Rathdrum, ID—83858
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Rathdrum, ID
As of Oct '25, the median home price in Rathdrum, ID is $554,000, with a year-over-year change of 1.2%. This indicates that home prices in Rathdrum, ID are increasing. According to Zillow, the 1-year price projection is 1.7%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $554,000 | 1.2% |
| Single Family | $562,000 | 1.4% |
| Condos | $362,000 | 2.3% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $407,000 | -1.0% |
2 Bed | $418,000 | 0.5% |
3 Bed | $528,000 | 1.1% |
4 Bed | $647,000 | 2.2% |
| 5 Bed | $876,000 | 3.7% |
% of Housing Stock
Rental Trends — Rathdrum, ID
As of July '25, Rentcast reports the average rent in Rathdrum, ID is $2,180, with a year-over-year rent change of -7.6%. Per bedroom, the median rent as of July '25 in Rathdrum, ID is 1-bedrooms: $1,180, 2-bedrooms: $1,700, 3-bedrooms: $2,320, 4-bedrooms: $2,830. The most common rental property sizes in Rathdrum, ID are 3-bedroom and 2-bedroom, accounting for 51.3% and 34.0% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,350 | $2,180 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,000 | $1,180 |
| 2 Bed Rent | $1,500 | $1,700 |
| 3 Bed Rent | $2,350 | $2,320 |
| 4 Bed Rent | $3,000 | $2,830 |
% of Rental Stock
Property Listings — Rathdrum, ID
As of Oct '25, Realtor.com reports that the median days on market for a home in Rathdrum, ID is 70. This is a increase of 20.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 11.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $700,000 | -2.0% |
Listing Count | 281 | 1.0% |
| Listings as % of Homes | 2.1% | 1.0% |
Days on Market | 70 | 20.0% |
Demographics — Rathdrum, ID
As of the latest ACS Survey released in 2023, Rathdrum, ID has a population of 19,300, which has increased by 29.4% over the past 5 years. Rathdrum, ID is a moderately popular place for families, as children make up 24.4% of the population. The area has a moderately educated workforce, with 25.0% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 13.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 19,300 | 29.4% |
% Under 18 | 24.4% | 5.6% |
% Seniors | 17.1% | -3.4% |
% WFH | 13.4% | 100.0% |
% w/ College Degree | 25.0% | 10.1% |
As of the latest ACS Survey released in 2023, Rathdrum, ID is a predominantly white area, with 86.3% of the population identifying as white. The white population has shrunk by 4.4% in the last 5 years. The second most common race or ethnicity in Rathdrum, ID is hispanic, making up 6.9% of the population. Foreign-born residents account for 2.3% of the population in Rathdrum, ID, and this percentage has increased by 15.0% 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 | 86.3% | -4.4% |
% Black | 0.1% | -75.0% |
% Hispanic | 6.9% | 21.1% |
% Asian | 0.3% | -57.1% |
% Foreign Born | 2.3% | 15.0% |
Mortgage and Risk — Rathdrum, ID
According to HUD data as of 2023, there were 558 mortgage originations in Rathdrum, ID, of which 79.0% of loans were conventional mortgages. The average loan-to-value was 55.0%, with 24.0% above 90% LTV (very high). This implies large mortgage risk in Rathdrum, ID. Investor activity is low, as 2.0% of loans were by investors. 10.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 558 |
% Conventional Loans | 79.0% |
% Government Loans | 21.0% |
% Investor Loans | 2.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 10.0% |
Loan Activity
Rentals and Section 8 — Rathdrum, ID
As of 2024, the percent of homes in Rathdrum, ID under the Section 8 program is 4.9%. 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 units appear to be good home sizes to consider for Section 8 housing in Rathdrum, ID, because HUD payments exceed market rent, while 2-bedroom and 3-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 56 |
Total Units Section 8 | 56 |
% Rentals under Section 8 | 4.9% |
% Occupied Section 8 | 82.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $230 | $1,000 | $1,230 |
| 2 Bedroom | -$40 | $1,500 | $1,460 |
| 3 Bedroom | -$300 | $2,350 | $2,050 |
| 4 Bedroom | -$550 | $3,000 | $2,450 |
Affordability — Rathdrum, ID
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5.9 |
| Median Home Price | $554,000 |
| Median Household Income | $93,000 |