Rents are 7% below what Rexburg's 10-year trend predicts — a better deal than its own history suggests.
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 $1,155 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: October 17, 2026
What the numbers show
June. Asking rents in Rexburg usually run 0.5% below trend in June and 0.7% above it in January, about $14 a month apart at today's median. Based on 5 years of data.
Rent in Rexburg is at its highest level since Zillow's records here began in February 2021.
Rent in Rexburg changed +0.9% over the year to September 2026. Across the 18 Idaho cities Zillow tracks, the typical change was +4.9%.
Rent has risen 2 months in a row, and rose in 5 of the last 12 months.
30% of the median household income ($50,617) is $1,265 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($990); a 3-bedroom is $1,390.
From Zillow's monthly rent index (ZORI) for Rexburg. 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.
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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.
Source: U.S. Census Bureau · ACS 2024 5-Year Estimates
How Rexburg, ID has changed in 5 years
Since 2021, the typical rent in Rexburg, ID has climbed from $876 to $1,155, a 31.8% 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.
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Can you afford rent in Rexburg on your salary?
At $1,155/mo, how Rexburg rent compares to typical pay (30% rule).
Rexburg rent by bedroom count
Median rent for each apartment size in Rexburg. Click any size for full breakdown.
Tips for renters in Rexburg
Last updated: October 17, 2026
The median rent in Rexburg is $1,155/mo as of October 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 increased 0.9% over the past year.
Frequently asked questions
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How does Rexburg rent compare to other cities in Idaho?
Which nearby cities are cheaper to rent in than Rexburg?
At $1,155/mo, rent takes ~27% of Rexburg's median household income ($50,617/yr). The standard benchmark is 30%.
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Estimated from ZIP-level data
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