Twin Falls, ID cityscape
Markets / Idaho / Twin Falls
RENTAL MARKET INTELLIGENCE

Twin Falls, ID

Twin Falls merits investigation for buyers who prioritize employment momentum and a low recorded climate-loss burden, but it is a poor fit for investors who need strong current yield or broad household affordability.

Median price$388k
Median rent$1,584
Gross yield4.9%
Job growth▲ 1.1%
Metro Area · CBSA 4630040 public sourcesChecked nightly
SCORE / 10061RANK #131 / 571
Composite Market ScoreRank #131 of 571 scored US market areas
Direct rental answer

How much is rent in Twin Falls, ID?

Zillow's metro-wide Observed Rent Index is $1,584 per month for 2026-06-30. That is up 2.36% from a year earlier.

Zillow ZORI$1,5842026-06-30

All homes and bedroom counts

Census ACS gross rent$1,071ACS 2024 5-year

Occupied rental units paying rent

HUD 2BR FMR$1,235FY2026 FMR

Two-bedroom standard

These figures are not averaged together. Zillow and Realtor describe asking-rent markets, ACS measures rent paid by surveyed households, and HUD publishes administrative bedroom standards.

Exact county schedules

HUD rent benchmarks inside Twin Falls

Every row keeps its own county FIPS schedule. No county is selected as a metro proxy and no synthetic metro FMR is calculated.

FY2026 FMR · FY2026 · monthly gross-rent standards
CountyStudio1 BR2 BR3 BR4 BR
Twin Falls County, IDFIPS 16083$885$979$1,284$1,786$2,154
Jerome County, IDFIPS 16053$819$986$1,186$1,599$1,990
The read

Why this market scores where it does

Twin Falls merits investigation for buyers who prioritize employment momentum and a low recorded climate-loss burden, but it is a poor fit for investors who need strong current yield or broad household affordability. The median home value is $388,089, while median asking rent is $1,584 and gross yield is 4.9%.

The opportunity is a supportive demand backdrop: CES employment rose 1.05% year over year, tax filings show net migration of 308 households, and incoming movers’ average income exceeded outgoing movers’ by $8,436. Those are favorable rental-demand indicators, but they do not erase weak rent economics: asking rent rose only 2.36%.

Risk sits in entry pricing and resale execution. The price-to-income ratio is 5.64, homes took a median 50 days to sell, and 38.89% of listings had price drops. Buyers should investigate property-level rents, insurance, and flood exposure before proceeding; avoid the market if returns depend on aggressive rent assumptions or a quick resale.

Frequently Asked Investor Questions

What are the current rent and gross yield?
Median asking rent is $1,584 per month, and gross yield is 4.9%.
What do the labor and migration figures show?
CES employment rose 1.05% year over year; 2,705 households moved in and 2,397 moved out, producing net migration of 308.
What do resale conditions show about buyer leverage?
The market has 2.5 months of supply, a median 50 days on market, and price drops on 38.89% of listings.

Investor Quick Takeaways

Gross Yield: 4.9%

Computed from the current Zillow rent and home-value medians.

Rent Momentum: ▲ 2.36%

Zillow ZORI rent growth trend over trailing 12 months.

Investor Activity: 4.7%

Originated investment purchase share (CFPB HMDA).

Climate Exposure: FEMA NRI

Annualized loss ratio evaluated for flood & hurricane risk.

Run Cash-Flow Test for Twin Falls
Market pulse

The current market in eight signals

Fast-moving Redfin conditions sit beside the slower fundamentals so a buyer can separate today's negotiating climate from the long-run investment case.

Months of supply2.5 mo.▼ from 3.9 mo. a year ago
Median days on market50 days▼ from 52 days a year ago
Listings with price drops38.9%▼ from 39.9% a year ago
Sale-to-list ratio98.3%2026-05-01
Home value growth▲ 3.0%Zillow ZHVI · trailing 12 months
Rent growth▲ 2.36%Zillow ZORI · trailing 12 months
Gross rental yield4.9%Rent × 12 ÷ price
Payroll job growth▲ 1.1%CES · 12m to 2026-06
Release-to-release evidence

What actually changed

This comparison exists because at least one underlying source period advanced. Rebuilding the same data never creates a new observation.

Published score held steady6161
0 pts

The published component scores did not move in this release.

Weights were unchanged at metro-2026-07-v2-omb2023, so the movement comes from refreshed evidence and percentile ranks.

The named source periods advanced, but the measured values on this page held steady.

Composite breakdown

What each component measures

Weights are published, not hidden, and the arithmetic is shown. Five components, each measured as a national percentile across all tracked metros.

