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Preston, ID

Full City Profile · Idaho · Franklin County County

2.7 /5.0
C+ Fair
5,800 Population 849/sq mi density
$55,625 Median Income $28,286 per capita
$280,500 Home Value $423,967 Zillow
$794 Median Rent 18.6% income on rent
47°F Avg Temperature 302 sunny days/yr
90 Violent Crime/100K 922 property/100K
C+
Overall
2.7 / 5.0
Fair overall score based on economy, affordability, safety and education
B+
Economy
3.8 / 5.0
$55,625 median income, 0.7% unemployment
B+
Affordability
3.8 / 5.0
$280,500 home value, $794/mo rent
F
Safety
1.0 / 5.0
90 violent crimes/100K
C
Education
2.3 / 5.0
15.7% bachelor's degree or higher

Housing Overview

Median Home Value
$280,500
0% below
US avg: $281,900
Median Rent
$794/mo
32% below
US avg: $1,163/mo
Homeownership Rate
68.2%
4% above US avg (65.4%)
Total Housing Units
2,073
Median year built: 1959

Home Value by Source

Census Median
$280,500
Zillow (ZHVI)
$423,967
Median Sale Price
$355,000
Median List Price
$365,000
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

68.2%
Owner-Occupied
31.8%
Renter-Occupied
68%
32%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$898/mo
1 Bedroom
$950/mo
2 Bedroom
$1,173/mo
3 Bedroom
$1,619/mo
4 Bedroom
$1,949/mo
Census median rent: $794/mo

Market Indicators (Redfin)

Median Days on Market
188 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
3
Price Drops
45.5%
of listings with price reduction
Price Per Sq Ft
$257
Active Inventory
22
homes for sale

Affordability & Housing Stock

Rent Burden
18.6%
of renters spending 30%+ of income on housing
40% below US avg (31.0%)
Median Year Built
1959
Average age of housing stock: 67 years
Homeownership Rate
68.2%

Complete Housing Data

Home Values

Census Median Value$280,500
Zillow Home Value (ZHVI)$423,967
Median Sale Price$355,000
Median List Price$365,000
Price Per Sq Ft$257

Rent

Census Median Rent$794
FMR Studio$898
FMR 1-Bedroom$950
FMR 2-Bedroom$1,173
FMR 3-Bedroom$1,619
FMR 4-Bedroom$1,949

Market

Days on Market188
Sale-to-List Ratio1.0%
Price Drops45.5%
Homes Sold3
Active Inventory22
Price Per Sq Ft$257

Ownership & Stock

Owner-Occupied68.2%
Renter-Occupied31.8%
Homeownership Rate68.2%
Total Housing Units2,073
Median Year Built1959
Rent Burden18.6%