The 10 Most Affordable Places To Live In Idaho In 2023


The most affordable places to live in Idaho for 2023 are Emmett, Burley, and Payette according to Saturday Night Science.

Idaho has some of the fastest-growing and most affordable places around.

Flourishing companies like Albertsons in Boise and the Idaho Candy Company in Owyhee fuel the demand for Idaho real estate. But, there are still inexpensive places to live in the potatoes-producing state if you know where to look. So, where exactly should you look for the cheapest places to live in Idaho?

Using Saturday Night Science, we analyzed US Census data on home prices, median income, and overall cost of living for every place in Idaho to identify where you should plant your spuds.


Table Of Contents: Top Ten | Methodology | Table | FAQs | Summary


The 10 most affordable places to live in Idaho

  1. Emmett
  2. Burley
  3. Payette
  4. Blackfoot
  5. Pocatello
  6. Jerome
  7. Rupert
  8. Fruitland
  9. Chubbuck
  10. Lewiston

What’s the cheapest place to live in Idaho? While the competition was fierce, the cheapest place to live in Idaho for 2023 is Emmett.

If you care about home values and affordability in Idaho, look at the list below; if you don’t find your favorite there, head to the bottom for a complete list of affordable places to live in Idaho.

Check out some more reading about Idaho and the cheapest places in the country:

The 10 Cheapest Places To Live In Idaho For 2023

Emmett, ID

Source: Public domain
Overall SnackAbility

6
/10

Population: 7,408
Median Income: $50,139
Median Home Price: $161,400
Median Rent: $680
Home Price To Income Ratio: 3.2x
Rent To Income Ratio: 0.16x
More on Emmett: Data | Crime | Cost Of Living | Real Estate

Emmett, Idaho is a great place to live for those looking for an affordable option. With a median home value of $161,400 and median rent of just $680, the cost of living in Emmett is below the national average. Additionally, the cost of living index is 89.0, making it an ideal spot for those who want to stretch their dollar further.

As the county seat and the only city in Gem County, Emmett has a small-town feel with easy access to larger cities like Boise. Outdoor enthusiasts will appreciate Emmett’s proximity to the Payette River and nearby hiking trails. And with a low unemployment rate of just 2.21%, there are plenty of job opportunities available for those who choose to call Emmett home.

Burley, ID

Source: Public domain
Overall SnackAbility

6
/10

Population: 11,274
Median Income: $52,086
Median Home Price: $147,100
Median Rent: $786
Home Price To Income Ratio: 2.8x
Rent To Income Ratio: 0.18x
More on Burley: Data | Cost Of Living | Real Estate

We’ll take a short drive southwest from Rupert to arrive at our second most affordable place in Idaho, Burley. Burley is located on the south bank of Snake River, one of the premier spots to waterski, windsurf, and fish in southern Idaho.

Buying a home in Burley will set you back about $147,100, the third lowest price in Idaho. The median income in Burley is $52,086, giving the city the third best home price to income ratio in Idaho.

Payette, ID

Source: Wikipedia User Ian Poellet | CC BY-SA 4.0
Overall SnackAbility

5
/10

Population: 7,999
Median Income: $49,683
Median Home Price: $160,500
Median Rent: $736
Home Price To Income Ratio: 3.2x
Rent To Income Ratio: 0.18x
More on Payette: Data | Crime | Cost Of Living | Real Estate

If you’re a sucker for a good deal, there’s nowhere better in Idaho than Payette, a little city an hour northwest of Boise. Payette boasts the fourth cheapest homes statewide, with a median price of $160,500. And with a median income of $49,683, Payette residents pay the sixth smallest percentage of their salaries on homes anywhere in Idaho. On top of that, folks in Payette enjoy the 11th best rent to income ratio in the state. If you do decide to settle down in Payette, be sure to mark the annual week-long Apple Blossom Festival on your calendar.

