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Rexburg

Learn about the people, housing, costs and businesses in Rexburg, Idaho

Median Home$397,650
Median Rent$1,007/month
Population39,982
Leading IndustriesTransportation · Professional Services3% transportation
Home Value Growth⬆⬆+13.8% over 2 years
Young Adults48% of residentstop 1% nationally
Renters76% of occupied units
Rexburg
ID

Frequently Asked Questions

What are today's mortgage rates in Rexburg?

As of today, the 30-year fixed mortgage rate for Rexburg is approximately 6.972% (7.011% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Rexburg?

The median home value in Rexburg is $398k. The median monthly rent is $1,007. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Rexburg?

Home values in Rexburg have increased 13.8% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Rexburg?

Based on a typical all-in ownership cost of $967/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $41k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Rexburg is $62k/year.

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What industries drive the economy in Rexburg?

The largest employment sectors in Rexburg are public administration (25%) and retail (13%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.