Jobs84Rent trend34Affordability32Supply55Climate safety97
Published arithmeticComponent × weight = points
61
SignalScoreWeightPoints
Job growth8430%25.20
Rent trend3425%8.50
Affordability3215%4.80
Supply pressure5515%8.25
Climate risk9715%14.55
Published score61
Twin Falls, ID scoreRank #131
61
Job growth84/100

CES employment growth of 1.05% year over year -> a positive labor-demand signal for rentals.

Rent trend34/100

Asking-rent growth of 2.36% and a 4.9% gross yield -> current income economics are modest despite rent growth.

Affordability32/100

A $388,089 median home value and 5.64 price-to-income ratio -> entry pricing is demanding relative to local incomes.

Supply pressure55/100

A 2.5-month supply and price drops on 38.89% of listings -> limited inventory coexists with frequent repricing.

Climate risk97/100

A 0.0769% annual climate loss ratio, with inland flood the dominant hazard -> recorded aggregate loss is low, but water exposure requires property-level review.

The numbers

What this market costs and what it earns

Every derived ratio below recomputes from the same source record used by the article and score.

ZHVI Median Price
$388k
YoY ▲ 3.0%
ZORI Median Rent
$1,584
YoY ▲ 2.36%
Gross Rental Yield
4.9%
Rent × 12 ÷ price
$1,584 × 12 ÷ $388,089
Job Growth (YoY)
▲ 1.1%
CES payrolls
Job signal 84/100
Median Household Income
$69k
Census ACS 5-year
Rent Burden
27.6%
Annual rent ÷ household income
Price-to-Income
5.6x
Median value ÷ household income
HUD 2BR Fair Market Rent
$1,235
Market rent 128.3% of FMR
Historical affordability context

Compare aligned 2019 and 2024 asking-rent and nominal household-income endpoints across the direct-overlap metro set.

Independent rent evidence

One market, several legitimate rent benchmarks

These releases observe different homes and different moments. RentMarker keeps them separate: ZORI remains the scoring baseline, while the other sources test how sensitive the market story is to bedroom mix and measurement method.

Monthly benchmark4 of 4 reported values
Zero-based scale
Monthly rental benchmarksIndependent monthly rent measures shown on a zero-based scale. Missing source values are labelled unavailable and are not inferred.$0$438$875$1,313$1,750Zillow ZORI2026-06-30$1,584HUD 1BR FMRFY2026 FMR$983HUD 2BR FMRFY2026 FMR$1,235Census ACS gross rentACS 2024 5-year$1,071Monthly rental benchmarksIndependent monthly rent measures shown on a zero-based scale. Missing source values are labelled unavailable and are not inferred.$0$875$1,750Zillow ZORI2026-06-30$1,584HUD 1BR FMRFY2026 FMR$983HUD 2BR FMRFY2026 FMR$1,235ACS gross rentACS 2024 5-year$1,071
The chart compares published levels without averaging them. A longer bar does not mean a source is more accurate; it means that source measures a higher rent under its own definition.
Typical observed market rentZillow ZORI
$1,584Primary RentMarker baseline
2026-06-30

All homes and bedroom counts

A smoothed metro rent index for observed rentals; it is the primary rent used by RentMarker scores and career ratios.

View source release ↗
Fair Market RentHUD 1BR FMR
$983−$602 vs ZORI
FY2026 FMR

One-bedroom standard

An administrative gross-rent benchmark used by HUD programs; it is neither a listing median nor a prediction of one lease.

View source release ↗
Fair Market RentHUD 2BR FMR
$1,235−$349 vs ZORI
FY2026 FMR

Two-bedroom standard

An administrative gross-rent benchmark used by HUD programs; it is neither a listing median nor a prediction of one lease.

View source release ↗
Median gross rentCensus ACS gross rent
$1,071−$513 vs ZORI
ACS 2024 5-year

Occupied rental units paying rent

A five-year survey estimate of contract rent plus applicable tenant-paid utilities; it is not a current asking-rent index.

View source release ↗
Take the next step

Keep Twin Falls as context, then replace market-wide evidence with the candidate property's facts.

Regional price level

What feels expensive inside Twin Falls

BEA compares each category with the United States, which equals 100. This is a 2024 price-level comparison—not annual inflation.

