Location: Cassia County, ID | Metro: Cassia County, ID
Based on 1% Rule: A+ (≥1.5%) | A (≥1.2%) | B (≥1.0%) | C (≥0.8%) | D (≥0.6%) | F (<0.6%)
| Unit Size | Monthly FMR |
|---|---|
| Studio | $850 |
| 1 Bedroom | $850 |
| 2 Bedrooms | $1,080 |
| 3 Bedrooms | $1,500 |
| 4 Bedrooms | $1,810 |
| 5 Bedrooms | $2,100 |
| 6 Bedrooms | $2,352 |
| 7 Bedrooms | $2,540 |
| 8 Bedrooms | $2,667 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 3BR | $1,500 | $340,181 | 0.44% | F |
| 4BR | $1,810 | $391,455 | 0.46% | F |
| 5BR | $2,100 | $511,911 | 0.41% | F |
U.S. Census Bureau data (2024)
The ZIP code 83346 presents several challenges for landlords considering Section 8 investments. Tenant turnover is a significant concern, with market rents at $779 being notably lower than the Fair Market Rent (FMR) of $1,030 for the metro area in fiscal year 2026. This discrepancy suggests that tenants might be more inclined to move when they find higher-paying jobs or better housing options, leading to frequent vacancies. Additionally, vacancy exposure is heightened due to an unspecified number of days on the market (DOM), which makes it difficult to predict how long properties might remain unoccupied.
The deferred maintenance exposure is another critical issue. With a typical home value of $362,957 and a median income of $70,114, residents may struggle to afford necessary repairs and upgrades, potentially leaving properties in suboptimal condition. This can lead to increased maintenance costs for landlords and a greater likelihood of compliance issues with housing standards.
However, these risks are tempered by the high concentration of renters in the area, with 17.7% of the population租房。这个高比例的租户通常意味着对券的需求更大，为Section 8投资提供了稳定的租户基础。
综合考虑这些因素，对于首次尝试Section 8项目的房东来说，83346邮编区域的风险评级为中等。
(Note: The original text was intended to be fully in English, but there seems to have been an unintentional shift to Chinese at the end. The correct continuation should be in English.)
However, these risks are mitigated by the high concentration of renters in the area, with 17.7% of the population renting. High renter density typically translates into higher voucher demand, providing a stable tenant base for Section 8 investments.
Weighing all factors, the risk for a first-time Section 8 landlord in ZIP 83346 is moderate.
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.