Power County, Idaho Housing Market Prices
Power 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 62% below the Idaho median Cheaper than 88% of counties in Idaho$149,596
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Median rent 38% below the Idaho median Cheaper than 88% of counties in Idaho$767
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Power County | Idaho Avg | US Average |
|---|---|---|---|
| Median Home Price | $149,596 | $394,140 | $248,835 |
| Price Trend (Annual %) | 20.3% | 14.3% | 7.5% |
| Median Gross Rent | $767 | $1,236 | $1,407 |
| Rent Trend (Annual %) | 2.6% | 6.2% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Power County is about 62% lower than in Idaho. Rent is about 38% lower than the Idaho average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2023
Median Rent Prices, 2015-2024
Both home prices and rent are rising in Power County, up about 20.3% and 2.6% a year respectively. Home prices are changing faster.
Median rent in Power County rose about 7.8% between 2015 and 2024, from $711 to $767. Over the same span, rent in Idaho rose about 66.6%.
Affordability
On average, housing unit costs 2.5 yearly household incomes in Power County.
Buying the median-priced home in Power County costs roughly 16.3 years of rent at the median monthly rate. That is a moderate price-to-rent ratio, where buying and renting are often similarly cost-effective in Power County. The price-to-rent ratio in Idaho is about 26.6.
| Metric | Power County | Idaho Avg | US Average |
|---|---|---|---|
| Median Home Price | $149,596 | $394,140 | $248,835 |
| Median Household Income | $60,894 | $78,141 | $80,455 |
| Price-to-Income Ratio | 2.5 | 5.0 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2023, the median home price in Power County rose about 45.5%, while median household income rose about 50.1% 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 | Power County | Idaho Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 69.9% | 64.8% | 58.5% |
| Rental Rate | 25.0% | 24.9% | 31.2% |
| Vacancy Rate | 5.1% | 10.3% | 10.2% |
| Median Tenure (years) | 13.0 | 14.0 | 15.0 |
| Median Year Moved In | 2013 | 2012 | 2011 |
Power County has a homeownership rate of 69.9%, higher than the Idaho average of 64.8%. Its housing vacancy rate is 5.1%, compared with 10.3% in Idaho.
Housing Stock
| Metric | Power County | Idaho Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.86 people | 2.64 people | 2.53 people |
| Median Structure Built Year | 1974 | 1987 | 1978 |
| Median Number of Rooms | 6.1 | 5.9 | 5.5 |
The typical housing unit in Power County was built around 1974. On average, 2.9 people live in a home with about 6.1 rooms, staying for about 13.0 years on average.
Power County, ID Housing Compared With Nearby Counties
Power County, ID is the smallest of the 4 counties compared here, 8,133 residents against a local median of 49,662. Where Power County, ID breaks from the counties next to it is median home price, sitting 50% below the local median of $301,627 at $149,596.
The counties themselves spread $390,728 on median home price, so Power County, ID sits at one end of an already wide local range rather than apart from it. Power County, ID has the 3rd highest median home price of the 4 areas compared here.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Power County, ID | 8,133 | $149,596 #3/4 | $767 #4/4 | 73.7% #2/4 |
| Bannock County, ID | 89,452 | $301,627 | $960 | 69.5% |
| Bingham County, ID | 49,662 | $439,475 | $873 | 80.5% |
| Minidoka County, ID | 22,208 | $48,747 | $899 | 69.2% |
Frequently Asked Questions
Common questions about the housing market in Power County, Idaho.
What is the median home price in Power County, Idaho?
The median home price in Power County, Idaho is $149,596, lower than the Idaho average of $394,140.
What is the average home price in Power County, Idaho?
The typical home price in Power County, Idaho, reported as the median sale price, is $149,596. 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 Power County, Idaho?
The median gross rent in Power County, Idaho is $767 per month, lower than the Idaho average of $1,236.
What was the median gross rent in Power County in 2020?
In 2020, the median gross rent in Power County, Idaho was $646 per month.
What is the price-to-rent ratio in Power County, Idaho?
The price-to-rent ratio in Power County, Idaho is about 16.3, meaning it would take roughly 16.3 years of rent payments at the median rent to equal the median home price. That is a moderate price-to-rent ratio, where buying and renting are often similarly cost-effective in Power County.
Are home prices or rent rising faster in Power County, Idaho?
Both home prices and rent are rising in Power County, up about 20.3% and 2.6% a year respectively. Home prices are changing faster.
What is the homeownership rate in Power County, Idaho?
69.9% of households in Power County, Idaho own their home, higher than the Idaho average of 64.8%.
What is the vacancy rate in Power County, Idaho?
The housing vacancy rate in Power County, Idaho is 5.1%, lower than the Idaho average of 10.3%.
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