Bonneville County, Idaho Housing Market Prices
Bonneville 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 4% below the Idaho median More expensive than 72% of counties in Idaho$378,543
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Median rent 8% below the Idaho median More expensive than 84% of counties in Idaho$1,133
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Bonneville County | Idaho Avg | US Average |
|---|---|---|---|
| Median Home Price | $378,543 | $394,140 | $248,835 |
| Price Trend (Annual %) | 15.9% | 14.3% | 7.5% |
| Median Gross Rent | $1,133 | $1,236 | $1,407 |
| Rent Trend (Annual %) | 5.7% | 6.2% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Bonneville County is about 4% lower than in Idaho. Rent is about 8% 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 Bonneville County, up about 15.9% and 5.7% a year respectively. Home prices are changing faster.
Median rent in Bonneville County rose about 57.4% between 2015 and 2024, from $720 to $1,133. Over the same span, rent in Idaho rose about 66.6%.
Affordability
On average, housing unit costs 4.7 yearly household incomes in Bonneville County.
Buying the median-priced home in Bonneville County costs roughly 27.8 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 Bonneville County. The price-to-rent ratio in Idaho is about 26.6.
| Metric | Bonneville County | Idaho Avg | US Average |
|---|---|---|---|
| Median Home Price | $378,543 | $394,140 | $248,835 |
| Median Household Income | $80,129 | $78,141 | $80,455 |
| Price-to-Income Ratio | 4.7 | 5.0 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Bonneville County rose about 179.7%, while median household income rose about 52.1% 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 | Bonneville County | Idaho Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 66.7% | 64.8% | 58.5% |
| Rental Rate | 26.3% | 24.9% | 31.2% |
| Vacancy Rate | 7.0% | 10.3% | 10.2% |
| Median Tenure (years) | 13.0 | 14.0 | 15.0 |
| Median Year Moved In | 2013 | 2012 | 2011 |
Bonneville County has a homeownership rate of 66.7%, higher than the Idaho average of 64.8%. Its housing vacancy rate is 7.0%, compared with 10.3% in Idaho.
Housing Stock
| Metric | Bonneville County | Idaho Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.89 people | 2.64 people | 2.53 people |
| Median Structure Built Year | 1986 | 1987 | 1978 |
| Median Number of Rooms | 6.6 | 5.9 | 5.5 |
The typical housing unit in Bonneville County was built around 1986. On average, 2.9 people live in a home with about 6.6 rooms, staying for about 13.0 years on average.
Bonneville County, ID Housing Compared With Nearby Counties
How Bonneville County, ID compares with the 2 counties closest to it.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Bonneville County, ID | 129,518 | $378,543 #3/3 | $1,133 #2/3 | 71.7% #3/3 |
| Teton County, ID | 12,425 | $720,070 | $1,319 | 80.8% |
| Bingham County, ID | 49,662 | $439,475 | $873 | 80.5% |
Frequently Asked Questions
Common questions about the housing market in Bonneville County, Idaho.
What is the median home price in Bonneville County, Idaho?
The median home price in Bonneville County, Idaho is $378,543, lower than the Idaho average of $394,140.
What is the average home price in Bonneville County, Idaho?
The typical home price in Bonneville County, Idaho, reported as the median sale price, is $378,543. 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 Bonneville County, Idaho?
The median gross rent in Bonneville County, Idaho is $1,133 per month, lower than the Idaho average of $1,236.
What was the median gross rent in Bonneville County in 2020?
In 2020, the median gross rent in Bonneville County, Idaho was $813 per month.
What is the price-to-rent ratio in Bonneville County, Idaho?
The price-to-rent ratio in Bonneville County, Idaho is about 27.8, meaning it would take roughly 27.8 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 Bonneville County.
Are home prices or rent rising faster in Bonneville County, Idaho?
Both home prices and rent are rising in Bonneville County, up about 15.9% and 5.7% a year respectively. Home prices are changing faster.
What is the homeownership rate in Bonneville County, Idaho?
66.7% of households in Bonneville County, Idaho own their home, higher than the Idaho average of 64.8%.
What is the vacancy rate in Bonneville County, Idaho?
The housing vacancy rate in Bonneville County, Idaho is 7.0%, lower than the Idaho average of 10.3%.
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