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I'm looking for a new place to live, I'm looking for an economically depressed area within an hour or so of a semi large town. Where I could pick up a half way decent house for around $50,000. Does this exist in Idaho?
 

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Try Caldwell, ID. http://www.city-data.com/city/Caldwell-Idaho.html
30 miles from Boise - full of people who commute to Boise for work. Caldwell and Nampa are growing rather quickly with new sub-divisions going up everywhere but the older parts of town are becoming more violent.

Mountain Home, ID is another option
http://www.city-data.com/city/Mountain-Home-Idaho.html

Its not incredibly small (though I'm from Wyoming so my perspective is a little of) and is about 40 minutes from Boise.
Housing cost is a bit above $50,000 but still rather low.

You could also search for something around Twin Falls: http://www.city-data.com/city/Twin-Falls-Idaho.html
 
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