Location: Oneida County, ID | Metro: Oneida County, ID
| Unit Size | Monthly FMR |
|---|---|
| Studio | $910 |
| 1 Bedroom | $910 |
| 2 Bedrooms | $1,110 |
| 3 Bedrooms | $1,540 |
| 4 Bedrooms | $1,860 |
| 5 Bedrooms | $2,158 |
| 6 Bedrooms | $2,417 |
| 7 Bedrooms | $2,610 |
| 8 Bedrooms | $2,741 |
U.S. Census Bureau data (2024)
The Fair Market Rent (FMR) for ZIP code 83243 in metro FY 2026 is set at $1,100. This figure represents the payment standard for landlords participating in the Section 8 Housing Choice Voucher program, meaning the government will cover up to $1,100 per month for eligible tenants. It's important to note that this is not the amount you can charge as rent; it's the maximum subsidy payment you can receive.
In ZIP 83243, the median rent is currently listed as N/A, which indicates that there isn't enough data to determine an average rent price. However, the 0.0% renter share suggests that there is limited competition among renters, indicating a potentially high demand for affordable housing options. Landlords who offer Section 8 rentals can fill a critical need in the community and ensure consistent tenancy.
The acquisition cost for properties in this area is also listed as N/A, which means that there isn't a clear benchmark for property values. This lack of data makes it challenging to assess whether a property is priced appropriately for the market. However, given the high demand for affordable housing, properties that meet the criteria for Section 8 eligibility could be a sound investment.
Before deciding to participate in the Section 8 program with a rental in ZIP 83243, verify that your property meets the required standards for habitability, safety, and cleanliness. The Housing Quality Standards (HQS) inspection is mandatory and failing it could delay your participation in the program. Ensure that all necessary repairs and improvements are completed to avoid any issues during the inspection process.
Data Sources: FMR data from HUD (2027). Demographics from U.S. Census (2024).
About FMR: Fair Market Rent (FMR) is used to determine payment standards for the Section 8 Housing Choice Voucher program, initial renewal rents for some expiring project-based Section 8 contracts, and rent ceilings for HOME Investment Partnerships.