City Report · ID

Caldwell

Pop. 66,516·11th most expensive in Idaho·Rental market data updated monthly for Caldwell, ID
Median rent (all units)
$1,736/mo
Year-over-Year
+4.0%
Month-over-Month
+0.3%
vs US Median
-$196
Reported rents
Stable (Monthly)
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Most AffordableMost Expensive
Caldwell · $1,736
More affordable than 58% of US cities · National median $1,932/mo
Rent Reality Score
56/100
Fairly priced
OverheatedFairGreat value

Rents are 3% below what Caldwell's 10-year trend predicts — a better deal than its own history suggests.

Actual rent
$1,736/mo
Expected by trend
$1,786/mo
The Rent Reality Score compares today's median rent to where Caldwell's own long-run trajectory projects it should be. See the full rankings →
Medians by bedroom

Rent by unit size

Studio
$1,180
1 BR
$1,395
2 BR
$1,675
3 BR
$2,345
4 BR+
$2,805
Fair Market Rent (HUD)
$1,675/mo

These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $1,736 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 →

Rent trends

12-month history

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Last updated: October 17, 2026

From the history

What the numbers show

Cheapest month to sign

December. Asking rents in Caldwell usually run 1.1% below trend in December and 0.8% above it in August, about $33 a month apart at today's median. Based on 5 years of data.

Compared with the peak

Rent in Caldwell is at its highest level since Zillow's records here began in January 2021.

Past year vs. the rest of Idaho

Rent in Caldwell changed +4.0% over the year to September 2026. Across the 18 Idaho cities Zillow tracks, the typical change was +4.9%.

Recent direction

Rent has risen 9 months in a row, and rose in 10 of the last 12 months.

What a typical income covers

30% of the median household income ($73,058) is $1,826 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($1,675); a 3-bedroom is $2,345.

From Zillow's monthly rent index (ZORI) for Caldwell. The seasonal pattern compares Zillow’s seasonally adjusted and unadjusted series. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost
$20,832/yr
At $1,736/mo median
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (4.0% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (+4.0% YoY, +0.3% MoM), not inventory.
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Demographics

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.

Population
66,516
Median income
$73,058
Median age
31.5
Renters
27%
Age distribution
30.3%
25.3%
25%
Under 1830.3%
18–3425.3%
35–5425%
55–649.3%
65+10%
Gender
49.3%
50.7%
Male49.3%
Female50.7%
Race & ethnicity
63.5%
36.8%
White63.5%
Hispanic36.8%
Asian1%
Education (25+)
16.2%
31.3%
32.9%
19.5%
No HS diploma16.2%
HS diploma31.3%
Some college32.9%
Bachelor's+19.5%
Housing tenure
73%
27%
Owner73%
Renter27%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2021 vs 2026

How Caldwell, ID has changed in 5 years

Rent
$1,326 → $1,736
up 30.9%
Income
$59,795 → $73,058
up 22.2%
Population
58,872 → 66,516
up 13.0%
Renter share
32.7% → 27%
-5.7 pts
Bachelor's+
16.8% → 19.5%
+2.7 pts
Median age
29.9 → 31.5
+1.6 yrs

Across the past five years, the going rent in Caldwell, ID has shifted from $1,326 to $1,736, up 30.9% 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.

Community

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View Caldwell rent history (2015–2026) →
Salary vs rent

Can you afford rent in Caldwell on your salary?

At $1,736/mo, how Caldwell rent compares to typical pay (30% rule).

By apartment size

Caldwell rent by bedroom count

Median rent for each apartment size in Caldwell. Click any size for full breakdown.

Local insights

Tips for renters in Caldwell

About renting in Caldwell, ID

Last updated: October 17, 2026

The median rent in Caldwell is $1,736/mo as of October 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 29% of local median household income ($73,058/yr), Caldwell ranks as affordable compared to the national benchmark of 30%. Rents have increased 4.0% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in Caldwell?

To keep rent at or below 30% of gross income, you would need to earn at least $69,000/year (about $33/hour full-time) to afford the median rent of $1,736/mo in Caldwell. The local median household income is $73,058/yr, so the typical household meets that bar.

Is rent going up or down in Caldwell?

Rent in Caldwell has risen 4.0% over the past year as of September 2026. That is the highest level since Zillow's records here began in January 2021.

When is the cheapest time to rent in Caldwell?

Asking rents in Caldwell are usually lowest in December, about 1.1% below their yearly trend, and highest in August, about 0.8% above it. At today's median that is a gap of roughly $33 a month. This pattern comes from 5 years of Zillow rent data.

Which Caldwell neighborhoods have the lowest rent?

The most affordable ZIP codes in Caldwell are 83605 ($1,510/mo), and 83607 ($2,054/mo). Citywide, the median rent is $1,736/mo.

How does Caldwell rent compare to other cities in Idaho?

Caldwell is in the middle among Idaho cities for rent, ranking #11 of 23 tracked cities at $1,736/mo. Over the year to September 2026, rent in Caldwell changed +4.0%, against a typical +4.9% across the 18 Idaho cities Zillow tracks.

Which nearby cities are cheaper to rent in than Caldwell?

Nearby cities with lower median rent than Caldwell ($1,736/mo) include Nampa ($1,668/mo).
Income Affordability
29%
AFFORDABLE

At $1,736/mo, rent takes ~29% of Caldwell's median household income ($73,058/yr). The standard benchmark is 30%.

Caldwell 29%Benchmark 30%
State income tax5.8%
Run the Caldwell affordability calculator →
Lowest-rent ZIP codes in Caldwell
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Caldwell, ID

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