Location: Shoshone 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 | $1,000 |
| 1 Bedroom | $1,180 |
| 2 Bedrooms | $1,400 |
| 3 Bedrooms | $1,940 |
| 4 Bedrooms | $2,340 |
| 5 Bedrooms | $2,714 |
| 6 Bedrooms | $3,040 |
| 7 Bedrooms | $3,283 |
| 8 Bedrooms | $3,447 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 2BR | $1,400 | $325,558 | 0.43% | F |
| 3BR | $1,940 | $418,494 | 0.46% | F |
| 4BR | $2,340 | $477,854 | 0.49% | F |
U.S. Census Bureau data (2024)
The real estate market in Saint Maries, ID (ZIP 83861), is poised for stability and potential growth over the next 12-24 months, based on recent data. The median home value stands at $356,115, indicating a well-defined price point that reflects the area's desirability and economic health. Notably, only 0.1% of listings have seen reductions in their asking price, which signals strong seller pricing power. This minimal reduction rate suggests that homes are selling close to their initial listing prices, or there is a reluctance among sellers to lower their prices despite market conditions.
The median days on market (DOM) being listed as N/A can be interpreted as a sign of swift sales, possibly due to the scarcity of properties or high demand. When combined with the low percentage of price reductions, it points towards a robust local economy and a housing market where buyers are willing to pay the listed prices without significant negotiation.
On the rental side, the Fair Market Rent (FMR) for ZIP 83861 in fiscal year 2024 is set at $1,110, while the current market rent, according to Census ACS data, is $923. This gap suggests an opportunity for landlords and small-portfolio investors to increase rents gradually, aligning with the FMR, without risking vacancy. The higher FMR also indicates a potential for increased tenant interest, driven by government-supported housing programs, which could stabilize occupancy rates and provide a buffer against economic downturns.
For long-term investors, the setup implies a moderate appreciation thesis. The consistent home values and the slight upward pressure from rental markets suggest that while rapid increases in property value are unlikely, steady appreciation is probable. Investors should expect annual increases in the range of 2-3%, contingent upon broader economic conditions and local employment trends. This scenario provides a reliable foundation for those seeking stable, long-term returns on investment.
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.