Rigby, ID 83442 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Rigby, ID—83442

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$473,000

3.3% YoY Growth

Household Income

$84,300

36.8% YoY Growth

Days on Market

3.0% Longer YoY

Home Price Forecast

1.3%

Median Rent

$1,700

28.7% YoY Growth

1-Bed Rent

$875

24.9% YoY Growth

2-Bed Rent

$995

11.2% YoY Growth

3-Bed Rent

$1,700

10.3% YoY Growth

Home Price Trends — Rigby, ID

As of Dec '25, the median home price in Rigby, ID is $473,000, with a year-over-year change of 3.3%. This indicates that home prices in Rigby, ID are increasing. According to Zillow, the 1-year price projection is 1.3%, suggesting an increase housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$473,000	3.3%
Single Family	$474,000	2.8%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Rigby, ID

As of July '25, Rentcast reports the average rent in Rigby, ID is $1,750, with a year-over-year rent change of 28.7%. Per bedroom, the median rent as of July '25 in Rigby, ID is 1-bedrooms: $962, 2-bedrooms: $1,100, 3-bedrooms: $1,720, 4-bedrooms: $2,700. The most common rental property sizes in Rigby, ID are 3-bedroom and 2-bedroom, accounting for 43.6% and 27.5% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$1,700	$1,750
Studio Rent	N/A	N/A
1 Bed Rent	$875	$962
2 Bed Rent	$995	$1,100
3 Bed Rent	$1,700	$1,720
4 Bed Rent	$2,800	$2,700

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% of Rental Stock

1 Bedroom

9.9%

2 Bedrooms

27.5%

3 Bedrooms

43.6%

4 Bedrooms

9.9%

5+ Bedrooms

9.1%

Property Listings — Rigby, ID

As of Dec '25, Realtor.com reports that the median days on market for a home in Rigby, ID is 77. This is a decrease of -4.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 24.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$575,000	8.0%
Listing Count	108	-3.0%
Listings as % of Homes	0.8%	-3.0%
Days on Market	93	3.0%

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Demographics — Rigby, ID

As of the latest ACS Survey released in 2023, Rigby, ID has a population of 24,800, which has increased by 13.0% over the past 5 years. Rigby, ID is a popular place for families, as children make up 33.4% of the population. The area has a moderately educated workforce, with 30.4% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 7.6% reporting working from home.

Metric	Latest Census	YoY % Change
Population	24,800	13.0%
% Under 18	33.4%	-7.5%
% Seniors	11.2%	19.1%
% WFH	7.6%	40.7%
% w/ College Degree	30.4%	21.6%

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As of the latest ACS Survey released in 2023, Rigby, ID is a predominantly white area, with 88.8% of the population identifying as white. The white population has grown by 0.3% in the last 5 years. The second most common race or ethnicity in Rigby, ID is hispanic, making up 7.8% of the population. Foreign-born residents account for 3.2% of the population in Rigby, ID, and this percentage has increased by 28.0% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

Race and Ethnicity

Metric	Latest Census	5-Year % Change
% White	88.8%	0.3%
% Black	0.1%	0.0%
% Hispanic	7.8%	-11.4%
% Asian	0.1%	-75.0%
% Foreign Born	3.2%	28.0%

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Mortgage and Risk — Rigby, ID

According to HUD data as of 2023, there were 642 mortgage originations in Rigby, ID, of which 85.0% of loans were conventional mortgages. The average loan-to-value was 52.0%, with 21.0% above 90% LTV (very high). This implies large mortgage risk in Rigby, ID. Investor activity is low, as 1.0% of loans were by investors. 16.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	642
% Conventional Loans	85.0%
% Government Loans	15.0%
% Investor Loans	1.0%
% Second Loans	1.0%
% Cash Out Refinance	16.0%

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Rentals and Section 8 — Rigby, ID

As of 2024, the percent of homes in Rigby, ID under the Section 8 program is 3.8%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 1-bedroom and 2-bedroom and 3-bedroom units appear to be good home sizes to consider for Section 8 housing in Rigby, ID, because HUD payments exceed market rent, while 4-bedroom units do not.

Section 8 Market Size

Total Units under HUD	42
Total Units Section 8	42
% Rentals under Section 8	3.8%
% Occupied Section 8	90.1%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	$235	$875	$1,110
2 Bedroom	$345	$995	$1,340
3 Bedroom	$180	$1,700	$1,880
4 Bedroom	-$550	$2,800	$2,250

Rigby, ID—83442

Key Metrics at a Glance

Home Price Trends — Rigby, ID

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Rigby, ID

% of Rental Stock

Property Listings — Rigby, ID

Demographics — Rigby, ID

Race and Ethnicity

Mortgage and Risk — Rigby, ID

Mortgages

Rentals and Section 8 — Rigby, ID

Section 8 Market Size

Section 8 Opportunity

Affordability — Rigby, ID

Home Price to Income Ratio

Rigby, ID — ZIP Code Boundary Map

Nearby ZIP Codes

Ucon

Lewisville, ID

Menan, ID

Idaho Falls, ID

Rexburg, ID

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	5.4
Median Home Price	$473,000
Median Household Income	$84,300

Rigby, ID—83442

Key Metrics at a Glance

Home Price Trends — Rigby, ID

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Rigby, ID

% of Rental Stock

Property Listings — Rigby, ID

Demographics — Rigby, ID

Race and Ethnicity

Mortgage and Risk — Rigby, ID

Mortgages

Rentals and Section 8 — Rigby, ID

Section 8 Market Size

Section 8 Opportunity

Affordability — Rigby, ID

Home Price to Income Ratio

Rigby, ID — ZIP Code Boundary Map

Nearby ZIP Codes

Ucon

Lewisville, ID

Menan, ID

Idaho Falls, ID

Rexburg, ID

Frequently Asked Questions

What is the average home price in Rigby, ID 83442?

How have home prices in Rigby, ID 83442 changed over the past year?

What is the home price projection for Rigby, ID 83442?

What are the demographics of Rigby, ID 83442?

How long does it take homes to sell in Rigby, ID 83442?

What is the average rent price in Rigby, ID 83442?