Idaho Falls, Idaho Rental Market Trends

Disclaimer:

Any shifts in rent prices brought forth by the COVID-19 pandemic are not yet reflected in the statistics on this page. Please bear this in mind when referencing the data below, as it may not accurately describe the current context of the Idaho Falls, Idaho rental market.

Idaho Falls, Idaho

Average Apartment Rent

$1,620

Y-o-Y Change in Average
Apartment Rent

Infinity%

As of June 2026

Compared to a year ago, Idaho Falls, Idaho apartments have recorded a Infinity% rent increase.

Idaho Falls, Idaho Average Apartment Rent

Idaho Falls, Idaho Apartment rent ranges

Under $1,000
$1,001 - $1,500
$1,501 - $2,000
$2,001 - $2,500
$2,501 - $3,000
Over $3,000

At 49.11%, apartments priced $1,500 - $2,000 represent the bulk of Idaho Falls, Idaho rentals, while condos priced Under $1,000 hold the lowest share of the market – 0.23%.

Idaho Falls, Idaho Housing tenure**

Renter occupied housing units 8,847
Owner occupied housing units 15,077

Renters take up 37% of Idaho Falls, Idaho real estate, occupying a total of 8,847 units, while homeowners live in 15,077 properties.

Median number of rooms of renter-occupied housing units**

4.2

Renter median household income**

$44,342

Average household size of renter-occupied housing units**

2.29

Rental vacancy rate**

4.1%

Idaho Falls, Idaho Renter-occupied housing units by no. of bedrooms**

No bedrooms 426
1 bed 1,941
2 beds 4,102
3 beds 1,471
4 beds 561
5 or more beds 346

There are 4,102 rentals in Idaho Falls, Idaho with 2 beds making up the highest share of the market, at 46%. Units with 5 or more beds, on the other hand, hold the lowest percentage (4%), amounting to 346 units. Overall, the median number of rooms in Idaho Falls, Idaho homes for rent is 4.2.

Idaho Falls, Idaho Renter-occupied units by age of householder**

15 - 24 years 1,258
25 - 34 years 2,483
35 - 44 years 1,574
45 - 54 years 976
55 - 59 years 841
60 - 64 years 461
65 - 74 years 591
75 - 84 years 374
85 years and over 289

Most condos for rent in Idaho Falls, Idaho are occupied by residents in the 25 - 34 years age group (28%), followed by those in the 35 - 44 years age group (18%). At the same time, people in the 85 years and over age group make up the lowest share of the local rental market – 3%.

Idaho Falls, Idaho Renter-occupied housing units by family type**

Family households 4,161
Non-Family Households 4,686

Idaho Falls, Idaho Renter-occupied housing units by the presence of own children**

With related children of the householder under 18 2,880
No related children of the householder under 18 5,967

A total of 4,161 apartments for rent in Idaho Falls, Idaho, or 47% of all rentals are family households. Additionally, 33% of rental homes include children under the age of 18 – that’s 2,880 units. All in all, the median size of a renter-occupied household in Idaho Falls, Idaho is 2.29.

Idaho Falls, Idaho Renter-occupied housing units by educational attainment**

Less than high school graduate 946
High school graduate (including equivalency) 2,801
Some college or associate's degree 3,512
Bachelor's degree or higher 1,588

In terms of education, renters holding bachelor degrees or higher make up 18% of the rental market. In contrast, residents with less than a high school degree reside in 11% of the homes for rent in Idaho Falls, Idaho.

Idaho Falls, Idaho Renter-occupied units by year structure built**

Built 2010 - 2019 738
Built 2000 - 2009 953
Built 1990 - 1999 1,106
Built 1980 - 1989 924
Built 1970 - 1979 1,685
Built 1960 - 1969 920
Built 1950 - 1959 1,152
Built 1940 - 1949 307
Built 1939 or earlier 1,042

The highest share of Idaho Falls, Idaho apartment rentals, namely 19% or 1,685 units, were Built 1970 - 1979, followed by those Built 1950 - 1959 (13%, 1,152 units), and the ones Built 1990 - 1999 (13%, 1,106 units).

Idaho Falls, Idaho Renter-occupied units by year householder moved in**

Moved in 2021 or later 815
Moved in 2018 to 2020 4,101
Moved in 2010 to 2017 3,119
Moved in 2000 to 2009 744

Median year renter moved into unit 2018

Most Idaho Falls, Idaho renters (46%) moved in 2018 to 2020, while only 8% of them moved in 2000 to 2009. Overall, the median year renters have occupied their Idaho Falls, Idaho condos for rent is 2018.

Idaho Falls, Idaho Renter-occupied housing units by vehicles available**

No vehicle available 942
1 vehicle available 3,492
2 vehicles available 3,227
3 vehicles available 1,049
4 or more vehicles available 137

When it comes to transportation options, 39% of Idaho Falls, Idaho renters have 1 vehicle available per household, 36% of them have 2 vehicles available, and 12% have 3 vehicles available.

Idaho Falls, Idaho Means of transportation to work of householders living in renter-occupied housing units**

Car, truck, or van - drove alone 7,592
Car, truck, or van - carpooled 883
Public transportation (excluding taxicab) 145
Walked 311
Taxicab, motorcycle, bicycle, or other means 231
Worked at home 757

Idaho Falls, Idaho Geographical mobility in the past year for householders living in renter-occupied housing units**

Same house as 1 year ago 13,328
Moved within same county 3,485
Moved from different county within same state 1,275
Moved from different state 1,512
Moved from abroad 145

The rental statistics on this page were compiled using data provided by our sister company, Yardi Matrix, an apartment market intelligence solution which offers comprehensive information on all Idaho Falls, Idaho apartment buildings 50 units or larger. Yardi Matrix covers ~80% of the U.S. metro area population, including over 80,000 properties and 15.2 million apartments across 124 U.S. markets.

*Average single-family rent calculated from point2homes.com data.

**Data sourced from U.S. Census Bureau; American Community Survey, 2022 American Community Survey 5-Year Estimates

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