Average Rent in Elmore County, ID↑ Rents rising 7.8% YoY🔺 7th priciest in ID
HUD FY2027 · Official government data · Updated annually · Metro pop. 29,046
Market Overview
Elmore County, ID has rental prices ranging from $976/month to $2,148/month in 2027, depending on unit size. The typical 1-bedroom apartment rents for $982/month — 30% below the national average of $1,400/month. With a median household income of $58,976/year, spending $982/month on a 1-bedroom represents 20% of gross income — within the recommended 30% threshold.
How Elmore County Compares
With an average 2-bedroom rent of $1,285/month, Elmore County ranks #7 most expensive of the 43 cities tracked in Idaho — pricier than 81% of all US cities in our data.
The Elmore County Rental Market
The Elmore County, ID area has a population of about 29,046 and 35% of households renting rather than owning. That is close to the US average renter share of ~34%.
Rent Trends
2-bedroom rents in Elmore County, ID have risen by $93/month (7.8%) over the past year, from $1,192 to $1,285. This modest growth is consistent with broader inflationary trends seen across US rental markets.
Affordability
To afford a 1-bedroom apartment in Elmore County, ID without exceeding the 30% housing cost guideline, a renter needs an annual income of approximately $39,280. The local median household income of $58,976 exceeds that threshold by $19,696, making Elmore County relatively accessible compared to local wages.
Economy & Jobs
Elmore County, ID has an unemployment rate of 3.9%, 0.0 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 FY2027Is Elmore 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 | $1,152 | $1,295 | $1,540 | $2,132 | — |
| Coeur d'Alene | $1,272 | $1,290 | $1,507 | $2,087 | — |
| Idaho Falls | $1,013 | $1,064 | $1,274 | $1,764 | — |
| Logan | $961 | $967 | $1,265 | $1,752 | — |
| Twin Falls County | $522 | $608 | $801 | $1,102 | — |
| Twin Falls County | $895 | $982 | $1,285 | $1,779 | — |
Rent or Buy in Elmore County?
Break-even analysis and mortgage estimates based on local market data.
Should I Rent or Buy?
Break-even analysis using real Elmore County data
Buying breaks even after 1 year — worth it if you stay 1+ years.
Living in Elmore County
Cost of living, job market, crime rates, and moving cost estimates.
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Frequently Asked Questions
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Compare rent & home prices by neighborhood
💵Rent Affordability in Elmore CountySalary needed to afford rent here
🗺️All Cities in IDSee how Elmore County ranks statewide
⚖️Compare Elmore CountySide-by-side rent & cost of living with any city
📋ID Tenant RightsDeposit limits, eviction laws & renters protections