Location: Coeur d'Alene, 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 | $1,290 |
| 1 Bedroom | $1,310 |
| 2 Bedrooms | $1,530 |
| 3 Bedrooms | $2,120 |
| 4 Bedrooms | $2,560 |
| 5 Bedrooms | $2,970 |
| 6 Bedrooms | $3,326 |
| 7 Bedrooms | $3,592 |
| 8 Bedrooms | $3,772 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 1BR | $1,310 | $499,079 | 0.26% | F |
| 2BR | $1,530 | $527,808 | 0.29% | F |
| 3BR | $2,120 | $760,971 | 0.28% | F |
| 4BR | $2,560 | $941,217 | 0.27% | F |
| 5BR | $2,970 | $1,094,375 | 0.27% | F |
U.S. Census Bureau data (2024)
The ZIP code 83814, located in Coeur d'Alene, ID, presents a unique scenario for real estate investment, particularly under the lens of Section 8 housing programs. The Fair Market Rent (FMR) for this area in fiscal year 2024 is set at $1,280, which is significantly lower than the market rent of $1,657. This difference highlights a potential opportunity for landlords and small-portfolio investors looking to balance yield with stability.
With an average home value of $733,483, the initial capital investment required to enter this market is substantial. However, the FMR suggests that there is a segment of the rental market that can be served profitably through Section 8. The percentage of renters stands at 39.2%, indicating a moderate demand for rental properties. Additionally, the days on market (DOM) for rental listings is 40 days, which is relatively short, suggesting that rental units are typically occupied quickly once listed.
The median household income in the area is $74,782, providing some assurance regarding the financial stability of tenants. Given these factors, ZIP 83814 leans towards being a steady-cashflow zone rather than a high-yield/low-stability market. While the gap between FMR and market rent offers a yield opportunity, the stability indicators—such as the moderate renter population and the reasonable DOM—suggest that this market is not prone to significant volatility.
To summarize, the key figures driving this classification are the FMR of $1,280 versus the market rent of $1,657, a 39.2% renter rate, a 40-day DOM, and a median household income of $74,782. These metrics collectively indicate a stable rental environment with room for strategic yield improvement through Section 8 participation.
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.