2026 data · 0.58% property tax · Median home $340,900
Idaho Mortgage Calculator
A median-priced home in Idaho ($340,900) costs roughly $2,079 per month all-in (PITI), assuming 20% down and a 30-year fixed at 7.0%. Idaho's effective property tax rate is 0.58% — well below the US average of about 1.0%.
Idaho median-home monthly payment
$2,079/mo
P&I $1,814 · Tax $165 · Insurance $99
@ $340,900 price, 20% down, 30-yr fixed at 7.0%
For a custom calculation with your specific numbers (different down payment, rate, term, or home price), use the main mortgage calculator — it includes a full amortization schedule.
Monthly payments at common home prices in Idaho
| Home price | 20% down | P&I | Prop tax | Insurance | Total PITI/mo |
|---|---|---|---|---|---|
| $200,000 | $40,000 | $1,064 | $97 | $58 | $1,219 |
| $300,000 | $60,000 | $1,597 | $145 | $88 | $1,829 |
| $340,900 (state median) | $68,180 | $1,814 | $165 | $99 | $2,079 |
| $400,000 | $80,000 | $2,129 | $193 | $117 | $2,439 |
| $500,000 | $100,000 | $2,661 | $242 | $146 | $3,049 |
| $750,000 | $150,000 | $3,992 | $363 | $219 | $4,573 |
Calculations use Idaho's 0.58% effective property tax rate, estimated homeowners insurance at 0.35%/year of home value, 30-year fixed at 7.0%, no PMI (20% down). Closing costs not included.
Idaho property tax
Effective rate
0.58%
Median home value
$340,900
Median property tax
$1,980/yr
Idaho property tax rates are low, with a $125,000 homeowner's exemption on owner-occupied homes. Property tax limit of 3% annual budget increase (excluding new construction).
See our property tax calculator for a state-by-state property tax breakdown, and our Idaho paycheck calculator to estimate take-home pay against this monthly housing cost.
Idaho vs neighboring states
| State | Property tax rate | Median home | Median tax/yr | |
|---|---|---|---|---|
| Idaho (this page) | 0.58% | $340,900 | $1,980 | |
| Montana | 0.74% | $349,900 | $2,580 | Montana mortgage → |
| Wyoming | 0.55% | $291,100 | $1,580 | Wyoming mortgage → |
| Utah | 0.58% | $420,200 | $2,450 | Utah mortgage → |
| Nevada | 0.53% | $394,000 | $2,062 | Nevada mortgage → |
FAQs about Idaho mortgages
What is the property tax rate in Idaho?
Idaho's effective property tax rate is 0.58%, meaning the average homeowner pays roughly 0.58% of their home's value in property tax annually. On a $340,900 home (the state median), that's about $1,980 per year, or $165 per month added to your mortgage payment.
What is the average monthly mortgage payment in Idaho?
For a home at Idaho's median value of $340,900, assuming 20% down, a 30-year fixed mortgage at 7.0%, and Idaho's 0.58% property tax + estimated insurance, the typical monthly PITI payment is approximately $2,079. This includes $1,814 principal & interest, $165 property tax, and $99 homeowners insurance.
How much income do I need to buy a house in Idaho?
Using the standard 28% front-end DTI rule, you'd need annual income of approximately $89,100 to comfortably afford Idaho's median-priced home. Lenders typically allow up to 43% total DTI (including all debts), which corresponds to about $58,019 annual income at the maximum end. Your specific qualification depends on credit score, down payment, debts, and lender requirements.
Is Idaho a good state to buy a house?
Idaho's combination of 0.58% property tax (well below the national average of ~1.0%) and median home value of $340,900 place it in the mid-range of state housing markets nationally. Idaho property tax rates are low, with a $125,000 homeowner's exemption on owner-occupied homes.
How does Idaho property tax compare to neighboring states?
Idaho's 0.58% rate compares to: Montana at 0.74%, Wyoming at 0.55%, Utah at 0.58%, Nevada at 0.53%. Property taxes can differ substantially between bordering states — moving 30 miles across a state line can change your annual tax bill by thousands.
Does Idaho have a homestead exemption?
Idaho offers various property tax relief programs. Idaho property tax rates are low, with a $125,000 homeowner's exemption on owner-occupied homes. Property tax limit of 3% annual budget increase (excluding new construction). Check with your county assessor for primary-residence exemptions and senior/disabled programs that may reduce your annual property tax bill.
What's included in PITI?
PITI stands for Principal, Interest, Taxes, and Insurance — the four standard components of a mortgage payment. For your Idaho mortgage, the breakdown on a median-priced home would be: Principal & Interest $1,814, Property Tax $165, Homeowners Insurance $99. Add PMI if your down payment is under 20%, and HOA fees if your home is in a community with one.