Review Of Payette by HomeSnacks User

That’s just a few incidents in one small town,,Every town has issues,,Let’s take a look at the big cities,, Detroit filed for bankruptcy,,The CITY is all but abandoned,, Halloween people burn down houses for sport,, Homeless People freezing on Church Doorsteps,,Most of the businesses are run by people who aren’t citizens and g*d forbid you have a life threatening situation and have to be ambulanced to the hospital because it will take hours for them to get to you if they decide to show up at all,,then if you do manage to make it,you spend an hour going through security before you are triaged and treated,,Children run the streets 24/7 unsupervised and if they go to school,,the usually end up dropping out before they reach middle school,, Idaho is full of small town communities where people help eachother and a handshake still means something,,Jus because we live in Payette does NOT mean we are living in poverty,,are uneducated or poor,, Crime is everywhere not just in Small Town Idaho

Blackfoot, ID

Source: Wikipedia User sporst | CC BY 2.0
Overall SnackAbility

6
/10

Population: 12,106
Median Income: $51,971
Median Home Price: $171,700
Median Rent: $696
Home Price To Income Ratio: 3.3x
Rent To Income Ratio: 0.16x
More on Blackfoot: Data | Crime | Cost Of Living | Real Estate

Located between Idaho Falls and Pocatello, Blackfoot ranks as the fourth least expensive place to call home in the Gem State. Rent in Blackfoot is absurdly cheap, with a median price of $696; that’s less than half the average rent in Idaho. Even more importantly, with a median income of $51,971, Blackfoot residents get the fourth best deal on rent statewide. If you decide you like Blackfoot enough to settle down for good, a home will set you back about $171,700.

But if you’re just visiting Blackfoot, be sure to take advantage of the “free taters for out of staters” deal at the Idaho Potato Museum.

Pocatello, ID

Source: Public domain
Overall SnackAbility

6
/10

Population: 55,865
Median Income: $51,293
Median Home Price: $165,900
Median Rent: $714
Home Price To Income Ratio: 3.2x
Rent To Income Ratio: 0.17x
More on Pocatello: Data | Crime | Cost Of Living | Real Estate

As one of the biggest cities in Idaho, Pocatello proves that you can have all the convenience of a large place without paying a large price. Pocatello is home to the Idaho Museum of Natural History, but if you’re looking for a more unique historical perspective, the Museum of Clean is a great place to spend the day. Homes in Pocatello are the eighth cheapest in Idaho, with a median price of $165,900. Pocatello residents also pay the seventh smallest percentage of their income on rent in Idaho.

Jerome, ID

Source: Wikipedia User Ian Poellet | CC BY-SA 3.0
Overall SnackAbility

5
/10

Population: 12,182
Median Income: $54,535
Median Home Price: $168,200
Median Rent: $804
Home Price To Income Ratio: 3.1x
Rent To Income Ratio: 0.18x
More on Jerome: Data | Crime | Cost Of Living | Real Estate

Jerome, Idaho, is located in a rural area in the southern part of the state. To give you an idea of what life is like in the region: dairy farming makes a major contribution to the town’s economy. But Jerome is more than just a good place for cows. It’s also the number 6 most affordable place in Idaho for people to call home.

Home prices are cheap in Jerome, a town of 12,182 people. The median home value sits at $168,200. Just to put that number in context, that ranks as the ninth mark in the state. Rents are similarly affordable, with a median value of $804 per month.

Looking at the general economy for the region, the median income stands at $54,535. The unemployment rate comes in at 3.37%.

Given its location, life is relatively rustic in Jerome. However, residents do have access to Idaho’s natural beauty. For instance, the Craters of the Moon National Monument and Preserve is about two hours away. For a weekend getaway, folks in Jerome can head to Boise, the state’s capital and biggest city, also about a two-hour drive away.

Rupert, ID

Source: Wikipedia User Tom Young | CC BY-SA 3.0
Overall SnackAbility

5
/10

Population: 5,994
Median Income: $45,227
Median Home Price: $123,700
Median Rent: $748
Home Price To Income Ratio: 2.7x
Rent To Income Ratio: 0.2x
More on Rupert: Data | Crime | Cost Of Living | Real Estate

You’d find it nearly impossible to find a lower price on homes than in Rupert, our seventh cheapest city in Idaho. That’s because, at a median price of $123,700, Rupert has the first least expensive homes in the state. Even better, Rupert enjoys the best home price to income ratio in Idaho. Rupert is also one of the best cities for families in Idaho, you if you’re just starting a new family without much in the way of excess funds, Rupert’s got you covered. And don’t worry about being bored here; we promise that there are loads of things to do on a budget in Rupert.

Rupert is located in southern Idaho, between Pocatello and Twin Falls.

