Commercial Real Estate Market in Menan, ID
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
18 active listings and 9 off-market properties in Menan, ID.
Market Trends
Menan, ID spans 43.4 square miles in Jefferson County, Idaho. Figures below refresh monthly; last updated 30 September 2026.
Office
Office vacancy in Menan, ID runs 20.8% across the West region in 2025, up from 11% in 2019.
Vacancy Rate % in West region
Retail
Retail vacancy in Menan, ID runs 5.8% across the West region in 2025, down from 7% in 2020.
Vacancy Rate % in West region
Industrial
Industrial vacancy in Menan, 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 vacancy in Menan, ID runs 8.6% across the West region in 2025, up from 7% in 2022.
Vacancy Rate % in West region
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 90.1%
- Mixed use 9.9%
Largest Zones share of zoned land by district
Traditional Residential
Village District
Menan, ID zones 651 acres across 2 districts. The largest single district is Traditional Residential at 90.1%.
Traditional Residential (TR)
The purpose of the Traditional Residential District is to retain the existing patterns of residential development in Menan. The District will encourage single-family homes on larger lots. This District is characterized by predominantly residential uses and pastures. This District is recommended for areas where the water table is especially high
Market overview
Demographics & Economy
Menan, ID has 1,693 residents in 589 households. Density runs 39 people per square mile. Median household income here is $85,625 and median gross rent $1,134 a month.
1,693
Population
589
Households
2.9
Avg Household Size
38
Median Age
21%
College-Educated
91%
High-School Grad
43.4 sq mi
ZIP Area
39
Density / Sq Mi
$85,625
Median Household Income
$35,394
Median Earnings
$1,134
Median Rent
$240,400
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Rigby | — | — |
| Roberts | — | — |
| Ririe | — | — |
| Rexburg | — | $23.58 |
Commercial property in Menan, ID asks $957/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Menan?
Commercial property in Menan, ID asks an average of $957 per square foot.
What zoning applies to commercial property in Menan?
Menan, ID zones 651 acres across 2 districts, of which 0% is commercial and 0% industrial. The largest single district is Traditional Residential at 90.1% of zoned land. The purpose of the Traditional Residential District is to retain the existing patterns of residential development in Menan. The District will encourage single-family homes on larger lots. This District is characterized by predominantly residential uses and pastures. This District is recommended for areas where the water table is especially high Residential zoning covers 90.1% and open space 0%.
Where does Realmo's Menan market data come from?
Realmo compiles Menan, ID figures from 18 active sale listings, 9 tracked off-market properties, the current Menan zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 30 September 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 18 active for-sale and 0 active for-lease listings in Menan, 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.
- Zoning and land use
- The current municipal zoning release: 651 zoned acres across 2 districts. Shares are of zoned land, so parcels the release leaves unclassified are excluded from the mix.
- 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 · How Realmo checks market page data · Report a data issue
