Location: Twin Falls County, ID | Metro: Twin Falls County, ID HUD Metro FMR Area
| Unit Size | Monthly FMR |
|---|---|
| Studio | $900 |
| 1 Bedroom | $990 |
| 2 Bedrooms | $1,290 |
| 3 Bedrooms | $1,790 |
| 4 Bedrooms | $2,160 |
| 5 Bedrooms | $2,506 |
| 6 Bedrooms | $2,807 |
| 7 Bedrooms | $3,032 |
| 8 Bedrooms | $3,184 |
$1060 is the Fair Market Rent (FMR) for ZIP 83303 in fiscal year 2024, indicating the maximum rental assistance payment for a two-bedroom unit under the Section 8 program.
N/A represents the market rent in ZIP 83303, which suggests that there isn't sufficient data to determine a reliable average market rent for the area.
N/A also applies to the median home value in ZIP 83303, implying a lack of comprehensive data on typical property values.
N/A% is the renter share in ZIP 83303, meaning there is no available data on the percentage of residents who are renters rather than homeowners.
N/A% is the median income figure for ZIP 83303, reflecting an absence of data on the typical earnings of local residents.
N/A-day DOM indicates that there is no data available on the average days on market for properties in ZIP 83303, making it difficult to assess how quickly homes are selling.
N/A% is the price-cut share in ZIP 83303, suggesting that there is no data on how often sellers reduce their asking prices.
The real estate market in ZIP 83303, Twin Falls, ID, offers a mix of residential properties with varying sizes and prices. For example, a 4-bedroom, 2-bathroom home listed at $330,000 and a larger 5-bedroom, 4-bathroom property priced at $675,000 are available. The absence of specific market data points, such as median home values and median incomes, makes it challenging to provide a precise valuation or predict future trends without further investigation.
Verdict: ZIP 83303 presents opportunities for Section 8 landlords and small-portfolio investors, but the lack of comprehensive market data necessitates thorough due diligence before investing.
Data Sources: FMR data from HUD (2027).
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.