Housing, rental market and homelessness data for Idaho

Homeownership Market and Needs

Did you know? Idaho has had the highest annual home price appreciation in the U.S. since the third quarter of 2019, according to Federal Housing Finance Agency data.

Housing Price Index

What the HPI says about Idaho: Idaho led the nation in home price appreciation over the last 5 years. However, appreciation has fallen significantly over the past year to just below the national average. In the third quarter of 2022, Idaho was ranked 43th for home price appreciation, with prices rising nearly 9 percent year over year. Nationally, home prices increased 12.4 percent during that same timeframe. In Boise, Idaho’s largest metro area, prices increased by nearly 3 percent. Over the last 30 years, prices in Boise have climbed 594 percent, while Idaho has seen prices jump 516 percent. Explore the data.

IHFA's Housing Needs Assessment

What IHFA’s Housing Needs Assessment says about Idaho: Forty-two percent of Idaho households are considered low- to moderate-income, earning 80% of the Area Median Income (AMI) or less.

Housing Insecurity

Did you know? “Housing insecurity is an umbrella term that encompasses a variety of circumstances and indicates risks to attaining and maintaining safe and stable housing. Some of these indicators include increasing rent and home prices, decreasing vacancy rate, household income and the amount of household income spent on housing.”

Read the full report from the University of Idaho’s McClure Center for Public Policy Research. See here for county-by-county data.

HUD Housing Affordability Data

What HUD’s Comprehensive Housing Affordability Strategy (CHAS) data says about Idaho: Only half of the state’s rental units are affordable (30% of monthly income) to Idaho residents. There are more than 41,000 renter households that are housing cost-burdened. The largest group is those earning 0-30% of the Area Median Income. There are nearly 52,000 homeowner households who are housing cost-burdened. Explore the data.

Asset Limited, Income Constrained, Employed Data

What the ALICE data says about Idaho: In 2018 (the most recent study), 40% of Idaho households struggled to make ends meet. While 12% of these households were living below the Federal Poverty Level, another 28% were ALICE: Asset Limited, Income Constrained, Employed. Explore the data.

Rental Market and Needs

Did you know? An Idahoan working at minimum wage ($7.25 an hour) has to work 72 hours a week to afford a one-bedroom rental home at HUD’s monthly Fair Market Rent ($680), according to the National Low-Income Housing Coalition.

COVID-19 Impact

Pandemic’s toll on renters: The impacts of COVID-19 have left a number Americans catastrophically delinquent on their rent. While all communities are feeling the effects of the pandemic in some form or another, the situation can vary dramatically. A report by Surgo Ventures looks at the impact COVID-19 is having on renters across the country, outlining the situation in Idaho and what parts of the state are struggling the most. Explore the data.

2020 Out of Reach Report

What the “Out of Reach” report says about Idaho: There is a shortage of rental homes that are affordable and available to extremely low-income Idaho households whose incomes are at or below the poverty guideline or 30% of the area median income. Many of these households are severely cost-burdened, spending more than half of their income on housing. Severely cost-burdened and poor households are more likely than other renters to sacrifice other necessities like healthy food and healthcare to pay the rent and to experience unstable housing situations like evictions. Explore the data.

Homelessness Needs

Did you know? A minimum of 11,051 Idahoans received homeless services in 2022, according to the most recent “State of Homelessness in Idaho” report.

State of Homelessness in Idaho Report

2022 Homelessness Community Report

Point In Time Count

What the Point In Time count says about Idaho: In the past decade, Idaho’s unsheltered homeless population has increased 23%. The increase can be mostly attributed to improved counting efforts and rising housing costs in the state. Explore the data.

Housing in Idaho: Our Markets, Needs and Priorities