Commercial Real Estate Market in Idaho Falls, ID
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
445 active listings and 3,525 off-market properties in Idaho Falls, ID. Commercial property asks $32/SF to buy and $16.48/SF/Yr to lease.
Market Trends
Idaho Falls, ID spans 425.3 square miles in Bonneville County, Idaho. Figures below refresh monthly; last updated 30 September 2026.
Office
Office vacancy in Idaho Falls, ID runs 20.8% across the West region in 2025, up from 11% in 2019.
Vacancy Rate % in West region
Retail
Retail vacancy in Idaho Falls, ID runs 5.8% across the West region in 2025, down from 7% in 2020.
Vacancy Rate % in West region
Industrial
Industrial vacancy in Idaho Falls, ID runs 7.9% across the West region in 2025, up from 3.7% in 2019. Nearly 3.2x the 2022 low of 2.5%.
Vacancy Rate % in West region
Multifamily
Multifamily space in Idaho Falls, ID asks $156/SF to buy. Vacancy runs 8.6% across the West region in 2025, up from 7% in 2022.
Average Sale Price $/SF
Listings
Vacancy Rate % in West region
Market overview
Demographics & Economy
Idaho Falls, ID has 120,060 residents in 44,452 households. Density runs 282 people per square mile. Median household income here is $78,017 and median gross rent $1,061 a month.
120,060
Population
44,452
Households
2.7
Avg Household Size
33
Median Age
32%
College-Educated
92%
High-School Grad
425.3 sq mi
ZIP Area
282
Density / Sq Mi
$78,017
Median Household Income
$36,301
Median Earnings
$1,061
Median Rent
$323,067
Median Home Value
Tools
Nearby Markets
Commercial property in Idaho Falls, ID asks $32/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Idaho Falls?
Commercial property in Idaho Falls, ID asks an average of $32 per square foot. Multifamily carries the highest asking price at $156/SF.
How much does it cost to lease commercial space in Idaho Falls?
Asking lease rates in Idaho Falls, ID average $16.48 per square foot per year.
Where does Realmo's Idaho Falls market data come from?
Realmo compiles Idaho Falls, ID figures from 333 active sale listings, 112 active lease listings, 3,525 tracked off-market properties. Sale and lease figures refresh monthly; vacancy annually. Last updated 30 September 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 333 active for-sale and 112 active for-lease listings in Idaho Falls, ID. These are ASKING figures from live listings, not closed-transaction prices, and a segment carried by a handful of listings reads as indicative rather than an average.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Refresh
- The monthly aggregates close at the end of the previous month, so 30 September 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at West region level, retail vacancy is reported at West region level and industrial vacancy is reported at West region level.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 30 September 2026 · report a data issue
