1%) over the past year, from $905 to $933. This modest growth is consistent with broader inflationary trends seen across US rental markets.
Affordability
To afford a 1-bedroom apartment in Bingham County, ID without exceeding the 30% housing cost guideline, a renter needs an annual income of approximately $28,440. The local median household income of $76,842 exceeds that threshold by $48,402, making Bingham County relatively accessible compared to local wages.
Economy & Jobs
Bingham County, ID has an unemployment rate of 3.4%, 0.5 percentage points below the national average of 3.9%. Strong employment conditions typically sustain rental demand, as workers relocate to the area and local residents maintain stable housing.
Fair Market Rents
HUD FY2025Is Bingham County, ID Affordable?
Income needed to rent or buy, price history, and how this city compares to nearby metros.
Affordability Index(30% income rule)
Nearby Cities in IDlargest metros in the state
| City | Studio | 1BR | 2BR | 3BR | Home Value |
|---|---|---|---|---|---|
| Boise City | $1,300 | $1,534 | $1,838 | $2,575 | — |
| Coeur d'Alene | $1,001 | $1,226 | $1,460 | $2,046 | — |
| Idaho Falls | $1,035 | $1,087 | $1,311 | $1,837 | — |
| Logan | $914 | $920 | $1,169 | $1,638 | — |
| Twin Falls County | $522 | $608 | $801 | $1,102 | — |
| Twin Falls County | $881 | $979 | $1,285 | $1,801 | — |
Rent or Buy in Bingham County?
Break-even analysis and mortgage estimates based on local market data.
Should I Rent or Buy?
Break-even analysis using real Bingham County data
Renting appears to be the better financial choice for this scenario.
Living in Bingham County
Cost of living, job market, crime rates, and moving cost estimates.
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Frequently Asked Questions
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💵Rent Affordability in Bingham CountySalary needed to afford rent here
🗺️All Cities in IDSee how Bingham County ranks statewide
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📋ID Tenant RightsDeposit limits, eviction laws & renters protections