Caribou County, Idaho Housing Market Prices
Caribou 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 71% below the Idaho median Among the top 5 cheapest counties in Idaho$112,504
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Median rent 32% below the Idaho median Cheaper than 77% of counties in Idaho$846
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Caribou County | Idaho Avg | US Average |
|---|---|---|---|
| Median Home Price | $112,504 | $394,140 | $248,835 |
| Price Trend (Annual %) | 1.9% | 14.3% | 7.5% |
| Median Gross Rent | $846 | $1,236 | $1,407 |
| Rent Trend (Annual %) | 5.0% | 6.2% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Caribou County is about 71% lower than in Idaho. Rent is about 32% lower than the Idaho average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2019
Median Rent Prices, 2015-2024
Both home prices and rent are rising in Caribou County, up about 1.9% and 5.0% a year respectively. Rent is changing faster.
Median rent in Caribou County rose about 56.4% between 2015 and 2024, from $541 to $846. Over the same span, rent in Idaho rose about 66.6%.
Affordability
On average, housing unit costs 1.7 yearly household incomes in Caribou County.
Buying the median-priced home in Caribou County costs roughly 11.1 years of rent at the median monthly rate. That is a relatively low price-to-rent ratio, which tends to favor buying over renting in Caribou County. The price-to-rent ratio in Idaho is about 26.6.
| Metric | Caribou County | Idaho Avg | US Average |
|---|---|---|---|
| Median Home Price | $112,504 | $394,140 | $248,835 |
| Median Household Income | $68,001 | $78,141 | $80,455 |
| Price-to-Income Ratio | 1.7 | 5.0 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2019, the median home price in Caribou County rose about 2.3%, while median household income rose about 45.7% between 2009 and 2025 — income grew faster than the home price.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | Caribou County | Idaho Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 64.0% | 64.8% | 58.5% |
| Rental Rate | 14.4% | 24.9% | 31.2% |
| Vacancy Rate | 21.6% | 10.3% | 10.2% |
| Median Tenure (years) | 18.0 | 14.0 | 15.0 |
| Median Year Moved In | 2008 | 2012 | 2011 |
Caribou County has a homeownership rate of 64.0%, lower than the Idaho average of 64.8%. Its housing vacancy rate is 21.6%, compared with 10.3% in Idaho.
Housing Stock
| Metric | Caribou County | Idaho Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.85 people | 2.64 people | 2.53 people |
| Median Structure Built Year | 1974 | 1987 | 1978 |
| Median Number of Rooms | 6.6 | 5.9 | 5.5 |
The typical housing unit in Caribou County was built around 1974. On average, 2.9 people live in a home with about 6.6 rooms, staying for about 18.0 years on average.
Caribou County, ID Housing Compared With Nearby Counties
Caribou County, ID is the smallest of the 4 counties compared here, 7,162 residents against a local median of 89,452. Where Caribou County, ID breaks from the counties next to it is median home price, sitting 70% below the local median of $378,543 at $112,504.
The counties themselves sit within $137,848 of each other on median home price, a tighter band than the gap between any of them and Caribou County, ID, which makes it a genuine outlier here rather than one end of a wide local spread. Caribou County, ID has the 4th highest median home price of the 4 areas compared here.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Caribou County, ID | 7,162 | $112,504 #4/4 | $846 #4/4 | 81.6% #1/4 |
| Bonneville County, ID | 129,518 | $378,543 | $1,133 | 71.7% |
| Bannock County, ID | 89,452 | $301,627 | $960 | 69.5% |
| Bingham County, ID | 49,662 | $439,475 | $873 | 80.5% |
Frequently Asked Questions
Common questions about the housing market in Caribou County, Idaho.
What is the median home price in Caribou County, Idaho?
The median home price in Caribou County, Idaho is $112,504, lower than the Idaho average of $394,140.
What is the average home price in Caribou County, Idaho?
The typical home price in Caribou County, Idaho, reported as the median sale price, is $112,504. 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 Caribou County, Idaho?
The median gross rent in Caribou County, Idaho is $846 per month, lower than the Idaho average of $1,236.
What was the median gross rent in Caribou County in 2020?
In 2020, the median gross rent in Caribou County, Idaho was $625 per month.
What is the price-to-rent ratio in Caribou County, Idaho?
The price-to-rent ratio in Caribou County, Idaho is about 11.1, meaning it would take roughly 11.1 years of rent payments at the median rent to equal the median home price. That is a relatively low price-to-rent ratio, which tends to favor buying over renting in Caribou County.
Are home prices or rent rising faster in Caribou County, Idaho?
Both home prices and rent are rising in Caribou County, up about 1.9% and 5.0% a year respectively. Rent is changing faster.
What is the homeownership rate in Caribou County, Idaho?
64.0% of households in Caribou County, Idaho own their home, lower than the Idaho average of 64.8%.
What is the vacancy rate in Caribou County, Idaho?
The housing vacancy rate in Caribou County, Idaho is 21.6%, higher than the Idaho average of 10.3%.
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