Location: Idaho County, ID | Metro: Idaho County, ID
| Unit Size | Monthly FMR |
|---|---|
| Studio | $840 |
| 1 Bedroom | $880 |
| 2 Bedrooms | $1,150 |
| 3 Bedrooms | $1,590 |
| 4 Bedrooms | $1,900 |
| 5 Bedrooms | $2,204 |
| 6 Bedrooms | $2,468 |
| 7 Bedrooms | $2,665 |
| 8 Bedrooms | $2,798 |
U.S. Census Bureau data (2024)
ZIP code 83533 within the Idaho County, ID metro has a Fair Market Rent (FMR) of $1,060 for fiscal year 2026. This figure is crucial for understanding how this area compares to other ZIP codes in the same county.
The FMR of $1,060 suggests that 83533 is likely a mid-tier neighborhood within the Idaho County, ID metro. Typically, areas with higher home values and market rents would be considered premium sub-markets, whereas areas with lower home values and market rents might be classified as value pockets. However, the market rent and home value for 83533 are not available, which makes it challenging to definitively categorize the ZIP code without additional context.
The renter share of 2.0% indicates that a relatively small portion of the population in 83533 relies on rental properties. This low percentage could mean that homeownership is more prevalent, or there may be limited rental stock available. In the absence of specific market rent and home value data, the FMR serves as a proxy for the affordability and desirability of rental units in the area.
To determine if 83533 is a Section 8 sweet spot, we would need to compare its FMR and renter share to the broader county metrics. A high renter share with below-average home values often points to an area where Section 8 housing vouchers can provide significant leverage for both tenants and landlords. Since the market rent and home values are not specified for 83533, we cannot conclusively state whether it is a sweet spot, but the low renter share and the specific FMR of $1,060 suggest that it is neither a value pocket nor a premium sub-market based solely on the given data.
Landlords and small-portfolio investors should consider the FMR of $1,060 as a guideline for setting reasonable rent prices that comply with federal regulations. While the lack of market rent and home value data complicates a full analysis, the FMR provides a solid foundation for assessing the potential profitability and compliance risks associated with renting properties in 83533.
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.