Location: Clearwater County, ID | Metro: Clearwater County, ID
| Unit Size | Monthly FMR |
|---|---|
| Studio | $900 |
| 1 Bedroom | $900 |
| 2 Bedrooms | $1,180 |
| 3 Bedrooms | $1,630 |
| 4 Bedrooms | $1,960 |
| 5 Bedrooms | $2,274 |
| 6 Bedrooms | $2,547 |
| 7 Bedrooms | $2,751 |
| 8 Bedrooms | $2,889 |
U.S. Census Bureau data (2024)
The classification of ZIP code 83520 hinges on the available data points: the Fair Market Rent (FMR) for the metro area in fiscal year 2026 at $1,150, the percentage of renters at 2.5%, and the median household income at $25,688. With the absence of market rental rates and home values, the analysis leans heavily on these figures.
On the yield axis, the FMR of $1,150 suggests that rental properties in ZIP 83520 can command relatively high rents compared to other areas. This makes it potentially attractive for landlords seeking to maximize their rental income per unit. However, without market-specific data, we cannot conclusively determine if the actual rental yields will be higher or lower than this figure.
Moving to the stability axis, the 2.5% of renters indicates a low demand for rental housing, which could lead to higher vacancy rates and less stable cash flows. The median household income of $25,688 is notably low, which might limit the number of potential tenants who can afford the $1,150 rent. This combination of factors—low renter population and modest income levels—points towards a less stable market.
Given the data, ZIP 83520 appears to fall into a category of moderate yield but low stability. The high FMR suggests potential for decent rental income, but the low percentage of renters and modest incomes indicate challenges in maintaining occupancy and ensuring timely payments. For landlords and small-portfolio investors, this market may offer opportunities for high rental income, but they should be prepared for the risks associated with lower tenant demand and financial instability.
To summarize, the ZIP code 83520 is best described as a market offering moderate yield with significant stability concerns. The key figures driving this assessment are the FMR of $1,150, the low 2.5% renter population, and the median household income of $25,688. These elements collectively suggest a challenging environment where maximizing returns requires careful management and risk mitigation strategies.
Data Sources: FMR data from HUD (2027). 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.