Location: Idaho County, ID | Metro: Idaho County, ID
| Unit Size | Monthly FMR |
|---|---|
| Studio | $1,110 |
| 1 Bedroom | $1,160 |
| 2 Bedrooms | $1,320 |
| 3 Bedrooms | $1,820 |
| 4 Bedrooms | $2,200 |
| 5 Bedrooms | $2,552 |
| 6 Bedrooms | $2,858 |
| 7 Bedrooms | $3,087 |
| 8 Bedrooms | $3,241 |
U.S. Census Bureau data (2024)
The ZIP code 83525 presents a unique opportunity for landlords and small-portfolio investors interested in Section 8 tenants. With a population of 296, it's clear that the scale of the market is limited, but the percentage of renters stands at 17.2%, indicating a modest demand for rental properties.
The median household income in this area is $44,857, which provides a baseline for understanding the financial capacity of potential tenants. However, the specific market rent figures are not available, making it challenging to calculate the exact percentage of income that goes towards rent. Despite this, we can use the Fair Market Rent (FMR) as a proxy to understand the dynamics. The FMR for this ZIP code is set at $1,260 per month for fiscal year 2026, which is reflective of the metro area.
To put this into perspective, if we assume that the typical rent aligns closely with the FMR, then a tenant would be spending approximately 32.6% of their annual income on rent. This calculation is based on the FMR of $1,260 per month, which equates to $15,120 annually. Dividing this by the median household income of $44,857 yields the percentage of income spent on rent.
The kind of tenant profile a landlord should expect in ZIP 83525 includes individuals who are likely to be reliant on Section 8 vouchers due to the relatively high rent-to-income ratio. These tenants will typically have lower incomes and may be seeking affordable housing options. It's important to note that while the percentage of renters is not extremely high, the limited population size means that every rental unit plays a significant role in the overall rental market.
In summary, ZIP 83525 is not a heavily renter-dominated area, but it does present opportunities for landlords willing to cater to the needs of Section 8 tenants. The expectation should be for tenants who are financially constrained and rely on government assistance to cover their housing costs. Landlords should prepare for a tenant pool that values affordability and stability, with rents being a substantial portion of their income.
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.