Housing in Elmore County

The inside story on rent prices
Source: US Census Bureau - ACS 5 Yr 2024

Both Census and HUD figures represent gross rent — contract rent plus estimated utility costs for electricity, heat, water, and sewer.

Rent in Elmore County averages $1,243/month for a 2‑bedroom in 2024, compared to the Idaho median of $1,238 and the national median of $1,413. Local renters spend approximately 28% of household income on rent, below the national average of 32%.

HUD 2026 50th Percentile Rent Estimates for Elmore County FMR Area are $956 for a studio, $963 for 1‑bedroom, $1,263 for 2‑bedroom, $1,757 for 3‑bedroom, and $2,119 for 4‑bedroom.

HUD 2026 Rent Estimates reflect market movement since 2024 Census data — a $20 increase for a 2-bedroom in Elmore County shows a 2% rise over that period.

The U.S. Bureau of Labor Statistics annual unemployment rate for Elmore County was 4.2% in 2024, compared to Idaho at 3.7% and the national rate of 4.0%.

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Towns near Hammett

City
County
State
Miles
Twin Falls
ID
0.0
Twin Falls
ID
5.6
Twin Falls
ID
7.4
Twin Falls
ID
8.9
Jerome
ID
11.3
Jerome
ID
11.5
Twin Falls
ID
16.2
Twin Falls
ID
16.6
Jerome
ID
17.2
Gooding
ID
18.7
Twin Falls
ID
20.7
Lincoln
ID
26.7
Lincoln
ID
27.4
Gooding
ID
27.7
Gooding
ID
29.1
Twin Falls
ID
32.2
Cassia
ID
34.5
Minidoka
ID
34.5
Gooding
ID
34.9
Minidoka
ID
35.5
Lincoln
ID
38.3
Cassia
ID
39.5
Minidoka
ID
42.7
Elmore
ID
46.8
Cassia
ID
47.9
Owyhee
ID
49.7
Minidoka
ID
51.0
Elmore
ID
51.3
Cassia
ID
52.8
Elmore
ID
53.7
Cassia
ID
53.9
Cassia
ID
58.3

Renter Qualifications

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Twin Falls: An Agricultural Hub in Idaho

Settlers traveled along the Oregon Trail and began to settle in places like Twin Falls. Local rancher, Ira Burton Perrine, founded the Twin Falls Land and Water Company in 1900 and worked with investors to build Milner Dam that would supply water to convert arid land into fertile farmland.

The city was incorporated in 1905 and grew as an agricultural community. The name "Twin Falls" comes from two nearby waterfalls, Shoshone Falls and Pillar Falls, which are major attractions today.

Recreation in Southern Idaho

Explore the stunning Shoshone Falls, hike along the Snake River Canyon Trail with beautiful vistas of the canyon and surroundings, or cool off at Dierkes Lake where you can swim, fish, or picnic. Twin Falls has over 30 parks and trails to enjoy.

The Perrine Bridge is a hotspot for BASE jumping, attracting thrill-seekers worldwide. The Snake River Canyon provides opportunities for kayaking, rafting, and rock climbing, or soar through the canyon on zip lines at Zip the Snake!

Affordable Housing for Low-Income Households

Apartments are available for rent in Twin Falls that meet affordable housing standards: Section 8 Tenant Based, Section 8 Project Based, Section 42 Tax Credit, and other forms of rental assistance.

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