BEA Regional Price Parities · 2024US = 100
Regional price parity categories for Twin Falls, IDHorizontal bars compare all-items, housing, goods, utilities and other-services price levels with the United States benchmark of 100.60708090100110All items92.1Housing73.8Goods96.2Utilities70.0Other services99.0
Orange extends above the national level; emerald extends below it. The chart does not convert rent or income into purchasing power.
Occupation wage lens

How asking rent sits against major local occupations

Annualized Zillow asking rent is divided by each BLS annual median wage. This is a screening ratio for one wage, not a household budget or affordability verdict.

Six largest published major groupsannual rent ÷ median wage
Annualized asking rent compared with major occupational median wages in Twin Falls, IDHorizontal bars show annualized Zillow asking rent as a share of the BLS annual median wage for six major occupational groups with the largest published employment.0%10%20%30%40%50%60%Office and AdministrativeSupport Occupations$43,360 median wage43.8%Transportation and MaterialMoving Occupations$43,420 median wage43.8%Production Occupations$45,530 median wage41.7%Sales and Related Occupations$35,400 median wage53.7%Food Preparation and ServingRelated Occupations$29,180 median wage65.1%Healthcare Practitioners andTechnical Occupations$82,080 median wage23.2%
Office and Administrative Support Occupations$43,360 median wage
43.8%
Transportation and Material Moving Occupations$43,420 median wage
43.8%
Production Occupations$45,530 median wage
41.7%
Sales and Related Occupations$35,400 median wage
53.7%
Food Preparation and Serving Related Occupations$29,180 median wage
65.1%
Healthcare Practitioners and Technical Occupations$82,080 median wage
23.2%
BLS OEWS 2025-05; Zillow rent 2026-06-30. The 30% line is a visible screen, not a RentMarker score or a claim about household costs.
Supply pipeline

What is being built, and for whom

Permits are the 12-to-24 month early warning. The total matters less than the mix: apartments compete with a rental the day they open.

National supply context

Compare this authorization pipeline with asking-rent growth, jobs and for-sale liquidity across the evidence-complete metro set.

Building permits by structure type
units per year · latest year annualised
Download CSV ↓
605201997520209622021583202239320236492024650202556020265+ unit buildingssingle family
560 units authorised in 2026, 11% of them in 5+ unit buildings. This is a single-family building cycle, so the competition is other houses, not new apartments. ✓ recomputed from series
Source: Census Building Permits Survey
Who is arriving, and who is buying

Demand, and the competition for it

Tax filings say how many households moved and what they earn; mortgage disclosures say how many local purchases went to someone who will not live there. Moves between counties inside this metro are netted out of both flow figures.

Net Household Move
+308
2,705 in vs 2,397 out (IRS SOI)
▲ 11.4% of arriving households
Mover Income Gap
+$8,436
Arriving $57,501 vs leaving $49,065
Average AGI per tax return (IRS SOI)
Investor Purchase Share
4.7%
72 of 1,529 originated purchase loans
CFPB HMDA 2024
Dominant Hazard
inland flooding
0.077% building value annual loss ratio
FEMA NRI · risk type: water
Compare yield and FEMA exposure →
Households arrive mainly from: Ada County · Gooding County · Cassia County · Minidoka County · Canyon County
2,705 in − 2,397 out = 308 net
Direct market links

Where tax-return households moved from and to

These are the largest flows where both counties map to a RentMarker market area. They are a documented subset of the all-US IRS totals above.

Explore every route
Leading inbound markets
  1. Boise City, ID290 arriving
  2. Burley, ID188 arriving
  3. Hailey, ID117 arriving
Leading outbound markets
  1. Boise City, ID428 leaving
  2. Burley, ID109 leaving
  3. Hailey, ID55 leaving
The other side

What would make this a bad buy

Generated from the same figures with the instruction to argue against the score, and published unedited. A page that only agrees with itself is an advertisement.

Three ways the case breaks

  1. A 4.9% gross yield leaves limited current income relative to the purchase price.
  2. The 5.64 price-to-income ratio and 27.63% rent-to-income ratio indicate affordability pressure for buyers and tenants.
  3. Inland flood is the dominant hazard, leaving property-specific water exposure as a downside despite the low recorded climate loss ratio.
Statistical peers

Market areas that behave like Twin Falls

Nearest neighbours on price level, income, yield and job growth — not on geography. Every market page gets a different peer set, which is the point.

Market areaScorePriceRentYieldJob Growth
Twin Falls, ID (Target)61$388k$1,5844.9%▲ 1.1%
Hermiston, OR54$316k$1,4485.5%▲ 0.9%
Columbia, MO69$327k$1,4155.2%▲ 1.2%
Rapid City, SD58$376k$1,4554.6%▲ 1.6%
Fond du Lac, WI83$297k$1,1734.7%▲ 0.6%
Provenance

Where every figure came from

“Checked nightly” means every source is re-pulled and re-verified each night. It does not mean every source moves nightly — the release column tells you how fresh each number can possibly be.

