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Fremont County/Sugar City/83448

83448

ZIPSAFMR
Fremont County, ID
Zillow

ZIP Investment Score

90Below average

095130300
BRFMR
Eff. Rent
0 BR$1,320$1,060
1 BR$1,380$1,100
2 BR$1,500$1,580
3 BR$2,080$2,060
4 BR$2,450$2,310
5 BR$2,818Not available
6 BR$3,240Not available
7 BR$3,726Not available
8 BR$4,285Not available

Purchase Price Calculator

Maximum purchase price
$172,871

Cost breakdown

+Likely effective rent$1,580
HUD FMR$1,500
Market rent$1,620
Est. payment standard (105%)Used$1,580
-Principal and interest-$874
Loan amount$138,297
Down payment$34,574
Rate6.50%
Term30 years
-Operating costs-$506
Property taxes-$173
Insurance-$175
Utilities$0
HOA$0
Management-$158
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$25,447(73.6% ROI)
Projected value
$186,163
Return breakdown
Property appreciation+$13,292
Loan principal paid down+$4,955
Rental cash flow+$7,200
5-year hold
+$43,552(126.0% ROI)
Projected value
$195,588
Return breakdown
Property appreciation+$22,717
Loan principal paid down+$8,836
Rental cash flow+$12,000
10-year hold
+$93,473(270.4% ROI)
Projected value
$221,289
Return breakdown
Property appreciation+$48,418
Loan principal paid down+$21,054
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
1.25
1 BR
1.25
2 BR
0.93
3 BR
1.01
4 BR
1.06
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

ZIP 83448 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 83448 (Sugar City, ID) is $1,500 a month. That is up 4.2% from $1,440 in FY 2026. Sugar City is in the Fremont County, ID non-metropolitan 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 county-wide two-bedroom FMR of $1,014. Among 10 ZIP codes in Fremont County, 83448 has the highest two-bedroom rent (county range $1,010–$1,500). The median county two-bedroom FMR in Idaho is $1,127, so ZIP 83448 is 33% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 83448
BedroomsFY 2027Change90–110% range
Studio$1,320+5.6%$1,188–$1,452
1BR$1,380+5.3%$1,242–$1,518
2BR$1,500+4.2%$1,350–$1,650
3BR$2,080+4.0%$1,872–$2,288
4BR$2,450+4.7%$2,205–$2,695

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 83448
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,320$1,380$1,500$2,080$2,450
FY 2026$1,250$1,310$1,440$2,000$2,340
FY 2025$1,120$1,170$1,290$1,810$2,120
FY 2024area FMR$632$806$905$1,275$1,536
FY 2023area FMR$582$731$826$1,174$1,407

Marked years use a different HUD benchmark than FY 2027, so they are not a like-for-like change.

Two-bedroom rent in nearby Fremont County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 83448
83420$1,400−6.7%
83421$1,230−18.0%
83429$1,200−20.0%
83433$1,010−32.7%
83436$1,390−7.3%
83438$1,010−32.7%
83440$1,160−22.7%
83445$1,010−32.7%
83448Current$1,500—
83451$1,310−12.7%

Questions about ZIP 83448 rents

How much will Section 8 pay for a two-bedroom in ZIP 83448?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the county-wide two-bedroom FMR of $1,014, which applies unless the housing authority uses Small Area FMRs, that basic range is $913 to $1,115 a month; under the ZIP-level Small Area FMR of $1,500 it would be $1,350 to $1,650. 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 83448 in?

ZIP 83448 is in the Fremont County, ID non-metropolitan FMR area. Small Area FMRs are optional here; the county-wide two-bedroom FMR is $1,014.

How much did fair market rent change in ZIP 83448 for FY 2027?

The two-bedroom FMR rose 4.2%, from $1,440 in FY 2026 to $1,500 in FY 2027. Since FY 2025 it has risen 16.3%.

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 rentSugar City, ID fair market rentID statewide rentsWhat is SAFMR?Data sources