Commercial Real Estate Market in Twin Falls, ID
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
276 active listings and 2,141 off-market properties in Twin Falls, ID. Commercial property asks $127/SF to buy and $138.33/SF/Yr to lease.
Market Trends
Twin Falls, ID spans 647.6 square miles in Twin Falls County, Idaho. Figures below refresh monthly; last updated 30 September 2026.
Office
Office vacancy in Twin 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 Twin 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 Twin 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 Twin Falls, ID asks $170/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
Twin Falls, ID has 60,948 residents in 24,592 households. Density runs 94 people per square mile. Median household income here is $62,501 and median gross rent $1,011 a month.
60,948
Population
24,592
Households
2.5
Avg Household Size
35
Median Age
24%
College-Educated
90%
High-School Grad
647.6 sq mi
ZIP Area
94
Density / Sq Mi
$62,501
Median Household Income
$36,263
Median Earnings
$1,011
Median Rent
$290,207
Median Home Value
Tools
Nearby Markets
Commercial property in Twin Falls, ID asks $127/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Twin Falls?
Commercial property in Twin Falls, ID asks an average of $127 per square foot. Multifamily carries the highest asking price at $170/SF.
How much does it cost to lease commercial space in Twin Falls?
Asking lease rates in Twin Falls, ID average $138.33 per square foot per year.
Where does Realmo's Twin Falls market data come from?
Realmo compiles Twin Falls, ID figures from 215 active sale listings, 61 active lease listings, 2,141 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 215 active for-sale and 61 active for-lease listings in Twin 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
