RentData

Average Rent in Payette County, ID Rents falling 4.8% YoY

HUD FY2025 · Official government data · Updated annually · Metro pop. 26,190

Data review: HUD FY2025Sources: HUD, Zillow, Census, BLSMethodologyEditorial standardsReport a correction

Market Overview

Payette County, ID has rental prices ranging from $731/month to $1,567/month in 2025, depending on unit size. The typical 1-bedroom apartment rents for $736/month — 47% below the national average of $1,400/month. With a median household income of $65,723/year, spending $736/month on a 1-bedroom represents 13% of gross income — within the recommended 30% threshold.

How Payette County Compares

With an average 2-bedroom rent of $965/month, Payette County ranks #26 most expensive of the 43 cities tracked in Idaho — pricier than 58% of all US cities in our data.

The Payette County Rental Market

The Payette County, ID area has a population of about 26,190 and 26% 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 Payette County, ID have fallen by $49/month (4.8%) over the past year, from $1,014 to $965. This slight decline is consistent with broader market corrections seen across US rental markets.

Affordability

To afford a 1-bedroom apartment in Payette County, ID without exceeding the 30% housing cost guideline, a renter needs an annual income of approximately $29,440. The local median household income of $65,723 exceeds that threshold by $36,283, making Payette County relatively accessible compared to local wages.

Economy & Jobs

Payette County, ID has an unemployment rate of 4.1%, 0.2 percentage points above the national average of 3.9%. A higher unemployment rate can moderate rental demand over time, which may help keep rent growth in check compared to tighter job markets.

Fair Market Rents

HUD FY2025
Studio
$731
Affordable
1 Bedroom
$736
Affordable
2 Bedrooms
$965
4.8% YoY
Affordable
3 Bedrooms
$1,352
Affordable
4 Bedrooms
$1,567
Affordable
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Is Payette 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
$38,600/year
Local median income: $65,723
To buy a median home
/year
US national median: $75,000
💡 Based on a 2BR rent of $965/month and 20% down on a home at 7% rate.

Nearby Cities in IDlargest metros in the state

CityStudio1BR2BR3BRHome 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 Payette County?

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

Should I Rent or Buy?

Break-even analysis using real Payette County data

$
Home Value
$350,000
2BR Rent
$965/mo
Mortgage Rate
7%
Monthly P&I
$1,863/mo
🏠 Buy

Buying breaks even after 5 years — worth it if you stay 5+ years.

Total monthly buy cost: $2,577/movs rent: $965/mo
Estimates only. Excludes HOA, PMI (if <20% down), closing costs, and tax benefits. Assumes 5% return on invested down payment.

Living in Payette 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 Payette County

Compare rent & home prices by neighborhood

💵Rent Affordability in Payette County

Salary needed to afford rent here

🗺️All Cities in ID

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⚖️Compare Payette County

Side-by-side rent & cost of living with any city

📋ID Tenant Rights

Deposit limits, eviction laws & renters protections