Location: Bonner County, ID | Metro: Bonner 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 | $900 |
| 1 Bedroom | $910 |
| 2 Bedrooms | $1,190 |
| 3 Bedrooms | $1,650 |
| 4 Bedrooms | $1,960 |
| 5 Bedrooms | $2,274 |
| 6 Bedrooms | $2,547 |
| 7 Bedrooms | $2,751 |
| 8 Bedrooms | $2,889 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 1BR | $910 | $374,107 | 0.24% | F |
| 2BR | $1,190 | $445,945 | 0.27% | F |
| 3BR | $1,650 | $584,159 | 0.28% | F |
U.S. Census Bureau data (2024)
The rent math in ZIP 83811, encompassing Clark Fork, ID, and the broader Bonner County, ID metro area, does not align perfectly. The Fair Market Rent (FMR) set at $1,130 for the fiscal year 2026 slightly lags behind the actual market rent, which stands at $1,155. This gap suggests that landlords might face some challenges in maintaining profitability without adjusting their rental rates to match the market.
Acquisition in this area is moderately priced. With a median home value of $488,706, purchasing properties here is feasible but requires careful consideration. The lack of data on days on market (DOM) and the percentage of homes needing price cuts indicates stability in the housing market. However, without these specifics, it's difficult to gauge the exact ease or difficulty of acquiring properties at fair prices.
Tenant demand is present but limited by the size of the local population. With a total population of 1,997, the area has a significant portion of renters at 52.1%. This high renter share supports the notion that there will be tenants willing to pay the market rate for housing. Given the relatively small population, the competition among landlords could be fierce, necessitating well-maintained properties and competitive pricing to attract and retain tenants.
In summary, while the rent math shows a minor discrepancy between FMR and market rents, the acquisition costs are reasonable. Tenant demand is strong, driven by a high renter share. Landlords should expect to keep rental rates close to the market average to remain competitive and ensure occupancy. Despite the challenges, the combination of a stable housing market and strong tenant demand makes ZIP 83811 a viable investment opportunity for those willing to manage closely and adjust to local conditions.
Data Sources: FMR data from HUD (2027). Median home prices from Zillow (2026-08-31). 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.