Mortgage Rates in Rathdrum, Idaho — March 2026
Updated March 2026 | Based on Rathdrum market data and regional lending conditions
Rathdrum is a growing city in Idaho with a population of 9,587. The current 30-year fixed mortgage rate in Rathdrum is 6.89%, which is 0.24% above the national average. With a median home price of $340,000 and a 20% down payment of $68,000, homebuyers can expect a monthly principal and interest payment of approximately $1,790.
Current Mortgage Rates in Rathdrum, ID
Below are the current average mortgage rates available in the Rathdrum area as of March 2026. Rates vary by lender, credit score, and loan-to-value ratio. Use our free calculator above to see your personalized estimate.
| Loan Type | Rate | National Avg | Difference |
|---|---|---|---|
| 30-Year Fixed | 6.89% | 6.65% | +0.24% |
| 15-Year Fixed | 6.11% | 5.89% | +0.22% |
| 5/1 ARM | 6.34% | 6.15% | +0.19% |
| FHA | 6.57% | 6.25% | +0.32% |
| VA | 6.32% | 6.05% | +0.27% |
| Jumbo | 7.14% | 6.85% | +0.29% |
Rathdrum Housing Market Overview
The Rathdrum housing market reflects moderate demand with prices near the national average. The median household income in Rathdrum is $52,200, and the cost of living index is 88.8 (national average = 100). Based on the 28% affordability rule, you would need an income of approximately $84,129 to comfortably afford the median-priced home in Rathdrum, which exceeds the current median household income.
Monthly Payment Breakdown for Rathdrum
Based on the median home price of $340,000 with 20% down ($68,000), here is what you can expect to pay monthly in Rathdrum:
15-Year vs. 30-Year Mortgage in Rathdrum
Choosing a 15-year mortgage in Rathdrum at 6.11% instead of a 30-year at 6.89% would save you $228,420 in total interest over the life of the loan. However, your monthly payment would be $2,311 instead of $1,790 — an increase of $521 per month.
Calculate Your Rathdrum Mortgage Payment
Use our free calculator to get a personalized estimate based on your loan amount, interest rate, and term.
Open Free CalculatorFrequently Asked Questions About Mortgages in Rathdrum
What are the current mortgage rates in Rathdrum, ID?
As of March 2026, the average 30-year fixed mortgage rate in Rathdrum, Idaho is 6.89%, while the 15-year fixed rate is 6.11%. FHA loans average 6.57% and VA loans 6.32%. These rates are 0.24% above the national average of 6.65%.
How much is a monthly mortgage payment in Rathdrum?
Based on the median home price of $340,000 with 20% down, the estimated monthly mortgage payment in Rathdrum is $1,790 for principal and interest. Including property taxes of $173/month, the total monthly housing cost is approximately $1,963.
What income do I need to buy a home in Rathdrum?
Using the 28% rule, you would need an annual income of approximately $84,129 to afford the median-priced home in Rathdrum at $340,000. The median household income in Rathdrum is $52,200. This means most households would need to either earn above the median or consider homes below $340,000.
Is Rathdrum a good place to buy a home in 2026?
Rathdrum offers a below-average cost of living with a cost of living index of 88.8 (national average = 100). The property tax rate in Idaho is 0.61%, which is below the national average. Rathdrum has a population of 9,587 and offers a very affordable lifestyle.
Mortgage Rates in Other Idaho Cities
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Last updated: March 2026. Rates are approximate averages based on regional lending data for the Rathdrum, Idaho area. Individual rates may vary by lender, credit score, loan amount, and other factors. Use our free calculator for a personalized estimate.