Section 8 Fair Market Rent (FMR) for ZIP 83441 - 2027

Location: Madison County, ID | Metro: Madison County, ID

FY 2027 Fair Market Rent Rates

Unit Size Monthly FMR
Studio$1,020
1 Bedroom$1,070
2 Bedrooms$1,160
3 Bedrooms$1,610
4 Bedrooms$1,900
5 Bedrooms$2,204
6 Bedrooms$2,468
7 Bedrooms$2,665
8 Bedrooms$2,798

$1,110 is the Fair Market Rent (FMR) for ZIP 83441 as of fiscal year 2026, indicating the rental market's baseline for government assistance programs.

$395,000 is the price tag for a 5-bedroom, 3-bathroom house in Rexburg, ID 83441, offering 2,650 square feet of living space.

$654,000 is another listed price for a 5-bedroom, 3-bathroom property in the area, with a larger footprint of 3,450 square feet.

$415,000 is the asking price for a 4-bedroom, 2-bathroom home with 2,400 square feet, providing a mid-range option for potential investors.

$730,000 is the price of a 5-bedroom, 3-bathroom house with 4,819 square feet, showcasing the upper end of the market in ZIP 83441.

$359,000 is the price for a 4-bedroom, 2-bathroom home with 1,805 square feet, indicating a more affordable entry point into the real estate market.

$145,000 is the lowest price observed for a 3-bedroom, 2-bathroom property in ZIP 83441, demonstrating the range of investment opportunities available.

$299,900 is the asking price for a 3-bedroom, 2-bathroom house with 1,664 square feet, representing a functional layout that could appeal to a wide range of tenants.

The real estate listings indicate a diverse range of properties, from modest to luxurious, reflecting the varied housing needs in ZIP 83441.

The presence of multiple real estate agencies suggests a competitive market, which can be advantageous for landlords looking to manage their properties effectively.

A one-day DOM (days on market) figure is not available, but the range of prices and property sizes suggests a dynamic market with opportunities for both high-end and budget-conscious investments.

A price-cut share percentage is also not available, but the fluctuation in prices across different properties indicates a market where strategic pricing can make a significant difference.

Verdict: ZIP 83441 offers a balanced real estate market, with the $1,110 FMR providing a solid foundation for Section 8 investments.

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.