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Rent Inflation in Pocatello, ID

The average asking rent in Pocatello, ID is $1,097/month as of 2026-08. That is +0.5% compared to a year ago.

Source: Zillow Observed Rent Index (ZORI) | zillow.com/research

Current Avg Rent

$1,097/mo

as of 2026-08

Year-over-Year Change

+0.5%

24-Month Rent Trend

Monthly ZORI index values for Pocatello, ID.

MonthAvg Asking RentChange from Prior Month
2026-08$1,097+0.37%
2026-07$1,093+0.64%
2026-06$1,086+1.12%
2026-05$1,074+0.09%
2026-04$1,073+0.66%
2026-03$1,066+0.19%
2026-02$1,064+0.85%
2026-01$1,055+0.29%
2025-12$1,052-1.22%
2025-11$1,065-2.20%
2025-10$1,089-0.82%
2025-09$1,098+0.64%
2025-08$1,091+1.02%
2025-07$1,080+0.28%
2025-06$1,077+1.32%
2025-05$1,063+1.53%
2025-04$1,047+1.06%
2025-03$1,036+0.88%
2025-02$1,027+0.49%
2025-01$1,022+0.29%
2024-12$1,019-0.10%
2024-11$1,020-0.49%
2024-10$1,025-0.77%
2024-09$1,033—

Why Rent Inflation Matters

Shelter is the single largest component of the official CPI, accounting for roughly one-third of the index. But the BLS shelter index tends to lag real-market rent changes by 12–18 months because it measures rents paid by all tenants — including long-term renters locked into old leases. ZORI measures asking rents for new leases, making it a timelier signal of where CPI shelter inflation is headed.

When ZORI is rising sharply in your city, it is a leading indicator that official shelter inflation — and therefore overall CPI — will remain elevated in coming months.

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Data Source

Rent data uses the Zillow Observed Rent Index (ZORI), a smoothed measure of typical market-rate asking rents updated monthly by Zillow Research. ZORI covers single-family homes, condos, and co-ops and reflects asking rents for new leases — making it a more timely indicator than the lagged BLS shelter index. zillow.com/research | Money & Prices