RentData

Average Rent in Pocatello, ID↑ Rents rising 6.6% YoY

HUD FY2027 · Official government data · Updated annually · Metro pop. 88,457

Data review: HUD FY2027Sources: HUD, Zillow, CensusMethodologyEditorial standardsReport a correction

Market Overview

Pocatello, ID has rental prices ranging from $871/month to $2,091/month in 2027, depending on unit size. The typical 1-bedroom apartment rents for $956/month — 32% below the national average of $1,400/month. With a median household income of $64,080/year, spending $956/month on a 1-bedroom represents 18% of gross income — within the recommended 30% threshold.

How Pocatello Compares

With an average 2-bedroom rent of $1,251/month, Pocatello ranks #10 most expensive of the 43 cities tracked in Idaho — pricier than 79% of all US cities in our data.

The Pocatello Rental Market

The Pocatello, ID area has a population of about 88,457 and 31% of households renting rather than owning. That is close to the US average renter share of ~34%.

Rent Trends

2-bedroom rents in Pocatello, ID have risen by $78/month (6.6%) over the past year, from $1,173 to $1,251. This modest growth is consistent with broader inflationary trends seen across US rental markets.

Affordability

To afford a 1-bedroom apartment in Pocatello, ID without exceeding the 30% housing cost guideline, a renter needs an annual income of approximately $38,240. The local median household income of $64,080 exceeds that threshold by $25,840, making Pocatello relatively accessible compared to local wages.

Rent vs. Buy

The median home value in Pocatello, ID is $339,631, giving a price-to-rent ratio of 22.6. With a break-even horizon of approximately 23 years, renting is likely the more financially prudent option for most residents unless they plan to stay long-term.

Fair Market Rents

HUD FY2027
Studio
$871
Affordable
1 Bedroom
$956
Affordable
2 Bedrooms
$1,251
↑6.6% YoY
Affordable
3 Bedrooms
$1,732
Average
4 Bedrooms
$2,091
Average
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▼
Median Home Value
$339,631
Source: Zillow ZHVI
Est. monthly payment
$1,808/mo
20% down · 30yr · 7%

Is Pocatello, 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
$50,040/year
Local median income: $64,080
To buy a median home
$72,306/year
US national median: $75,000
💡 Based on a 2BR rent of $1,251/month and 20% down on a $339,631 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 Pocatello?

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

Should I Rent or Buy?

Break-even analysis using real Pocatello data

$
Home Value
$339,631
2BR Rent
$1,251/mo
Mortgage Rate
7%
Monthly P&I
$1,808/mo
🏠 Buy

Buying breaks even after 1 year — worth it if you stay 1+ years.

Total monthly buy cost: $2,501/movs rent: $1,251/mo
Estimates only. Excludes HOA, PMI (if <20% down), closing costs, and tax benefits. Assumes 5% return on invested down payment.

Mortgage Calculator

Estimate monthly payment for $339,631 home at 7% rate

20% — $67,926
3%50%
Estimated Monthly Payment
$1,808
per month · 30 years · 7% APR
Loan Amount
$271,705
Total Paid
$650,757
Total Interest
$379,052
Estimated only. Excludes taxes, insurance, HOA. Rate from FRED.

Living in Pocatello

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

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Frequently Asked Questions

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🏘️Neighborhoods in Pocatello

Compare rent & home prices by neighborhood

⚖️Rent vs Buy in Pocatello

Is it cheaper to rent or buy here?

💵Rent Affordability in Pocatello

Salary needed to afford rent here

🗺️All Cities in ID

See how Pocatello ranks statewide

⚖️Compare Pocatello

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📋ID Tenant Rights

Deposit limits, eviction laws & renters protections