Housing decision brief
Bear Lake County, ID Housing Market
Bear Lake County screens as a below-state purchase price, below-state rent, a manageable tax-rate signal market. Use the page as a decision brief, not just a price lookup, because local income, taxes, and data confidence change how affordable the county really is.
10th lowest home value out of 44 Idaho counties with data | 2nd lowest rent out of 44
Median home value
$234,200
Purchase-price signal from Census ACS.
Median rent
$687/mo
Gross rent, including utilities where reported.
Monthly owner cost
$787/mo
Owner costs before individual loan terms.
Decision snapshot
Read this county in four signals.
Buy screen
3.5x
Median home value divided by local household income.
Rent burden
30.0%
At or above the 30% burden threshold.
Rent vs own
$100/mo
Median rent screens below owner cost.
Data confidence
1 note
Crime coverage is partial, so safety comparisons need source context.
What Works
Lower purchase price
$234,200 median home value is 17% below Idaho county median
Lower rent
$687/mo is 22% below Idaho county median
Low disaster-risk signal
Risk score is 93.4 out of 100, a stronger cross-check for long-term ownership costs.
What to Check
Water quality cross-check
Water quality grade is D. Review water data before treating housing cost as the full story.
Crime data coverage
Crime data coverage is partial. Treat zero or low crime rates as incomplete until you check the source coverage.
Best Fit For
- Long-term owners who care about disaster-risk exposure
- Remote earners or cash buyers looking below the state price line
Poor Fit For
- Buyers who will not investigate local water systems before moving
- Anyone treating reported crime rates as complete without source context
County vs State vs National
The county number only matters after you see the benchmark. These comparisons show where Bear Lake County is genuinely cheap, where it is average, and where the hidden cost may be.
| Metric | County | State | U.S. | Signal |
|---|---|---|---|---|
Median home value Lower usually helps affordability. | $234,200 | $281,950 | $281,900 | 17% favorable17% below Idaho county median |
Median gross rent Lower usually helps affordability. | $687 | $877 | $1,163 | 22% favorable22% below Idaho county median |
Monthly owner cost Lower usually helps affordability. | $787 | $916 | $1,672 | 14% favorable14% below Idaho county median |
Median household income | $67,304 | $65,531 | $74,755 | Near state median3% above Idaho county median |
Effective property-tax rate Lower usually helps affordability. | 0.45% | 1.00% | 1.02% | 55% favorable55% below Idaho county median |
Rent burden Lower usually helps affordability. | 30.00% | 27.00% | N/A | 11% pressure30.00% of renter income goes to rent. |
Income Fit
A low price only helps if local income can carry the monthly cost. This panel compares the county income base with rent and owner-cost thresholds.
Rent cushion
+$39,824
Median income minus rent threshold.
Owner cushion
+$33,575
Median income minus owner-cost threshold.
Affordability Advisory
This turns the raw housing numbers into income and buy-versus-rent screens.
Affordability verdict
Bear Lake County offers affordable rental housing at a median of $687/month , about 12.2% of the typical household income here.
Rent vs own
The median rent in Bear Lake County is $687/month, while owner costs run $787/month. Renting saves approximately $100/month.
Income needed
To afford the median rent without exceeding 30% of gross income, a household needs to earn approximately $27,480/year. For owner costs at the 28% rule, the required income is roughly $33,729/year. With a median household income of $67,304, most households can comfortably afford rent here. Notably, 30.0% of renter households in Bear Lake County are cost-burdened, spending more than 30% of income on housing.
Regional context
Bear Lake County sits 8% less expensive than Custer County ($744/month) in terms of median gross rent.
Better Counties to Compare
Similar counties are matched on home value, rent, income, and state context. This is more useful than a simple nearest-price list.
| County | Home Value | Rent | Why compare |
|---|---|---|---|
| Caribou County, ID | $220,200 | $800/mo | Same-state comparison near $220,200 home value and $800/mo rent. |
| Gooding County, ID | $231,800 | $859/mo | Same-state comparison near $231,800 home value and $859/mo rent. |
| Minidoka County, ID | $235,300 | $909/mo | Same-state comparison near $235,300 home value and $909/mo rent. |
| Jerome County, ID | $254,000 | $862/mo | Same-state comparison near $254,000 home value and $862/mo rent. |
| Lincoln County, ID | $206,700 | $860/mo | Same-state comparison near $206,700 home value and $860/mo rent. |
Data Confidence
- Crime coverage is partial, so safety comparisons need source context.
Next Checks
Housing Questions for Bear Lake County
Is Bear Lake County affordable for buying a home?
Is renting or owning cheaper in Bear Lake County?
How much income do you need for housing in Bear Lake County?
What should I double-check before moving to Bear Lake County?
Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.