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City Report · ID

Rexburg

Pop. 40,543·22nd most expensive in Idaho·Rexburg rents have dropped 7.0%, currently a renter's market
Median rent (all units)
$1,124/mo
Year-over-Year
-7.0%
Month-over-Month
+2.5%
vs US Median
-$841
Rising (Monthly)
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Most AffordableMost Expensive
Rexburg · $1,124
More affordable than 95% of US cities · National median $1,965/mo
Rent Reality Score
76/100
Good value
OverheatedFairGreat value

Rents are 13% below what Rexburg's 10-year trend predicts — a better deal than its own history suggests.

Actual rent
$1,124/mo
Expected by trend
$1,289/mo
The Rent Reality Score compares today's median rent to where Rexburg's own long-run trajectory projects it should be. See the full rankings →
Medians by bedroom

Rent by unit size

Studio
$860
1 BR
$890
2 BR
$990
3 BR
$1,390
4 BR+
$1,630
Research median
$990/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

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Last updated: July 20, 2026

Annual cost
$13,488/yr
At $1,124/mo median
Rent Market Meter
Renter's Market
Renter's MarketBalancedLandlord's Market
Rents are softening (down 7.0% YoY), so renters have negotiating leverage.
Based on rent-price momentum (-7.0% YoY, +2.5% MoM), not inventory.
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Demographics

Who lives here

Rexburg, ID is majority renter-occupied, skews toward younger working-age adults, has a median income below the national average, 42% of residents hold a bachelor's degree or higher.

Population
40,543
Median income
$50,617
Median age
21
Renters
77%
Age distribution
15.4%
72.6%
Under 1815.4%
18–3472.6%
35–546.8%
55–642.3%
65+2.9%
Gender
44.2%
55.8%
Male44.2%
Female55.8%
Race & ethnicity
85.2%
White85.2%
Black1.3%
Hispanic11.2%
Asian1.7%
Other0.7%
Education (25+)
12.1%
43.2%
42%
No HS diploma2.6%
HS diploma12.1%
Some college43.2%
Bachelor's+42%
Housing tenure
23%
77%
Owner23%
Renter77%

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

2021 vs 2026

How Rexburg, ID has changed in 5 years

Rent
$915 → $1,124
up 22.8%
Income
$44,034 → $50,617
up 14.9%
Population
33,684 → 40,543
up 20.4%
Renter share
64.4% → 77%
+12.6 pts
Bachelor's+
39.7% → 42%
+2.3 pts
Median age
22.8 → 21
-1.8 yrs

Since 2021, the typical rent in Rexburg, ID has climbed from $915 to $1,124, a 22.8% change over five years. On the earnings side, the typical household in Rexburg, ID now reports about $50,617, up from $44,034 in 2021. That spread, with rent up faster than earnings, points to a tougher affordability environment than five years ago. The population has grown by 20.4% since 2021, moving from about 33,684 residents to roughly 40,543. Renters now make up 77% of households, compared with 64.4% five years ago. College-educated residents now make up 42% of adults here, versus 39.7% in 2021. For context, the 2021 to 2026 window covers an unusually volatile run for US rents nationally, and Rexburg, ID reflects that arc in its own way.

Community

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

Can you afford rent in Rexburg on your salary?

At $1,124/mo, how Rexburg rent compares to typical pay (30% rule).

By apartment size

Rexburg rent by bedroom count

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

Local insights

Tips for renters in Rexburg

About renting in Rexburg, ID

Last updated: July 20, 2026

The median rent in Rexburg is $1,124/mo as of July 2026. A studio apartment averages $860/mo while a 2-bedroom runs $990/mo. One-bedroom apartments average $890/mo and 3-bedroom units go for $1,390/mo.

At 27% of local median household income ($50,617/yr), Rexburg ranks as affordable compared to the national benchmark of 30%. Rents have decreased 7.0% over the past year.

FAQ

Frequently asked questions

Is Rexburg an affordable city for renters?

Rexburg is considered affordable for renters. At $1,124/mo, rent takes approximately 27% of the local median household income ($50,617/yr). The standard benchmark is 30%. Rexburg falls comfortably within that range.

How much income do you need to rent in Rexburg?

To keep rent at or below 30% of gross income, you would need to earn at least $45,000/year (~$22/hour full-time) to afford the median rent of $1,124/mo in Rexburg. The local median household income is $50,617/yr, meaning the typical Rexburg household meets that threshold.

Is rent going up or down in Rexburg?

Rent in Rexburg has decreased 7.0% over the past year as of July 2026, offering some relief compared to 12 months ago.

How does Rexburg rent compare to other cities in Idaho?

Rexburg is one of the more affordable cities in Idaho for rent, ranking #22 out of 24 tracked cities at $1,124/mo.

Which nearby cities are cheaper to rent in than Rexburg?

Shelley is nearby and more affordable at $925/mo, which is $199 less than Rexburg.

What percentage of Rexburg residents rent vs. own?

According to Census data, approximately 77% of Rexburg households are renters, while 23% are owner-occupied. With a majority renter population, Rexburg has a strong rental market.

How does Rexburg rent compare to the national average?

Rexburg's median rent of $1,124/mo is $841 (43%) below the US national median of $1,965/mo. Within Idaho, it ranks #22 out of 24 tracked cities.
Income Affordability
27%
AFFORDABLE

At $1,124/mo, rent takes ~27% of Rexburg's median household income ($50,617/yr). The standard benchmark is 30%.

Rexburg 27%Benchmark 30%
State income tax5.8%
Run the Rexburg affordability calculator →
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Rexburg, ID

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