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Jefferson County/Idaho Falls/83401

83401

ZIPSAFMR
Jefferson County, ID
Zillow

ZIP Investment Score

67Below average

095130300
BRFMR
Eff. Rent
0 BR$1,030$1,040
1 BR$1,080$1,020
2 BR$1,290$1,060
3 BR$1,790$1,860
4 BR$2,160$2,160
5 BR$2,484Not available
6 BR$2,857Not available
7 BR$3,285Not available
8 BR$3,778Not available

Purchase Price Calculator

Maximum purchase price
$95,599

Cost breakdown

+Likely effective rent$1,060
HUD FMR$1,290
Market rentUsed$1,060
Est. payment standard (90%)$1,160
-Principal and interest-$483
Loan amount$76,479
Down payment$19,120
Rate6.50%
Term30 years
-Operating costs-$377
Property taxes-$96
Insurance-$175
Utilities$0
HOA$0
Management-$106
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$17,291(90.4% ROI)
Projected value
$102,950
Return breakdown
Property appreciation+$7,351
Loan principal paid down+$2,740
Rental cash flow+$7,200
5-year hold
+$29,449(154.0% ROI)
Projected value
$108,162
Return breakdown
Property appreciation+$12,563
Loan principal paid down+$4,886
Rental cash flow+$12,000
10-year hold
+$62,419(326.5% ROI)
Projected value
$122,375
Return breakdown
Property appreciation+$26,776
Loan principal paid down+$11,643
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
0.99
1 BR
1.06
2 BR
1.22
3 BR
0.94
4 BR
1.00
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

ZIP 83401 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 83401 (Idaho Falls, ID) is $1,290 a month. That is down 3.0% from $1,330 in FY 2026. Idaho Falls is in the Idaho Falls, ID HUD Metro FMR Area. 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 $1,274. Among 11 ZIP codes in Jefferson County, 83401 has the 6th-highest two-bedroom rent (county range $1,180–$1,840). The median county two-bedroom FMR in Idaho is $1,127, so ZIP 83401 is 15% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 83401
BedroomsFY 2027Change90–110% range
Studio$1,030−1.9%$927–$1,133
1BR$1,080−3.6%$972–$1,188
2BR$1,290−3.0%$1,161–$1,419
3BR$1,790−3.2%$1,611–$1,969
4BR$2,160−3.1%$1,944–$2,376

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 83401
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,030$1,080$1,290$1,790$2,160
FY 2026$1,050$1,120$1,330$1,850$2,230
FY 2025$1,060$1,110$1,340$1,880$2,250
FY 2024$820$920$1,120$1,580$1,900
FY 2023$670$800$980$1,390$1,670

Two-bedroom rent in nearby Jefferson County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 83401
83401Current$1,290—
83402$1,180−8.5%
83423$1,180−8.5%
83425$1,200−7.0%
83431$1,180−8.5%
83434$1,330+3.1%
83435$1,840+42.6%
83442$1,380+7.0%
83443$1,310+1.6%
83444$1,480+14.7%
83450$1,220−5.4%

Questions about ZIP 83401 rents

How much will Section 8 pay for a two-bedroom in ZIP 83401?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $1,274, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,147 to $1,401 a month; under the ZIP-level Small Area FMR of $1,290 it would be $1,161 to $1,419. 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 83401 in?

ZIP 83401 is in the Idaho Falls, ID HUD Metro FMR Area. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $1,274.

How much did fair market rent change in ZIP 83401 for FY 2027?

The two-bedroom FMR fell 3.0%, from $1,330 in FY 2026 to $1,290 in FY 2027. Since FY 2023 it has risen 31.6%.

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

County fair market rentIdaho Falls, ID fair market rentID statewide rentsWhat is SAFMR?Data sources