Location: Idaho County, ID | Metro: Idaho County, ID
| Unit Size | Monthly FMR |
|---|---|
| Studio | $740 |
| 1 Bedroom | $800 |
| 2 Bedrooms | $1,040 |
| 3 Bedrooms | $1,440 |
| 4 Bedrooms | $1,740 |
| 5 Bedrooms | $2,018 |
| 6 Bedrooms | $2,260 |
| 7 Bedrooms | $2,441 |
| 8 Bedrooms | $2,563 |
To integrate ZIP 83531 into a Section 8 portfolio strategy, one must first understand the characteristics of the area. The Fair Market Rent (FMR) for the metro area in fiscal year 2026 is set at $1,050. However, due to the lack of specific market data such as the market rent, price-cut share, days on market (DOM), and median home value, we must rely on the available FMR figure to make strategic decisions.
The primary classification of ZIP 83531 within a Section 8 portfolio would be as a cash-flow anchor. This designation is based on the guaranteed rental income provided by the Section 8 program, which aligns well with the FMR of $1,050. Landlords and small-portfolio investors can expect consistent and reliable cash flow from properties in this ZIP code, as long as they adhere to the program's guidelines and ensure that their rents do not exceed the FMR. The predictability of this income stream is particularly valuable in an environment where other market indicators are not available.
While the data does not provide specific metrics for appreciation potential or diversification benefits, the focus on cash flow stability is a prudent approach given the limited information. Investing in areas with known FMRs allows for better financial planning and risk management, which is essential for maintaining a balanced and successful investment portfolio.
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.