City Report · ID

Twin Falls

Pop. 54,164·16th most expensive in Idaho·Rental market data updated monthly for Twin Falls, ID
Median rent (all units)
$1,575/mo
Year-over-Year
-1.1%
Month-over-Month
-0.3%
vs US Median
-$390
Stable (Monthly)
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Most AffordableMost Expensive
Twin Falls · $1,575
More affordable than 71% of US cities · National median $1,965/mo
Rent Reality Score
59/100
Fairly priced
OverheatedFairGreat value

Rents are 4% below what Twin Falls's 10-year trend predicts — a better deal than its own history suggests.

Actual rent
$1,575/mo
Expected by trend
$1,648/mo
The Rent Reality Score compares today's median rent to where Twin Falls's own long-run trajectory projects it should be. See the full rankings →
Medians by bedroom

Rent by unit size

Studio
$860
1 BR
$950
2 BR
$1,250
3 BR
$1,750
4 BR+
$2,100
Research median
$1,250/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
$18,900/yr
At $1,575/mo median
Rent Market Meter
Balanced Market
Renter's MarketBalancedLandlord's Market
Rents are roughly steady, with neither renters nor landlords holding a strong edge right now.
Based on rent-price momentum (-1.1% YoY, -0.3% MoM), not inventory.
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Demographics

Who lives here

Twin Falls, ID is majority owner-occupied, has a large share of families with children, has a median income below the national average, 24.5% of residents hold a bachelor's degree or higher.

Population
54,164
Median income
$61,205
Median age
35.1
Renters
35.9%
Age distribution
25.1%
24.7%
24%
16.6%
Under 1825.1%
18–3424.7%
35–5424%
55–649.7%
65+16.6%
Gender
49.7%
50.3%
Male49.7%
Female50.3%
Race & ethnicity
77.2%
17.3%
White77.2%
Black1.3%
Hispanic17.3%
Asian2%
Other2.1%
Education (25+)
30%
36%
24.5%
No HS diploma9.5%
HS diploma30%
Some college36%
Bachelor's+24.5%
Housing tenure
64.1%
35.9%
Owner64.1%
Renter35.9%

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

2023 vs 2026

How Twin Falls, ID has changed in 5 years

Rent
$1,444 → $1,575
up 9.1%
Income
$53,936 → $61,205
up 13.5%
Population
51,223 → 54,164
up 5.7%
Renter share
34.6% → 35.9%
+1.3 pts
Bachelor's+
22.4% → 24.5%
+2.1 pts
Median age
34 → 35.1
+1.1 yrs

The median rent in Twin Falls, ID stood at $1,444 in 2023 and currently runs about $1,575, reflecting a 9.1% increase over the period. Median household income rose from $53,936 to $61,205 between 2021 and 2024, a 13.5% shift. On paper, paychecks moved up faster than rent, which softens the affordability squeeze versus the 2021 baseline. The population has grown by 5.7% since 2021, moving from about 51,223 residents to roughly 54,164. College-educated residents now make up 24.5% of adults here, versus 22.4% in 2021. Taken together, the five-year picture in Twin Falls, ID reflects how housing costs and the people paying them have evolved through a stretch that included a pandemic, a hot rental market, and a recent cooling phase.

Community

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View Twin Falls rent history (2015–2026) →
Salary vs rent

Can you afford rent in Twin Falls on your salary?

At $1,575/mo, how Twin Falls rent compares to typical pay (30% rule).

By apartment size

Twin Falls rent by bedroom count

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

Local insights

Tips for renters in Twin Falls

About renting in Twin Falls, ID

Last updated: July 20, 2026

The median rent in Twin Falls is $1,575/mo as of July 2026. A studio apartment averages $860/mo while a 2-bedroom runs $1,250/mo. One-bedroom apartments average $950/mo and 3-bedroom units go for $1,750/mo.

At 31% of local median household income ($61,205/yr), Twin Falls ranks as moderate compared to the national benchmark of 30%. Rents have decreased 1.1% over the past year.

FAQ

Frequently asked questions

Is Twin Falls an affordable city for renters?

Twin Falls is considered moderate for renters. At $1,575/mo, rent takes approximately 31% of the local median household income ($61,205/yr). The standard benchmark is 30%. Twin Falls slightly exceeds that threshold, so budgeting carefully matters here.

How much income do you need to rent in Twin Falls?

To keep rent at or below 30% of gross income, you would need to earn at least $63,000/year (~$30/hour full-time) to afford the median rent of $1,575/mo in Twin Falls. The local median household income is $61,205/yr, meaning the typical Twin Falls household falls short of that threshold.

Is rent going up or down in Twin Falls?

Rent in Twin Falls has decreased 1.1% over the past year as of July 2026, offering some relief compared to 12 months ago.

How does Twin Falls rent compare to other cities in Idaho?

Twin Falls is one of the more affordable cities in Idaho for rent, ranking #16 out of 24 tracked cities at $1,575/mo.

Which nearby cities are cheaper to rent in than Twin Falls?

Several nearby cities have lower median rents than Twin Falls ($1,575/mo): Burley ($1,200/mo), Elko ($1,517/mo).

What percentage of Twin Falls residents rent vs. own?

According to Census data, approximately 35.9% of Twin Falls households are renters, while 64.1% are owner-occupied. Twin Falls leans toward homeownership, which can mean a smaller rental inventory.

How does Twin Falls rent compare to the national average?

Twin Falls's median rent of $1,575/mo is $390 (20%) below the US national median of $1,965/mo. Within Idaho, it ranks #16 out of 24 tracked cities.
Income Affordability
31%
MODERATE

At $1,575/mo, rent takes ~31% of Twin Falls's median household income ($61,205/yr). The standard benchmark is 30%.

Twin Falls 31%Benchmark 30%
State income tax5.8%
Run the Twin Falls affordability calculator →
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Twin Falls, ID

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