Location: Bonner County, ID | Metro: Coeur d'Alene, ID MSA
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 | $1,210 |
| 1 Bedroom | $1,230 |
| 2 Bedrooms | $1,460 |
| 3 Bedrooms | $2,020 |
| 4 Bedrooms | $2,430 |
| 5 Bedrooms | $2,819 |
| 6 Bedrooms | $3,157 |
| 7 Bedrooms | $3,410 |
| 8 Bedrooms | $3,581 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-07-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 1BR | $1,230 | $538,829 | 0.23% | F |
| 2BR | $1,460 | $643,457 | 0.23% | F |
| 3BR | $2,020 | $809,506 | 0.25% | F |
| 4BR | $2,430 | $941,483 | 0.26% | F |
| 5BR | $2,819 | $1,096,966 | 0.26% | F |
U.S. Census Bureau data (2024)
The market in ZIP 83801, which encompasses Athol, ID, presents a dynamic environment that reflects both stability and potential pressure points. The Fair Market Rent (FMR) for the area stands at $1,420 for fiscal year 2024, while the average market rent reported by the Census Bureau's American Community Survey (ACS) is $1,244. This discrepancy suggests that rental properties in Athol are generally priced below the benchmark set by the government, indicating a possibly competitive market.
A key indicator of market health is the percentage of listings that have had their prices reduced. In Athol, this figure is 0.2%, which is exceptionally low. This suggests that property values are relatively stable, and landlords and sellers are not feeling significant pressure to lower their asking prices. However, the median home value is noted at $792,271, which is high relative to the rental market prices, potentially signaling a gap between affordability and actual pricing.
The percentage of renters in the area is 14.1%, which is a modest figure compared to many urban centers. This indicates that Athol has a predominantly owner-occupied housing stock, but the presence of renters could be a sign of economic diversity or young professionals who are likely to remain in the rental market for some time. A smaller renter population might imply less immediate demand pressure on rentals, but it also suggests a more stable housing market where homeownership is a priority.
The lack of data on days on market (DOM) makes it difficult to assess the speed at which homes are selling, but the combination of a low price-cut share and a high median home value implies that Athol's housing market is robust and perhaps slightly favoring sellers. This means that the supply of homes may be slightly outpaced by demand, leading to higher property values and fewer incentives for price reductions.
In summary, ZIP 83801 presents a market where rental prices are below the FMR, suggesting competition among landlords. The low percentage of price cuts on homes signals stability and possibly slight seller's market conditions. With a moderate renter share, there is a balanced mix of rental and owned properties, which can indicate a steady demand for housing without extreme pressures. For landlords and small-portfolio investors, Athol offers an opportunity to capitalize on a stable yet moderately pressured market.
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.