Fruitland, ID

Source: Flickr User roland | CC BY 2.0
Overall SnackAbility

7
/10

Population: 5,903
Median Income: $59,712
Median Home Price: $165,300
Median Rent: $917
Home Price To Income Ratio: 2.8x
Rent To Income Ratio: 0.18x
More on Fruitland: Data | Crime | Cost Of Living | Real Estate

Fruitland, Idaho is a great place to live for those looking for an affordable option. With a median home value of $165,300 and a median rent of $917, the cost of living is quite reasonable compared to other places in Idaho.

In addition to being affordable, Fruitland also boasts a strong economy with an unemployment rate of just 2.51%. Its location along Route 95 in the Treasure Valley makes it an ideal spot for those looking for easy access to both Boise and Oregon. Fruitland offers a great quality of life at an affordable price point, making it a top choice for those looking to settle down in Idaho.

Chubbuck, ID

Source: Wikipedia User Ken Lund | CC BY-SA 2.0
Overall SnackAbility

8
/10

Population: 15,445
Median Income: $65,619
Median Home Price: $224,000
Median Rent: $886
Home Price To Income Ratio: 3.4x
Rent To Income Ratio: 0.16x
More on Chubbuck: Data | Crime | Cost Of Living | Real Estate

As an affluent suburb of Pocatello, the cost of housing in Chubbuck is a bit pricier than the preceding cities on this list. To give you an idea, the median home price in Chubbuck is $224,000 and the median rent is $886. However, Chubbuck’s residents are also among the best-paid on this list, with a median income of $65,619. That gives Chubbuck the tenth best home price to income and fifth best rent to income ratio in Idaho.

If you’re worried that there won’t be enough free things to do in your free time, consider that Chubbuck has over 20 parks, so you will never be bored.

Lewiston, ID

Source: Wikipedia User Iidxplus at English Wikipedia | GFDL
Overall SnackAbility

6
/10

Population: 33,964
Median Income: $60,581
Median Home Price: $222,000
Median Rent: $787
Home Price To Income Ratio: 3.7x
Rent To Income Ratio: 0.16x
More on Lewiston: Data | Crime | Cost Of Living | Real Estate

Lewiston, located in north central idaho, is one of the cheapest places to live in the state. With a median home value of $222,000 and median rent of just $787, residents can enjoy a lower cost of living compared to other cities in Idaho.

The city offers a small-town feel with easy access to outdoor activities like hiking, fishing, and boating. Plus, with a low unemployment rate of just 3.21%, job opportunities are available for those looking to relocate.

Cheapest places to live in Idaho FAQs

The county in Idaho with the lowest cost of living is Adams County. The average living wage in Adams County is $81,054 according to MIT data. Adams County has the lowest cost of living because it has relatively less expensive childcare and housing costs compared to Idaho as a whole. Childcare costs $10,277 a year in Adams County for two children compared to the Idaho average of $12,392. Housing costs, defined as a blend of the average rent and average mortgage payment, are $8,808 per year in Adams County compared to $10,812 on average in Idaho.

The cost of living in Idaho is 4.5% lower than the US average. According to MIT, the required living wage for a family of four with two working parents in Idaho is $85,747 vs the national average for a family of four with two working parents of $89,744. The median income of a Idaho household is $58,915.

The cheapest housing market in Idaho is Weiser. The average home value in Weiser is $122,100, the lowest in the state. The average home value in Idaho is $235,600, almost 1.9 times higher than Weiser.

Methodology: How we determined the most affordable places to live in the Gem State for 2023

Map Of The Cheapest Places To Live In Idaho
Determining affordability for places in Idaho boils down to two factors:

  1. How much money do I make?
  2. How much does it cost to live here?

You need to understand your costs in the context of how much money you make to determine affordability. For example, imagine a place in Idaho where median incomes are $100,000 and housing costs $200,000 to buy. That’s more affordable than living in a place with a median income of $50,000 where houses cost $101,000. The ratio of income to home prices is higher in the first example.

With that logic in mind, we derived several cost of living statistics from the latest Census American Community Survey 2017-2021 for Idaho. The cost of living statistics are:

  • Median Home Price / Median Income (lower is better)
  • Median Rent / Median Income (lower is better)
  • Median Home Price

You can include median home price as a stand alone variable because high home prices generally correlate with higher costs for all goods and services (heating, electricity, food, etc). You then compare these cost of living metrics for each place in Idaho to figure out which is the least expensive.

