Mortgage payment estimates, closing cost breakdowns, and homebuying data for Caldwell, Idaho.
Median Home Price
$345K
Population
62K
Avg Monthly Rent
$1,220
Property Tax Rate
0.63% *
* Property tax shown is the Idaho state average effective rate. Actual rates vary by county, city, and school district — check with your local assessor for exact rates in Caldwell.
Caldwell vs Idaho Median
The median home price in Caldwell is $345,000, which is 18% below the Idaho state median of $420,000.
Mortgage Calculator — Caldwell, ID
Pre-filled with Caldwell median home price and Idaho tax/insurance rates. Adjust for your property.
Three down payment scenarios for a $345K home using Idaho's 0.63% tax rate and $1,600/yr insurance.
5% Down
$2,577/mo
Down: $17,250
Loan: $328K
P&I: $2,072
Tax: $181
Insurance: $133
PMI: $191
10% Down
$2,458/mo
Down: $34,500
Loan: $311K
P&I: $1,963
Tax: $181
Insurance: $133
PMI: $181
20% Down (No PMI)
$2,059/mo
Down: $69,000
Loan: $276K
P&I: $1,745
Tax: $181
Insurance: $133
Income needed (28% rule): $88K/year with 20% down, $105K/year with 10% down.
Rent vs Buy in Caldwell
Rent
$1,220/mo
vs
Buy (10% down)
$2,458/mo
Price-to-rent ratio: 23.6 — At a ratio above 20, renting may be more economical in Caldwell for shorter stays. Buying costs $1,238 more per month than renting, and it typically takes 5-7 years to break even on the transaction costs of buying.
The median home price in Caldwell is $345,000, 18% below the Idaho state median of $420,000. With a population of 61,657, Caldwell is a smaller market where home prices tend to be more accessible than in many parts of Idaho.
Property taxes in Idaho average 0.63% annually. This low property tax rate is a significant advantage for Caldwell buyers, keeping your monthly costs well below what you'd pay in higher-tax states. Homeowners insurance in Idaho runs approximately $1,600 per year. This is within the normal range nationally.
Average rent in Caldwell is $1,220/month. With a price-to-rent ratio above 20, renting could be more economical in the short term — use our Rent vs Buy calculator to model your specific timeline.
Caldwell presents moderate affordability. The $345K median puts homeownership within reach for median-income households, though down payment savings and closing costs require planning.
Run a Rent vs Buy analysis
Compare total costs of renting vs buying in Caldwell.