Home prices
The price of the median home in Bonners Ferry is $162,100. This is roughly $18,220 (10%) lower in comparison to the surrounding areas.In comparison to the rest of the nation it is roughly $55,400 (25%) lower, and compared to the city of Spokane Valley is about $42,600 (20%) lower.
Rents
Bonners Ferry's median rent is $477 a month. This is about $298 (38%) lower in comparison to nearby areas.Compared to the United States as a whole it is about $585 (55%) lower, and is approximately $469 (49%) lower compared to the city of Spokane Valley.
Nearby places
Moyie Springs
Moyie Springs is roughly 5 miles east of Bonners Ferry. Its housing prices are pretty similar. The median home value in Moyie Springs is $164,500, which works out to $2,400 (1%) higher than Bonners Ferry. Rents there are a little more expensive. The median monthly rent in Moyie Springs is $615, which is $138 (22%) higher than Bonners Ferry.
Troy
Troy is about 21 miles southeast of Bonners Ferry. The real estate prices there are somewhat less expensive. The median home in Troy is valued at $153,500, which comes out to $8,600 (5%) lower than Bonners Ferry. The rent there is a bit more expensive. Troy's median rent is $538 a month, which works out to $61 (11%) higher than Bonners Ferry.
Kootenai
Kootenai is roughly 23 miles south from Bonners Ferry. The real estate prices there are a little more expensive. The median home in Kootenai is valued at $172,400, which comes out to $10,300 (5%) higher than Bonners Ferry. Rents there are significantly more expensive. In Kootenai the median monthly rent is $988, which comes out to $511 (51%) higher than Bonners Ferry.
Ponderay
Ponderay is about 24 miles south from Bonners Ferry. Its housing prices are pretty similar. Ponderay's median home value is $161,800, which is very similar to Bonners Ferry. Rent there is substantially more expensive. In Ponderay the median monthly rent is $771, which works out to $294 (38%) higher than Bonners Ferry.
Sandpoint
Sandpoint is roughly 25 miles south of Bonners Ferry. Its housing prices are substantially more expensive. The median home in Sandpoint is valued at $249,400, which comes out to $87,300 (35%) higher than Bonners Ferry. The rent there is significantly more expensive. Sandpoint's median monthly rent is $965, which comes out to $488 (50%) higher than Bonners Ferry.