We aggregate those rankings into a “Cost of Living Index” for each city in Idaho. The “Cost of Living Index” allows you to rank all of the 33 places in Idaho that have more than 5,000 people from least expensive to most expensive.

The place in Idaho with the lowest cost of living according to the data is Emmett.

We updated this article for 2023. This reports reflects our tenth time ranking the cheapest places to live in Idaho.

Idaho Affordabilility Summary

This is an accurate list of the most affordable places to live in Idaho for 2023, if you’re looking at the cost of living numbers in Idaho.

Here’s a look at the most expensive cities in Idaho according to the data:

  1. Sandpoint
  2. Hayden
  3. Rexburg

For more Idaho reading, check out:

Cheapest Places To Live In Idaho

Rank City Population Median Income Home Prices Rent Home Price To Income Rent To Income
1 Emmett 7,408 $50,139 $161,400 $680 3.2x 0.16x
2 Burley 11,274 $52,086 $147,100 $786 2.8x 0.18x
3 Payette 7,999 $49,683 $160,500 $736 3.2x 0.18x
4 Blackfoot 12,106 $51,971 $171,700 $696 3.3x 0.16x
5 Pocatello 55,865 $51,293 $165,900 $714 3.2x 0.17x
6 Jerome 12,182 $54,535 $168,200 $804 3.1x 0.18x
7 Rupert 5,994 $45,227 $123,700 $748 2.7x 0.2x
8 Fruitland 5,903 $59,712 $165,300 $917 2.8x 0.18x
9 Chubbuck 15,445 $65,619 $224,000 $886 3.4x 0.16x
10 Lewiston 33,964 $60,581 $222,000 $787 3.7x 0.16x
11 Idaho Falls 64,399 $57,412 $204,600 $856 3.6x 0.18x
12 Weiser 5,578 $39,233 $129,700 $732 3.3x 0.22x
13 Ammon 17,401 $68,131 $245,300 $993 3.6x 0.17x
14 Twin Falls 51,223 $53,936 $192,900 $837 3.6x 0.19x
15 Preston 5,545 $48,651 $201,400 $714 4.1x 0.18x
16 Caldwell 58,872 $59,795 $218,100 $939 3.6x 0.19x
17 Mountain Home 15,863 $45,652 $164,100 $892 3.6x 0.23x
18 Middleton 9,091 $59,230 $257,400 $885 4.3x 0.18x
19 Star 10,929 $75,120 $344,500 $996 4.6x 0.16x
20 Nampa 98,881 $57,552 $223,100 $1,073 3.9x 0.22x
21 Rathdrum 9,099 $67,931 $266,300 $1,131 3.9x 0.2x
22 Kuna 23,765 $75,684 $267,300 $1,469 3.5x 0.23x
23 Hailey 9,001 $63,831 $419,800 $638 6.6x 0.12x
24 Moscow 25,336 $49,251 $251,700 $776 5.1x 0.19x
25 Meridian 115,227 $85,201 $349,400 $1,318 4.1x 0.19x
26 Garden City 12,056 $54,540 $254,700 $997 4.7x 0.22x
27 Post Falls 38,162 $65,592 $286,800 $1,098 4.4x 0.2x
28 Boise City 231,537 $68,373 $322,300 $1,103 4.7x 0.19x
29 Eagle 29,665 $99,814 $488,500 $1,516 4.9x 0.18x
30 Coeur d’Alene 53,189 $59,699 $309,000 $1,084 5.2x 0.22x
31 Rexburg 33,684 $44,034 $264,000 $841 6.0x 0.23x
32 Hayden 15,316 $61,124 $292,300 $1,238 4.8x 0.24x
33 Sandpoint 8,448 $53,567 $309,900 $1,062 5.8x 0.24x
About Chris Kolmar

Chris Kolmar has been in the real estate business for almost ten years now. He originally worked for Movoto Real Estate as the director of marketing before founding HomeSnacks.

He believes the key to finding the right place to live comes down to looking at the data, reading about things to do, and, most importantly, checking it out yourself before you move.

If you've been looking for a place to live in the past several years, you've probably stumbled upon his writing already.

You can find out more about him on LinkedIn or his website.