Wallace, ID rental market

What is the average rent in Wallace, ID?

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Last updated June 28, 2026

Rental market summary

The average rent for all bedrooms and all property types in Wallace, ID is $350.

Average rent

$350

Month-over-month change

-$1,150

Year-over-year change

-$900

Available rentals

2

Source: Zillow Rentals data

Rental price range

The price range for all bedrooms and all property types is $1,475 to $1,475.

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Rent frequencies
Rent priceNumber of rental properties
$01
$1,400+1

Average rent price over time

In the last year, rent has decreased by $900 compared to the previous year.

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Average rent price over time
Last year (2025)This year (2026)
Jan$1,250$1,550
Feb$1,350$1,750
Mar$1,300$1,500
Apr$1,450No data
May$1,500No data
Jun$1,500No data
Jul$1,250No data
Aug$1,100No data
Sep$750No data
Oct$1,700No data
Nov$1,400No data
Dec$775No data

Market temperature

The Wallace, ID rental market temperature is HOT. Market temperature is based on changes in renter demand compared to the national average. For example, a hot market has increasing demand.

hot

Temperature is based on all bedrooms and all property types.

Compare average rent in markets

Rent in Wallace, ID is 83% lower than the national average.

Wallace, IDvs.

$350

$2,021

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Frequently asked questions

1. What is the average rent in Wallace, ID?

The average rent in Wallace, ID is $350.

2. What is the average rent for a one-bedroom apartment in Wallace, ID?

The average rent for a one-bedroom apartment in Wallace, ID is $350 per month.

3. What is the average rent for a two-bedroom apartment in Wallace, ID?

The average rent for a two-bedroom apartment in Wallace, ID is $1,481 per month.

4. How much does it cost to rent a house in Wallace, ID?

Houses in Wallace, ID rent between $1,475 - $1,475 with an average rent of $350.

5. How has the rent in Wallace, ID changed in the last year?

In the last year, the rent in Wallace, ID decreased by $900

6. How much has the rent in Wallace, ID increased/decreased in the last month?

In the last month, the rent in Wallace, ID decreased by $1,150

7. How many available rentals are there in Wallace, ID?

There are currently 2 rentals available in Wallace, ID.

8. How do rent prices in Wallace, ID compare with the national average?

The average rent in Wallace, ID is $350 — 82.68% lower the national average of $2,021.

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