Average Rent in Madison County, ID↓ Rents falling 5.0% YoY
HUD FY2025 · Official government data · Updated annually · Metro pop. 53,578
Market Overview
Madison County, ID has rental prices ranging from $873/month to $1,650/month in 2025, depending on unit size. The typical 1-bedroom apartment rents for $907/month — 35% below the national average of $1,400/month. With a median household income of $58,259/year, spending $907/month on a 1-bedroom represents 19% of gross income — within the recommended 30% threshold.
How Madison County Compares
With an average 2-bedroom rent of $1,004/month, Madison County ranks #17 most expensive of the 43 cities tracked in Idaho — pricier than 65% of all US cities in our data.
The Madison County Rental Market
The Madison County, ID area has a population of about 53,578 and 60% of households renting rather than owning. That renter share runs above the US average of ~34%, pointing to a competitive rental market where vacancies clear quickly and rents are less negotiable.
Rent Trends
2-bedroom rents in Madison County, ID have fallen by $53/month (5.0%) over the past year, from $1,057 to $1,004. This slight decline is consistent with broader market corrections seen across US rental markets.
Affordability
To afford a 1-bedroom apartment in Madison County, ID without exceeding the 30% housing cost guideline, a renter needs an annual income of approximately $36,280. The local median household income of $58,259 exceeds that threshold by $21,979, making Madison County relatively accessible compared to local wages.
Economy & Jobs
Madison County, ID has an unemployment rate of 3.7%, 0.2 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 Madison 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 Madison County?
Break-even analysis and mortgage estimates based on local market data.
Should I Rent or Buy?
Break-even analysis using real Madison County data
Buying breaks even after 4 years — worth it if you stay 4+ years.
Living in Madison County
Cost of living, job market, crime rates, and moving cost estimates.
Moving Cost Estimator
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Frequently Asked Questions
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Compare rent & home prices by neighborhood
💵Rent Affordability in Madison CountySalary needed to afford rent here
🗺️All Cities in IDSee how Madison County ranks statewide
⚖️Compare Madison CountySide-by-side rent & cost of living with any city
📋ID Tenant RightsDeposit limits, eviction laws & renters protections