Bear Lake County, Idaho Housing Market Prices
Bear Lake County Home Prices and Rent at a Glance
The median home price (often called the average home price), rent costs, affordability metrics, and housing stock characteristics for this housing market.
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Median home price 27% below the Idaho median$286,110
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Median rent 49% below the Idaho median Among the top 3 cheapest counties in Idaho$632
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Bear Lake County | Idaho Avg | US Average |
|---|---|---|---|
| Median Home Price | $286,110 | $394,140 | $248,835 |
| Price Trend (Annual %) | 11.9% | 14.3% | 7.5% |
| Median Gross Rent | $632 | $1,236 | $1,407 |
| Rent Trend (Annual %) | 1.8% | 6.2% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Bear Lake County is about 27% lower than in Idaho. Rent is about 49% lower than the Idaho average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2024
Median Rent Prices, 2015-2024
Both home prices and rent are rising in Bear Lake County, up about 11.9% and 1.8% a year respectively. Home prices are changing faster.
Median rent in Bear Lake County rose about 13.2% between 2015 and 2024, from $558 to $632. Over the same span, rent in Idaho rose about 66.6%.
Affordability
On average, housing unit costs 3.8 yearly household incomes in Bear Lake County.
Buying the median-priced home in Bear Lake County costs roughly 37.8 years of rent at the median monthly rate. That is a relatively high price-to-rent ratio, which tends to favor renting over buying in Bear Lake County. The price-to-rent ratio in Idaho is about 26.6.
| Metric | Bear Lake County | Idaho Avg | US Average |
|---|---|---|---|
| Median Home Price | $286,110 | $394,140 | $248,835 |
| Median Household Income | $75,298 | $78,141 | $80,455 |
| Price-to-Income Ratio | 3.8 | 5.0 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Bear Lake County rose about 188.6%, while median household income rose about 51.3% between 2009 and 2025 — the home price grew faster than income.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | Bear Lake County | Idaho Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 50.7% | 64.8% | 58.5% |
| Rental Rate | 5.9% | 24.9% | 31.2% |
| Vacancy Rate | 43.3% | 10.3% | 10.2% |
| Median Tenure (years) | 18.0 | 14.0 | 15.0 |
| Median Year Moved In | 2008 | 2012 | 2011 |
Bear Lake County has a homeownership rate of 50.7%, lower than the Idaho average of 64.8%. Its housing vacancy rate is 43.3%, compared with 10.3% in Idaho.
Housing Stock
| Metric | Bear Lake County | Idaho Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.89 people | 2.64 people | 2.53 people |
| Median Structure Built Year | 1969 | 1987 | 1978 |
| Median Number of Rooms | 7.0 | 5.9 | 5.5 |
The typical housing unit in Bear Lake County was built around 1969. On average, 2.9 people live in a home with about 7.0 rooms, staying for about 18.0 years on average.
Bear Lake County, ID Housing Compared With Nearby Counties
How Bear Lake County, ID compares with the 1 counties closest to it.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Bear Lake County, ID | 6,650 | $286,110 #1/2 | $632 #2/2 | 89.5% #1/2 |
| Cache County, UT | 139,938 | $239,881 | $1,213 | 63.6% |
Frequently Asked Questions
Common questions about the housing market in Bear Lake County, Idaho.
What is the median home price in Bear Lake County, Idaho?
The median home price in Bear Lake County, Idaho is $286,110, lower than the Idaho average of $394,140.
What is the average home price in Bear Lake County, Idaho?
The typical home price in Bear Lake County, Idaho, reported as the median sale price, is $286,110. The median is used instead of a mathematical average because it is not skewed by a small number of very expensive or very cheap homes, so it better reflects what a typical buyer pays.
What is the median rent in Bear Lake County, Idaho?
The median gross rent in Bear Lake County, Idaho is $632 per month, lower than the Idaho average of $1,236.
What was the median gross rent in Bear Lake County in 2020?
In 2020, the median gross rent in Bear Lake County, Idaho was $576 per month.
What is the price-to-rent ratio in Bear Lake County, Idaho?
The price-to-rent ratio in Bear Lake County, Idaho is about 37.8, meaning it would take roughly 37.8 years of rent payments at the median rent to equal the median home price. That is a relatively high price-to-rent ratio, which tends to favor renting over buying in Bear Lake County.
Are home prices or rent rising faster in Bear Lake County, Idaho?
Both home prices and rent are rising in Bear Lake County, up about 11.9% and 1.8% a year respectively. Home prices are changing faster.
What is the homeownership rate in Bear Lake County, Idaho?
50.7% of households in Bear Lake County, Idaho own their home, lower than the Idaho average of 64.8%.
What is the vacancy rate in Bear Lake County, Idaho?
The housing vacancy rate in Bear Lake County, Idaho is 43.3%, higher than the Idaho average of 10.3%.
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