Mortgage payment estimates, closing cost breakdowns, and homebuying data for Eagle, Idaho.
Median Home Price
$585K
Population
32K
Avg Monthly Rent
$1,720
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 Eagle.
Eagle vs Idaho Median
The median home price in Eagle is $585,000, which is 39% above the Idaho state median of $420,000.
Mortgage Calculator — Eagle, ID
Pre-filled with Eagle median home price and Idaho tax/insurance rates. Adjust for your property.
Three down payment scenarios for a $585K home using Idaho's 0.63% tax rate and $1,600/yr insurance.
5% Down
$4,277/mo
Down: $29,250
Loan: $556K
P&I: $3,513
Tax: $307
Insurance: $133
PMI: $324
10% Down
$4,075/mo
Down: $58,500
Loan: $527K
P&I: $3,328
Tax: $307
Insurance: $133
PMI: $307
20% Down (No PMI)
$3,399/mo
Down: $117,000
Loan: $468K
P&I: $2,958
Tax: $307
Insurance: $133
Income needed (28% rule): $146K/year with 20% down, $175K/year with 10% down.
Rent vs Buy in Eagle
Rent
$1,720/mo
vs
Buy (10% down)
$4,075/mo
Price-to-rent ratio: 28.3 — At a ratio above 20, renting may be more economical in Eagle for shorter stays. Buying costs $2,355 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 Eagle is $585,000, 39% above the Idaho state median of $420,000. With a population of 31,520, Eagle is a smaller market where home prices reflect strong demand and local economic factors.
Property taxes in Idaho average 0.63% annually. This low property tax rate is a significant advantage for Eagle 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 Eagle is $1,720/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.
Eagle is a higher-cost market. At $585K median, buyers need significant savings or strong income. Down payment assistance through Idaho's Idaho Housing DPA program becomes especially important.
Run a Rent vs Buy analysis
Compare total costs of renting vs buying in Eagle.