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Wallace, ID Home Values and Rents
The typical home value in Wallace is $260,938, 79th highest of 100 cities and towns in Idaho. Median rent is $727 a month.
- Typical home value
- $260,938
- 79th of 100 in ID
- Median rent
- $727/mo
- ACS 2020-2024
- Price change, 1 year
- +2.6%
- Sep 2026
- Homeownership
- 57.6%
- ID: 72.1%
Typical home value in Wallace
Zillow Home Value Index, all homes, middle tier
Show as a table
| Period | Wallace |
|---|---|
| Sep 2026 | $260,938 |
| Dec 2025 | $255,582 |
| Dec 2024 | $256,140 |
| Dec 2023 | $249,108 |
| Dec 2022 | $259,754 |
| Dec 2021 | $243,003 |
| Dec 2020 | $170,951 |
| Dec 2019 | $144,386 |
| Dec 2018 | $113,263 |
| Dec 2017 | $102,325 |
| Dec 2016 | $100,358 |
| Dec 2015 | $91,293 |
Over five years, Wallace prices changed +14.6%.
Source: Zillow Research · Last updated 09/01/2026
Fair Market Rents, FY2027
HUD rent standard for Shoshone County, ID
| Unit size | Monthly rent | vs FY2026 |
|---|---|---|
| Studio | $913 | +9.1% |
| 1 bedroom | $919 | +6.9% |
| 2 bedrooms | $1,202 | +6.6% |
| 3 bedrooms | $1,479 | +9.4% |
| 4 bedrooms | $2,009 | +6.2% |
Frequently asked questions
- What is the typical home value in Wallace, ID?
- The typical home value in Wallace is $260,938 (Zillow Home Value Index, Sep 2026). The Idaho median is $418,600.
- How much is rent in Wallace?
- The median rent in Wallace is $727 a month, including utilities paid by the renter. HUD's FY2027 Fair Market Rent for a two-bedroom unit is $1,202.
- Are home prices going up in Wallace?
- The typical home value in Wallace changed +2.6% over one year and +14.6% over five years, as of Sep 2026.
- How does Wallace compare with the rest of Idaho?
- Wallace has the 79th highest median home value of 100 cities and towns with 1,000+ residents in Idaho.