At $1,692/mo, rent takes about 28% of the local median household income, comfortably within the 30% benchmark.
Rent by unit size
These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $1,692 market median above, and that is expected: FMR is the 40th percentile of standard-quality units and counts gross rent, so it includes essential utilities such as electricity, water, gas, sewer, and trash. The market median is asking rent, which usually excludes utilities. HUD sets FMR once a year; market rent here updates monthly.
Source: HUD Small Area Fair Market Rents. Read the methodology →
12-month history
Last updated: August 17, 2026
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Who lives here
Caldwell, ID is majority owner-occupied, has a large share of families with children, 19.5% of residents hold a bachelor's degree or higher.
Source: U.S. Census Bureau · ACS 2024 5-Year Estimates
How Caldwell, ID has changed in 5 years
Across the past five years, the going rent in Caldwell, ID has shifted from $1,286 to $1,692, up 31.6% since 2021. Census figures show median household income at $73,058 today, compared with $59,795 five years earlier. Because rent grew faster than wages over the same span, the affordability picture has tightened relative to 2021. Census counts show Caldwell, ID adding about 7,644 residents over the five-year window, up 13.0% on net. The renter share has eased from 32.7% to 27%, with owner-occupied housing accounting for the remainder. Bachelor's-degree-or-higher attainment moved from 16.8% to 19.5% across the same window. The combined trend lines point to a market that has changed measurably from where it stood in early 2021.
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Can you afford rent in Caldwell on your salary?
At $1,692/mo, how Caldwell rent compares to typical pay (30% rule).
Caldwell rent by bedroom count
Median rent for each apartment size in Caldwell. Click any size for full breakdown.
Tips for renters in Caldwell
Last updated: August 17, 2026
The median rent in Caldwell is $1,692/mo as of August 2026. A studio apartment averages $1,180/mo while a 2-bedroom runs $1,675/mo. One-bedroom apartments average $1,395/mo and 3-bedroom units go for $2,345/mo.
At 28% of local median household income ($73,058/yr), Caldwell ranks as affordable compared to the national benchmark of 30%. Rents have increased 10.5% over the past year.
Frequently asked questions
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What percentage of Caldwell residents rent vs. own?
How does Caldwell rent compare to the national average?
At $1,692/mo, rent takes ~28% of Caldwell's median household income ($73,058/yr). The standard benchmark is 30%.
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Estimated from ZIP-level data
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