Location: Bonner County, ID | Metro: Bonner County, ID
| Unit Size | Monthly FMR |
|---|---|
| Studio | $1,030 |
| 1 Bedroom | $1,030 |
| 2 Bedrooms | $1,350 |
| 3 Bedrooms | $1,870 |
| 4 Bedrooms | $2,230 |
| 5 Bedrooms | $2,587 |
| 6 Bedrooms | $2,897 |
| 7 Bedrooms | $3,129 |
| 8 Bedrooms | $3,285 |
U.S. Census Bureau data (2024)
ZIP 83852, located in Bonner County, ID metro, presents itself as an ideal cash-flow anchor within a Section 8 portfolio strategy. The Federal Market Rent (FMR) for the area is set at $1,240 for fiscal year 2026, which exceeds the current market rent of $1,099. This creates a positive spread of $141 per unit, ensuring that landlords receive higher rental income than the typical market rate. Additionally, the median home value in the area stands at $483,209, indicating a stable housing market.
The positive spread between FMR and market rent is a significant advantage for landlords participating in the Section 8 program. It ensures steady and reliable cash flow, which can be crucial for maintaining financial stability and covering expenses such as property maintenance, taxes, and insurance. The fact that the FMR is higher than the market rent means that landlords can count on receiving a consistent and above-average rental income, even if the broader real estate market experiences fluctuations.
While the appreciation potential is marked as N/A, due to the lack of specific data on price-cut shares and days on market (DOM), the focus should remain on the cash flow benefits. ZIP 83852's high renter share of 68.7% and median income of $50,385 suggest a strong demand for rental properties and a tenant base capable of meeting the required rent payments. This combination supports the notion that the ZIP code is well-suited to serve as a cash-flow anchor in a Section 8 portfolio strategy.
In conclusion, ZIP 83852 offers a solid foundation for generating predictable and above-market rental income through the Section 8 program. Its characteristics make it a reliable choice for landlords and small-portfolio investors looking to secure stable cash flows within their investment strategies.
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.