Average Rent in Power County, ID↓ Rents falling 11.1% YoY🔻 3rd cheapest in ID
HUD FY2021 · Official government data · Updated annually · Metro pop. 8,018
Market Overview
Power County, ID has rental prices ranging from $614/month to $1,358/month in 2021, depending on unit size. The typical 1-bedroom apartment rents for $618/month — 56% below the national average of $1,400/month. With a median household income of $59,760/year, spending $618/month on a 1-bedroom represents 12% of gross income — within the recommended 30% threshold.
How Power County Compares
With an average 2-bedroom rent of $814/month, Power County ranks #41 most expensive of the 43 cities tracked in Idaho — more affordable than 97% of all US cities in our data.
The Power County Rental Market
The Power County, ID area has a population of about 8,018 and 25% 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 Power County, ID have fallen by $102/month (11.1%) over the past year, from $916 to $814. This rate of decrease is significant and reflects softening demand or increased inventory in the local market.
Affordability
To afford a 1-bedroom apartment in Power County, ID without exceeding the 30% housing cost guideline, a renter needs an annual income of approximately $24,720. The local median household income of $59,760 exceeds that threshold by $35,040, making Power County relatively accessible compared to local wages.
Economy & Jobs
Power 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 FY2021Is Power 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 Power County?
Break-even analysis and mortgage estimates based on local market data.
Should I Rent or Buy?
Break-even analysis using real Power County data
Renting appears to be the better financial choice for this scenario.
Living in Power County
Cost of living, job market, crime rates, and moving cost estimates.
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Frequently Asked Questions
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💵Rent Affordability in Power CountySalary needed to afford rent here
🗺️All Cities in IDSee how Power County ranks statewide
⚖️Compare Power CountySide-by-side rent & cost of living with any city
📋ID Tenant RightsDeposit limits, eviction laws & renters protections