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: . House prices in Idaho rose 12.6% in the first quarter of 2020. Boise, at 11.1 percent, was tops among the nation’s 100 largest metropolitan areas over the 12 months ending in Sept. 2019. 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.
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.”
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.
2020 Out of Reach Report
Affordable Rental Vacancy Rates
Did you know? A minimum of 9,255 Idahoans sought homeless services in 2019, according to the most recent “State of Homelessness in Idaho” report.
State of Homelessness in Idaho 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.