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Data on this report is based on areas within the legal city boundary, outlined in black on the map. Any additional neighborhoods shown on the map are associated with the city by name and are included for reference only.



Rigby, ID Real Estate Market

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q2 2024. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2022 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Rigby, ID Housing Market Trends

With 5,452 people, 1,845 houses or apartments, and a median cost of homes of $330,572, Rigby real estate prices are well above average cost compared to national prices.

Single-family detached homes are the single most common housing type in Rigby, accounting for 77.86% of the city's housing units. Other types of housing that are prevalent in Rigby include duplexes, homes converted to apartments or other small apartment buildings ( 10.58%), large apartment complexes or high rise apartments ( 7.02%), and a few mobile homes or trailers ( 2.86%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Rigby. Owner-occupied housing accounts for 70.78% of Rigby's homes, and 55.51% have either three or four bedrooms, which is average sized relative to America.

Rigby homes and real estate are some of the newest in America. 34.88% of Rigby's housing was built since 2000, making the city have a very new look and feel. If you like the amenities of newer homes and subdivisions, then you will probably like what the Rigby real estate market has to offer. Quite a bit of the housing here was also built between 1970-1999 ( 31.80%), and between 1940-1969 ( 22.73%). There's also some housing in Rigby built before 1939 ( 10.58%).

Rigby Home Appreciation Rates

In the last 10 years, Rigby has experienced some of the highest home appreciation rates of any community in the nation. Rigby real estate appreciated 131.08% over the last ten years, which is an average annual home appreciation rate of 8.74%, putting Rigby in the top 20% nationally for real estate appreciation. If you are a home buyer or real estate investor, Rigby definitely has a track record of being one of the best long term real estate investments in America through the last ten years.

Over the last year, Rigby appreciation rates have trailed the rest of the nation. In the last twelve months, Rigby's appreciation rate has been -4.03%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Rigby were at 6.07%, which equates to an annual appreciation rate of 26.58%.

Importantly, this makes Rigby one of the highest appreciating communities in the nation for the latest quarter, and may signal the city's near-future real estate investment strength.

Relative to Idaho, our data show that Rigby's latest annual appreciation rate is lower than 90% of the other cities and towns in Idaho.

Average Home Values

Median Home Value

$330,572

Rigby, ID Home Prices
> $1,252,000
$939,001 - $1,252,000
$626,001 - $939,000
$501,001 - $626,000
$376,001 - $501,000
$250,001 - $376,000
$125,001 - $250,000
$63,001 - $125,000
$0 - $63,000
0.0%
0.0%
1.3%
1.3%
11.7%
11.7%
5.3%
5.3%
14.1%
14.1%
24.8%
24.8%
33.0%
33.0%
1.2%
1.2%
8.5%
8.5%
0% 100.0%
% of Homes
Low

for Idaho

High

for nation

Number of Homes And Apartments:

1,845

Rigby Appreciation Rates

Rent & Ownership

Average Market Rent:

$1,157 / per month

Homeownership Rate

Owners
Renters
70.8%
70.8%
29.2%
29.2%
0% 100.0%
% of Homes

Vacancy Rate

Vacant
Occupied
0.4%
0.4%
99.6%
99.6%
0% 100.0%
% of Homes

Housing Market Details

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
34.9%
34.9%
31.8%
31.8%
22.7%
22.7%
10.6%
10.6%
0% 100.0%
% of Homes

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
77.9%
77.9%
1.7%
1.7%
10.6%
10.6%
7.0%
7.0%
2.9%
2.9%
0.0%
0.0%
0% 100.0%
% of Homes

Home Size

No Bedroom
1 Bedroom
2 Bedrooms
3 Bedrooms
4 Bedrooms
5 or more bedrooms
0.0%
0.0%
6.1%
6.1%
15.5%
15.5%
36.8%
36.8%
18.7%
18.7%
22.9%
22.9%
0% 100.0%
% of Homes

Popular Neighborhoods in Rigby

Zip Codes in Rigby, ID