FMR is near market; voucher and private rents are aligned.
0.91
2 BR
2 BR
0.93ratio
FMR$1,060
Market$1,140
vs market-$80
FMR is near market; voucher and private rents are aligned.
0.93
3 BR
3 BR
1.09ratio
FMR$1,470
Market$1,350
vs market+$120
FMR is near market; voucher and private rents are aligned.
1.09
4 BR
4 BR
0.96ratio
FMR$1,780
Market$1,860
vs market-$80
FMR is near market; voucher and private rents are aligned.
0.96
0.700.800.901.001.101.201.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
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ZIP 83209 fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 83209 (Pocatello, ID) is $1,060 a month. That is up 2.9% from $1,030 in FY 2026. Pocatello is in the Pocatello, ID MSA. HUD also publishes the ZIP-level Small Area FMRs shown here, but unless the local housing authority has adopted them, vouchers are based on the metro-wide two-bedroom FMR of $1,251. Among 12 ZIP codes in Bannock County, 83209 has the 12th-highest two-bedroom rent (county range $1,060–$1,510). The median county two-bedroom FMR in Idaho is $1,127, so ZIP 83209 is 6% below it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for 83209
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$710
$730
+2.8%
$657–$803
1BR
$790
$810
+2.5%
$729–$891
2BR
$1,030
$1,060
+2.9%
$954–$1,166
3BR
$1,440
$1,470
+2.1%
$1,323–$1,617
4BR
$1,720
$1,780
+3.5%
$1,602–$1,958
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for 83209
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$730
$810
$1,060
$1,470
$1,780
FY 2026
$710
$790
$1,030
$1,440
$1,720
FY 2025
$640
$710
$930
$1,310
$1,570
FY 2024
$610
$690
$910
$1,280
$1,540
FY 2023
$550
$630
$830
$1,170
$1,410
Two-bedroom rent in nearby Bannock County ZIP codes
How much will Section 8 pay for a two-bedroom in ZIP 83209?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $1,251, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,126 to $1,376 a month; under the ZIP-level Small Area FMR of $1,060 it would be $954 to $1,166. The voucher pays the lower of the payment standard or the gross rent, minus the tenant's share, which is usually about 30% of adjusted monthly income. Confirm the local housing authority's current schedule before underwriting.
Which HUD fair market rent area is ZIP 83209 in?
ZIP 83209 is in the Pocatello, ID MSA. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $1,251.
How much did fair market rent change in ZIP 83209 for FY 2027?
The two-bedroom FMR rose 2.9%, from $1,030 in FY 2026 to $1,060 in FY 2027. Since FY 2023 it has risen 27.7%.
When do FY 2027 fair market rents take effect?
HUD's FY 2027 fair market rents took effect on October 1, 2026. When FMRs change, housing authorities generally have up to three months to bring payment standards back within 90% to 110% of the new FMR.
Source: HUD FY 2027 Small Area Fair Market Rents and area FMRs. Payment-standard ranges are 90% to 110% of FMR, HUD's basic range, not a housing authority's published schedule. How payment standards are set