Dataset SourceMethodRelease PeriodPulled Date
Census ACS 5-year — household income and gross rentdirectACS 2024 5-year2026-08-05
Census ACS 5-year — historical household incomedirectACS 2019 and 2024 5-year2026-08-05
Census ACS 5-year — populationdirectACS 2024 5-year2026-07-26
Apartment List Rent Estimates — recent-lease rent indexdirectApartment List 2026-072026-08-08
Apartment List Time on Market — listing liquiditydirectApartment List 2026-072026-08-08
Apartment List Vacancy Index — rental vacancydirectApartment List 2026-072026-08-08
BEA County Personal Income — income and populationdirect2024 County Personal Income (released 2026-02-05); history 1969-20242026-08-03
BEA Regional Price Parities — metropolitan price levelsdirect2024 Regional Price Parities (released 2026-02-19); history 2008-20242026-08-03
BLS CES — payroll employmentdirectCES SM current2026-07-26
BLS LAUS — resident employmentdirectLAUS current2026-07-26
BLS OEWS — occupation employment and wagesdirectMay 2025 OEWS estimates (released 2026-05-15)2026-08-03
BLS QCEW — county employment and wagesdirectannual county employment and wages 2021-2025; latest 2025 vs 20242026-08-02
OMB/BLS delineation — metro geographydirectOMB July 2023 delineation2026-07-30
Census Building Permits Survey — permitted unitsdirectBPS through 20262026-07-26
Census ACS 5-year — city population, households and housingdirectACS 2024 5-year2026-07-29
Census ACS 5-year — county housing value, tenure and stockdirectACS 2024 5-year2026-07-30
Census ACS 5-year — cities and communitiesdirectACS 2024 5-year2026-07-30
Census ACS five-year — ZCTA housing and incomedirectACS 2024 5-year ZCTA2026-08-08
FEMA National Risk Index — hazard loss ratiosmodelledNRI counties (FEMA ArcGIS)2026-07-26
FHFA House Price Index — annual county appreciationdirectannual county HPI history 1975-2025; latest 20252026-08-02
HMDA / CFPB — purchases by occupancy typedirectHMDA 2024 purchase originations2026-07-26
HUD CHAS — renter burden by HAMFI income banddirectHUD CHAS 2018-2022 ACS 5-year (released 2025-12-23)2026-08-03
HUD Fair Market Rents — Section 8 standarddirectFY2026 FMR2026-07-26
HUD USPS crosswalk and Small Area FMRs — ZIP rent fallbackdirectZIP-CBSA 2025Q4 + SAFMR FY20262026-07-26
HUD-USPS ZIP-to-county residential-address crosswalkdirectHUD-USPS 2026Q12026-08-09
IRS SOI — county migration and mover incomedirectSOI migration 2022-20232026-07-26
Freddie Mac PMMS — mortgage ratesdirectweek of 2026-07-302026-08-06
Census ACS 5-year — effective property taxdirectACS 2024 5-year2026-08-06
Realtor.com Economic Research — county listing inventorydirectcounty inventory 2026-062026-07-28
Realtor.com Rental Report — top-50 asking rentsdirecttop-50 rental asking rents 2026-052026-08-05
Redfin Data Center — inventory, days on market, and price cutsdirectmetro tracker through 2026-05-012026-07-26
Redfin Data Center — ZIP resale activity and supplydirectZIP rolling 3 months through 2026-06-30; updated 2026-07-032026-08-12
USDA ERS — Rural-Urban Continuum CodesdirectUSDA ERS 2023 Rural-Urban Continuum Codes2026-08-02
Zillow ZHVI and ZORI — county values and rentsdirectcounty ZHVI/ZORI 2026-062026-07-26
Zillow ZHVI — metro home valuesdirectMetro_zhvi_uc_sfrcondo_tier_0.33_0.67_sm_sa_month.csv2026-07-26
Zillow ZHVI — city home valuesdirectzillow_zhvi_city.csv2026-07-29
Zillow ZORI — metro market rentsdirectMetro_zori_uc_sfrcondomfr_sm_sa_month.csv2026-07-26
Zillow ZORI — city market rentsdirectzillow_zori_city.csv2026-07-29
Zillow ZORI - metro market rents, not seasonally adjusteddirectMetro_zori_uc_sfrcondomfr_sm_month.csv2026-08-15
Zillow ZORI — ZIP market rentsdirectZORI ZIP 2026-062026-08-08