Location: Teton County, ID | Metro: Teton 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 | $1,290 |
| 1 Bedroom | $1,290 |
| 2 Bedrooms | $1,460 |
| 3 Bedrooms | $1,920 |
| 4 Bedrooms | $2,440 |
| 5 Bedrooms | $2,830 |
| 6 Bedrooms | $3,170 |
| 7 Bedrooms | $3,424 |
| 8 Bedrooms | $3,595 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 2BR | $1,460 | $764,835 | 0.19% | F |
| 3BR | $1,920 | $953,262 | 0.2% | F |
| 4BR | $2,440 | $1,284,829 | 0.19% | F |
U.S. Census Bureau data (2024)
Tetonia, ID, located in the ZIP code 83452 within Teton County, can serve as a strategic component in a Section 8 portfolio. This area is best suited as a cash-flow anchor. The reasoning behind this classification lies in the significant spread between the Fair Market Rent (FMR) and the actual market rental rates.
The FMR for the Tetonia metro area for fiscal year 2026 is set at $1,320. In contrast, the current market rental rate stands at $1,538. This discrepancy means that landlords participating in the Section 8 program in this region will have a lower rental income compared to what they could receive on the open market. However, this also ensures a steady stream of tenants who are financially supported by the government to meet their housing needs, thereby providing consistent cash flow.
Additionally, the median home value in Tetonia is $928,078, indicating a relatively high property value. This can be advantageous for landlords looking to secure long-term investments in stable, appreciating markets. While the immediate cash flow might be anchored due to the lower FMR, the underlying property values suggest that over time, the investment could still yield substantial capital gains.
Moreover, Tetonia's low price-cut share of 0.1% and non-applicable day DOM (Days on Market) indicate that properties in this area do not typically require significant discounts or extended marketing periods to find tenants. This stability further supports the cash-flow anchor designation, as it minimizes the risk of vacancy and associated costs.
In summary, Tetonia, ID, should be considered as a cash-flow anchor within a Section 8 portfolio strategy. Landlords can expect a reliable tenant base with government-backed rental payments, albeit at a rate below the market average, while benefiting from the potential long-term appreciation of property values in this affluent area.
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.