Total monthly cost of ownership
Cost to Own a Home in Coeur d'Alene, Idaho
A $452,000 home here costs
$3,300per month, all in, with 20% down at today's 7.24% 30-year fixed rate. By the 28% rule that takes a household income of about $141,500 a year.
A standard mortgage calculator would have told you $2,464. The real number is $836 higher every month, 34% more than the payment most buyers budget for.
Compare Kootenai County with anywhere in America · full county breakdown
Where every dollar goes
Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.
Coeur d'Alene against Kootenai County and Idaho
| Measure | Coeur d'Alene | Kootenai County |
|---|---|---|
| Median home value | $451,600 | $467,400 |
| Median property tax | $2,122 | $2,203 |
| Effective tax rate | 0.470% | 0.471% |
| Median gross rent | $1,328 | $1,330 |
| Population | 55,558 | 177,736 |
The weather behind that power bill
Coeur d'Alene sits in Kootenai County, which averages a high of 83.0°F in its hottest month and a low of 26.2°F in its coldest, with 25.36" of precipitation a year and 40% of it in a single three-month stretch. That climate drives 436 cooling and 6,317 heating degree days, which is what sets the $126 electricity line above.
See the full climate breakdown for Kootenai County , month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Kootenai County
Talk to someone who works this market
These are Coeur d'Alene averages. What one specific house costs to own, or what it would sell for today, depends on the street and the condition of the place. We will connect you with one licensed local agent who works Coeur d'Alene every week. Free, no obligation, and we never sell your details to a list.
I'm looking to buy in Coeur d'Alene I already own here and may sell
Common questions
How much does it cost to own a home in Coeur d'Alene?
A $452,000 home in Coeur d'Alene, Idaho costs approximately $3,300 per month with 20% down at 7.24%. That is $2,464 principal and interest, $177 property tax, $88 homeowners insurance, $194 utilities and $377 set aside for maintenance.
What is the property tax rate in Coeur d'Alene?
Coeur d'Alene has an effective property tax rate of 0.470%, based on a median home value of $451,600 and median real estate taxes of $2,122. That is in line with the Kootenai County average of 0.471%.
What is the average home price in Coeur d'Alene?
The median owner-occupied home value in Coeur d'Alene, Idaho is $451,600, against $467,400 across Kootenai County.
Is it cheaper to rent or buy in Coeur d'Alene?
Median gross rent in Coeur d'Alene is $1,328 a month, against $3,300 to own the median home all in. Renting costs less month to month here, though renting builds no equity.
What salary do you need to buy a home in Coeur d'Alene?
Using the standard 28% rule, housing costs at no more than 28% of gross income, buying the median home in Coeur d'Alene, Idaho at today's rate takes a household income of roughly $141,500 a year. That covers the full $3,300 monthly cost, not just the mortgage payment.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Coeur d'Alene, US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance, NAIC average premium for Idaho.
- Electricity price, EIA Electric Power Monthly Table 5.6.A.
- Mortgage rate, Freddie Mac PMMS, refreshed weekly.
- Maintenance (1%/yr) and water and sewer ($68/mo) are national estimates. Every assumption above is editable.