Commercial Real Estate Market in Rexburg, ID
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
222 active listings and 1,243 off-market properties in Rexburg, ID. Commercial property asks $5/SF to buy and $23.58/SF/Yr to lease.
Market Trends
Rexburg, ID spans 182.0 square miles in Madison County, Idaho. Figures below refresh monthly; last updated 30 September 2026.
Office
Office vacancy in Rexburg, ID runs 20.8% across the West region in 2025, up from 11% in 2019.
Vacancy Rate % in West region
Retail
Retail vacancy in Rexburg, ID runs 5.8% across the West region in 2025, down from 7% in 2020.
Vacancy Rate % in West region
Industrial
Industrial vacancy in Rexburg, 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 Rexburg, ID asks $216/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
Zoning & Land Use
Land Use Mix share of zoned land by category
- Agricultural 36.9%
- Residential 35.2%
- Industrial 13%
- Commercial 8.7%
- Civic 4.5%
- Mixed use 0.9%
- Open space 0.6%
Largest Zones share of zoned land by district
Transitional Agriculture
Rural Residential 1
Low Density Residential 2
Public Facilities Zone
Community Business Center
Transitional Agriculture (TAG)
The Transitional Agricultural zone is intended to anticipate expansion of the City into agricultural areas (lands). Permitted uses in the TAG zones include all primary agricultural production activities and their accessory uses and buildings, including farm homes.
Market overview
Demographics & Economy
Rexburg, ID has 50,620 residents in 13,854 households. Density runs 278 people per square mile. Median household income here is $57,701 and median gross rent $959 a month.
50,620
Population
13,854
Households
3.7
Avg Household Size
25
Median Age
40%
College-Educated
97%
High-School Grad
182 sq mi
ZIP Area
278
Density / Sq Mi
$57,701
Median Household Income
$11,659
Median Earnings
$959
Median Rent
$372,800
Median Home Value
Tools
Nearby Markets
Commercial property in Rexburg, ID asks $5/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Rexburg?
Commercial property in Rexburg, ID asks an average of $5 per square foot. Multifamily carries the highest asking price at $216/SF.
How much does it cost to lease commercial space in Rexburg?
Asking lease rates in Rexburg, ID average $23.58 per square foot per year.
Where does Realmo's Rexburg market data come from?
Realmo compiles Rexburg, ID figures from 194 active sale listings, 28 active lease listings, 1,243 tracked off-market properties, the current Rexburg zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 30 September 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 194 active for-sale and 28 active for-lease listings in Rexburg, 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: 11,808 zoned acres across 25 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
