Location: Lewis County, ID | Metro: Lewis 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 | $1,030 |
| 1 Bedroom | $1,030 |
| 2 Bedrooms | $1,350 |
| 3 Bedrooms | $1,870 |
| 4 Bedrooms | $2,190 |
| 5 Bedrooms | $2,540 |
| 6 Bedrooms | $2,845 |
| 7 Bedrooms | $3,073 |
| 8 Bedrooms | $3,227 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-07-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 3BR | $1,870 | $281,896 | 0.66% | D |
U.S. Census Bureau data (2024)
The ZIP code 83543 encompasses a small, tight-knit community with a total population of 739 residents. Only 14.9% of these residents are renters, indicating a predominantly owner-occupied area. The median household income stands at $62,679, which suggests a middle-class community. The median home value is $292,831, reflecting the typical price point for homes in this region.
From an investment perspective, the rental market in ZIP 83543 presents an interesting opportunity. According to the Fair Market Rent (FMR) for the metro area in fiscal year 2026, the benchmark is set at $1,050. However, the actual market rent, based on Census ACS data, is significantly lower at $538 per month. This discrepancy between the FMR and the actual market rent can be advantageous for Section 8 investors, as it allows for properties to be rented out at rates that align with the government's subsidy levels while still being affordable for tenants.
Given these figures, ZIP 83543 is better suited for a hands-off voucher operator rather than a hands-on value-add buyer. The relatively low number of renters and the modest difference between FMR and market rent indicate a stable but limited potential for aggressive property improvements or significant rent increases. Landlords and small-portfolio investors looking to manage properties with minimal intervention will find this ZIP code favorable, as it provides a straightforward path to maintaining occupancy through the Section 8 program without the need for extensive property management or renovation efforts.
Data Sources: FMR data from HUD (2027). Median home prices from Zillow (2026-07-31). 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.