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Newest Homes for Rent in Payette, ID

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  • /8

    $1,295 Per Month

    • 2 Beds
    • 1 Bath
    • 600 Sq Ft
    • North 11th Street

    1004-1006 N 11th St Unit 1004, Payette, ID 83661

    1004-1006 N 11th St Unit 1004, Payette, ID 83661
  • /12

    $795 Per Month

    • 1 Bed
    • 1 Bath
    • 672 Sq Ft
    • Condo for Rent

    529 N 7th St Unit B, Payette, ID 83661

    529 N 7th St Unit B, Payette, ID 83661

Frequently Asked Questions

How much does it cost to rent a home in Payette, ID?
The median rent for a home in Payette, ID is $1,045 per month, though prices vary by neighborhood, size, and property type. As of May 2026, condos tend to be the most affordable option while single-family homes are currently more expensive.
How much do you need to make to afford rent in Payette, ID?
To comfortably afford the median rent in Payette, ID, a household needs to earn roughly $41,800 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $1,045 per month in Payette, ID, renters typically need to show $3,135 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Payette, ID?
In Payette, ID, the price-to-rent ratio is 26.2, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.

Rental Home Trends in Payette, ID

Rental Home Trends

Number of Homes for Rent
2
Median Rent
$1,045
Median Single Family Home Rent
$1,775
Median Condo Rent
$1,250
How to Rent a Home