The typical owner-occupied home in Garden Valley is worth about $782,100, 87% above the Idaho median of $418,600 and 2.4 times the national median of $332,700. Owners pay a median $2,139 a year in property taxes, about 0.27% of their home's value, lower than the Idaho rate of 0.49%. 73% of occupied homes here are lived in by their owners, and 56% of those owners still have a mortgage.
Garden Valley at a glance
| Garden Valley | Idaho | U.S. | |
|---|---|---|---|
| Median home value | $782,100 | $418,600 | $332,700 |
| Median property tax paid per year | $2,139 | $2,038 | $3,119 |
| Property tax as a share of value | 0.27% | 0.49% | 0.94% |
| Median household income | – | $77,800 | $80,734 |
| Homes lived in by their owners | 73% | 72% | 65% |
| Owner homes with a mortgage | 56% | 62% | 61% |
| Median monthly costs, owners with a mortgage | – | $1,687 | $1,963 |
| Those costs as a share of the owners' income | 43.2% | 20.7% | 21.0% |
| Median rent | $964 | $1,238 | $1,413 |
| Rent as a share of renters' income | 14.0% | 28.7% | 30.6% |
| Median year homes were built | 1993 | 1991 | 1980 |
| Vacant homes | 26.2% | 10.3% | 10.1% |
| Population | 438 | 1,934,262 | 334,922,499 |
What a typical home costs per month in Garden Valley
At this week's average 30-year rate of 7.11%, buying the median Garden Valley home of $782,100 with 20% down costs about $4,711 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $6,139, because the loan is bigger and FHA adds mortgage insurance.
Lenders usually want housing costs under about 28% of gross income, which means an income of roughly $201,893 for the 20%-down payment.
The median rent here is $964 a month, so owning the median home costs about $3,747 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $156,420 |
|---|---|
| Loan amount | $625,680 |
| Principal and interest | $4,209 |
| Property taxes (0.27% a year) | $176 |
| Homeowners insurance (our estimate, 0.5% a year) | $326 |
| PMI | $0 |
| Total per month | $4,711 |
Change the numbers in the calculator
| Down payment | $27,374 |
|---|---|
| Loan amount | $767,934 |
| Principal and interest | $5,166 |
| Property taxes (0.27% a year) | $176 |
| Homeowners insurance (our estimate, 0.5% a year) | $326 |
| FHA mortgage insurance | $472 |
| Total per month | $6,139 |
Change the numbers in the calculator
Questions about home buying in Garden Valley
What is the median home value in Garden Valley?
About $782,100 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Garden Valley?
Homeowners pay a median $2,139 a year, which is about 0.27% of the median home value. Your bill depends on your home's assessed value and local rates.
What income do you need to buy a home in Garden Valley?
For the median home with 20% down at 7.11%, the payment is about $4,711 a month. Keeping that under 28% of gross income takes about $201,893 a year.
More about Garden Valley
- Mortgage Refinance in Garden Valley
- Debt Relief in Garden Valley
- Home Equity Loans in Garden Valley
- Guides and quotes for mortgage refinance on our sister site, MortgageRefinance.com
Sources: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates; Freddie Mac Primary Mortgage Market Survey, week of November 12, 2026. Estimates for small places have wide margins of error. About our data