RentData

Average Rent in Gooding County, ID↑ Rents rising 2.6% YoY

HUD FY2027 · Official government data · Updated annually · Metro pop. 15,740

Data review: HUD FY2027Sources: HUD, Zillow, Census, BLSMethodologyEditorial standardsReport a correction

Market Overview

Gooding County, ID has rental prices ranging from $894/month to $1,760/month in 2027, depending on unit size. The typical 1-bedroom apartment rents for $899/month — 36% below the national average of $1,400/month. With a median household income of $62,395/year, spending $899/month on a 1-bedroom represents 17% of gross income — within the recommended 30% threshold.

How Gooding County Compares

With an average 2-bedroom rent of $1,053/month, Gooding County ranks #28 most expensive of the 43 cities tracked in Idaho — pricier than 56% of all US cities in our data.

The Gooding County Rental Market

The Gooding County, ID area has a population of about 15,740 and 29% 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 Gooding County, ID have risen by $27/month (2.6%) over the past year, from $1,026 to $1,053. This modest growth is consistent with broader inflationary trends seen across US rental markets.

Affordability

To afford a 1-bedroom apartment in Gooding County, ID without exceeding the 30% housing cost guideline, a renter needs an annual income of approximately $35,960. The local median household income of $62,395 exceeds that threshold by $26,435, making Gooding County relatively accessible compared to local wages.

Economy & Jobs

Gooding County, ID has an unemployment rate of 3.1%, 0.8 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 FY2027
Studio
$894
Affordable
1 Bedroom
$899
Affordable
2 Bedrooms
$1,053
↑2.6% YoY
Affordable
3 Bedrooms
$1,458
Affordable
4 Bedrooms
$1,760
Average
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Is Gooding County, ID Affordable?

Income needed to rent or buy, price history, and how this city compares to nearby metros.

Affordability Index(30% income rule)

To rent a 2BR
$42,120/year
Local median income: $62,395
To buy a median home
—/year
US national median: $75,000
💡 Based on a 2BR rent of $1,053/month and 20% down on a — home at 7% rate.

Nearby Cities in IDlargest metros in the state

CityStudio1BR2BR3BRHome 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 Gooding County?

Break-even analysis and mortgage estimates based on local market data.

Should I Rent or Buy?

Break-even analysis using real Gooding County data

$
Home Value
$350,000
2BR Rent
$1,053/mo
Mortgage Rate
7%
Monthly P&I
$1,863/mo
🏠 Buy

Buying breaks even after 3 years — worth it if you stay 3+ years.

Total monthly buy cost: $2,577/movs rent: $1,053/mo
Estimates only. Excludes HOA, PMI (if <20% down), closing costs, and tax benefits. Assumes 5% return on invested down payment.

Living in Gooding County

Cost of living, job market, crime rates, and moving cost estimates.

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Frequently Asked Questions

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🏘️Neighborhoods in Gooding County

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💵Rent Affordability in Gooding County

Salary needed to afford rent here

🗺️All Cities in ID

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⚖️Compare Gooding County

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📋ID Tenant Rights

Deposit limits, eviction laws & renters protections