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Homes Under $300,000 in Rexburg, Utah
Finding an affordable home in eastern Idaho just got easier. Rexburg offers a unique opportunity for buyers seeking quality homes under $300,000, combining small-town charm with growing amenities. Whether you're a young family looking to plant roots, a student transitioning from BYU-Idaho to homeownership, or someone seeking a peaceful community with mountain views, Rexburg's affordable housing market provides excellent value compared to larger Utah cities just a few hours south.
The Rexburg area features a variety of properties in this price range, from cozy starter homes perfect for first-time buyers to well-maintained family residences with room to grow. The community's strong economy, excellent schools, and proximity to outdoor recreation—including Yellowstone National Park and world-class fishing—make it an attractive place to call home. With low crime rates and a welcoming neighborhood atmosphere, your investment here supports both your financial goals and quality of life.
Browse our current listings of homes under $300,000 in Rexburg to discover properties that match your needs and budget. Each listing includes detailed photos, property information, and neighborhood insights to help you make an informed decision. Ready to schedule a showing or have questions about the Rexburg market? Our experienced local agents are here to guide you through every step of your home-buying journey.
February 2026 · Rexburg market
Live from the Utah MLS — what's actually happening in Rexburg right now.
Median sale
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1 closed in February 2026
Median DOM
19 days
listing → contract
Sale-to-list
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of final list price
Unsold inventory
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active + pending
1 matching · page 1 of 1
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Common questions
About homes under $300k in Rexburg.
What kind of homes can I actually get under $300K in Rexburg? ▾
Mostly 2-3 bedroom townhomes, condos, and older single-family homes in the 1,000-1,600 square foot range. Newer construction under $300K is rare and usually limited to attached townhomes or smaller lots on the edges of town rather than downtown or near-campus locations.
Are these homes good rental investments given BYU-Idaho? ▾
Yes, this is one of the main reasons the sub-$300K market stays active — investors buy townhomes and small houses near campus to rent to students by the room or by the unit. Cash flow potential is real, but check city rental licensing rules and HOA restrictions before assuming you can rent by the room.
How competitive is this price range right now? ▾
Well-priced, move-in-ready homes under $300K in Rexburg typically get offers within a couple weeks, especially anything within walking distance of BYU-Idaho. Homes needing work or sitting farther from campus sit longer, so there's more room to negotiate on those.
Do I need to worry about HOA fees on condos and townhomes in this range? ▾
Most attached properties under $300K carry an HOA fee, often $100-$250 a month, covering exterior maintenance, snow removal, and sometimes water. Always get the HOA's financials and rules before closing, especially if you're planning to rent it out to students.
How does Rexburg's winter climate affect homes at this price point? ▾
Rexburg sits at higher elevation with cold, snowy winters and heating costs that add up in older, less-insulated homes common at this price. Have a home inspector check furnace age, insulation, and roof condition specifically for snow load before you buy.
Is financing harder to find on lower-priced homes here? ▾
Not generally — conventional, FHA, and USDA loans (Rexburg often qualifies for USDA rural financing) all work fine under $300K, and FHA/USDA can be attractive since down payment requirements are lower. Condos need to be on the FHA-approved list if you're using an FHA loan, so check that early.