Multi Family Homes for Sale in Idaho

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Frequently Asked Questions

Where is the cheapest place to buy a house in Idaho?

Burley is the cheapest place to buy a house in Idaho, with a median price of $311,525. The cost of living is also 16.4% lower than the national average.

Other affordable places include Pocatello, Blackfoot, and Twin Falls. Each of these has an average home price below $350K and generally offers a lower cost of living.

What is the average cost to buy a house in Idaho?

The average home price in Idaho is around $495,300, reflecting a 1.7% increase from last year. Despite the rise, Idaho's overall cost of living remains about 7% lower than the national average.

How many homes are available for sale in Idaho?

There are currently 10,637 homes for sale across Idaho. Of these, 4 are Idaho's hot properties and 80 are Idaho homes with no HOA fees.

What are the average HOA fees in Idaho?

HOA fees in Idaho are generally more affordable than in many other states. On average, homeowners pay between $100 and $300 per month, depending on the property's type, location, and available amenities.

In cities like Boise or Coeur d'Alene, condo HOA fees tend to be higher, often ranging from $200 to $400 per month. In smaller towns such as Rexburg, Emmett, and Jerome, single-family home fees are usually closer to $100 to $200 monthly.

Overall, Idaho's HOA fees are moderate. It is important to check what the fee includes. Some cover landscaping, snow removal, or shared facilities, while others offer fewer services.

What is the average utility cost in Idaho?

The average monthly utility cost for a household in Idaho is around $445, which includes electricity, gas, water, trash, and internet. This is about 18% lower than the national average, making Idaho one of the more affordable states for utilities.

Electricity averages $114 per month, though bills may rise in the winter and drop during summer. Natural gas costs around $75 monthly, while water, trash, and internet make up the rest.

Costs may vary depending on the season and location. Still, overall, utilities in Idaho remain reasonably priced.

Is it smarter to rent or buy a home in Idaho?

Buying is often a smart long-term decision in Idaho's housing market. The median home price is around $495,300, and property taxes are relatively low. Monthly mortgage payments can be similar to or even lower than rent in many areas.

The average rent in Idaho is about $1,437 per month. In cities like Boise or Meridian, rent can match or exceed mortgage payments, depending on the home. Buying also allows you to build equity and may offer tax benefits.

However, renting makes sense if you plan to move soon or want fewer responsibilities. It comes with lower upfront costs and more flexibility. Use a mortgage calculator to compare monthly costs and decide what fits your budget and timeline.

What's the safest place to live in Idaho?

Rexburg is considered the safest city in Idaho. It reports just 0.2 violent crimes and 4.1 property crimes per 1,000 residents. The city is known for its tight-knit community, low crime rate, and family-oriented atmosphere.

Other safe cities include Eagle, Meridian, Moscow, and Hailey. These areas feature well-maintained neighborhoods, excellent schools, and strong public safety services. Each offers a secure and welcoming environment for families, students, and retirees alike.

Can a foreigner buy a house in Idaho?

Yes, foreigners are allowed to buy a house in Idaho. There are no restrictions on residential property ownership based on citizenship or immigration status. You don't need to be a US resident or hold a specific visa to make a purchase.

However, buying property as a non-citizen may involve extra steps. Foreign buyers often need a valid passport, an Individual Taxpayer Identification Number (ITIN), and proof of income or funds. While mortgages are available, they usually require larger down payments and come with stricter terms.

What are the disadvantages of moving to Idaho?

Limited public transportation: Most cities don't have reliable transit systems. This makes it hard for non-drivers to commute or get around easily.

Rising housing costs: Home prices and rents have gone up, especially in Boise. This makes it harder for newcomers to find affordable places to live.

Harsh winters in some regions: Northern and eastern areas see heavy snow and freezing temperatures. This can raise heating costs and make travel difficult.

Job market limitations: The state's economy is smaller and centered on traditional industries. This can limit opportunities for those in tech, finance, or specialized professional roles.

Is Idaho a good place to live?

Yes, Idaho is a great place to live for those who value nature, affordability, and space. The cost of living is about 7% below the national average. Everyday expenses like housing, groceries, and healthcare are more manageable.

Meridian is one of the top cities in the state. It has excellent schools, low crime, and good job access. The median home price is around $490,000, offering strong value for its quality of life.

Idaho also offers hiking, skiing, rivers, and open landscapes. Winters can be cold, and public transit is limited in rural areas. Still, it's a peaceful and practical choice for families, professionals, and retirees.
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    Based on information from California Regional Multiple Listing Service, Inc. as of Aug 27, 2026, 1:45 PM and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. © 2024 California Regional Multiple Listing Service. All Rights Reserved.

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    Based on information from CDA Regional REALTORS® or its Multiple Listing Service through Aug 27, 2026, 1:45 PM The IDX information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS. © 2024 CDA Regional REALTORS®. All Rights Reserved.

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    Based on information from the Snake River Regional MLS through Aug 27, 2026, 1:45 PM. IDX information is provided exclusively for consumers(U+0027) personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. While the data is considered reliable, it is not guaranteed by the MLS and should be independently verified for accuracy. © 2024 Snake River Regional Multiple Listing Service (owned and operated by the Greater Idaho Falls Association of REALTORS®, the Greater Blackfoot Association of REALTORS®, and the Upper Valley Association of REALTORS® . All Rights Reserved.

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143

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$ 624,049

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