Section 8 Fair Market Rent (FMR) for ZIP 83333 - 2027

Location: Blaine County, ID | Metro: Blaine County, ID

Investment Score for ZIP 83333

F
Monthly Rent (2BR)
$1,800
Median Price (2BR)
$521,282
1% Rule
0.35%
Annual Yield
4.14%

Based on 1% Rule: A+ (≥1.5%) | A (≥1.2%) | B (≥1.0%) | C (≥0.8%) | D (≥0.6%) | F (<0.6%)

FY 2027 Fair Market Rent Rates

Unit Size Monthly FMR
Studio$1,250
1 Bedroom$1,380
2 Bedrooms$1,800
3 Bedrooms$2,350
4 Bedrooms$3,010
5 Bedrooms$3,492
6 Bedrooms$3,911
7 Bedrooms$4,224
8 Bedrooms$4,435

Investment Analysis by Bedroom Size

Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)

Bedrooms Monthly FMR Median Price 1% Rule Grade
1BR $1,380 $556,205 0.25% F
2BR $1,800 $521,282 0.35% F
3BR $2,350 $818,903 0.29% F
4BR $3,010 $1,596,174 0.19% F
5BR $3,492 $3,051,861 0.11% F

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Population
12,682
Median Household Income
$99,704
Housing Units
5,549
Renter Percentage
26.2%
Occupancy Rate
89.1%
Renter Occupied
1,297

ZIP 83333, located in Hailey, ID, within the Blaine County metro area, serves as an ideal cash-flow anchor for a Section 8 portfolio strategy. The Federal Market Rent (FMR) for the metro area in fiscal year 2026 is set at $1,620, which exceeds the current market rent of $1,547. This positive spread ensures steady cash flow for landlords participating in the Section 8 program.

The high median home value of $874,279 suggests that the area is relatively affluent and stable, making it less susceptible to drastic market fluctuations. Landlords can rely on consistent rental income without the risk of significant drops in property values.

A cash-flow anchor is crucial in any real estate investment portfolio to provide reliable, predictable income. ZIP 83333 meets this criterion with its favorable FMR-to-market rent ratio and stable housing market. The low 0.2% price-cut share indicates that properties in this area rarely need to be discounted, further supporting the idea of a stable and secure investment.

While the ZIP code also offers potential as an appreciation play, given its N/A-day Days on Market (DOM), which implies quick sales, the primary focus should remain on its role as a cash-flow anchor. The high median income of $99,704 ensures that tenants have the financial stability to meet their rental obligations, reducing the risk of default.

The 26.2% renter share is moderate but still significant enough to support a robust rental market. This share, combined with the affluent nature of the area, makes it an attractive location for landlords seeking a steady stream of income.

In conclusion, ZIP 83333 stands out as a strong cash-flow anchor within a Section 8 portfolio strategy due to its favorable rent spreads and stable market conditions. It provides a secure foundation for landlords and small-portfolio investors looking to generate reliable rental income.

Data Sources: FMR data from HUD (2027). Median home prices from Zillow (2026-08-31). 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.