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Canyon County/Greenleaf/83626

83626

ZIPSAFMR
Canyon County, ID
Zillow

ZIP Investment Score

90Below average

095130300
BRFMR
Eff. Rent
0 BR$1,170$1,170
1 BR$1,350$1,350
2 BR$1,620$1,620
3 BR$2,250$2,250
4 BR$2,700$2,700
5 BR$3,105Not available
6 BR$3,571Not available
7 BR$4,106Not available
8 BR$4,722Not available

Purchase Price Calculator

Maximum purchase price
$178,815

Cost breakdown

+Likely effective rent$1,620
HUD FMRUsed$1,620
Market rentN/A
Est. payment standardN/A
-Principal and interest-$904
Loan amount$143,052
Down payment$35,763
Rate6.50%
Term30 years
-Operating costs-$516
Property taxes-$179
Insurance-$175
Utilities$0
HOA$0
Management-$162
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$26,074(72.9% ROI)
Projected value
$192,564
Return breakdown
Property appreciation+$13,749
Loan principal paid down+$5,125
Rental cash flow+$7,200
5-year hold
+$44,637(124.8% ROI)
Projected value
$202,313
Return breakdown
Property appreciation+$23,498
Loan principal paid down+$9,140
Rental cash flow+$12,000
10-year hold
+$95,861(268.0% ROI)
Projected value
$228,898
Return breakdown
Property appreciation+$50,083
Loan principal paid down+$21,778
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Not enough rental comps in this area to determine how FMR aligns with current market rates.

Historical
FY 2023-2027
FMR
FY2027
Property value
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Tax rate
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Mortgage rate
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ZIP 83626 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 83626 (Greenleaf, ID) is $1,620 a month. That is down 9.5% from $1,790 in FY 2026. Greenleaf is in the Boise City, 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 $1,540. Among 16 ZIP codes in Canyon County, 83626 has the 4th-highest two-bedroom rent (county range $1,500–$1,870). The median county two-bedroom FMR in Idaho is $1,127, so ZIP 83626 is 44% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 83626
BedroomsFY 2027Change90–110% range
Studio$1,170−9.3%$1,053–$1,287
1BR$1,350−10.0%$1,215–$1,485
2BR$1,620−9.5%$1,458–$1,782
3BR$2,250−9.6%$2,025–$2,475
4BR$2,700−10.0%$2,430–$2,970

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 83626
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,170$1,350$1,620$2,250$2,700
FY 2026$1,290$1,500$1,790$2,490$3,000
FY 2025$1,190$1,410$1,690$2,370$2,830
FY 2024$900$1,030$1,260$1,770$2,090
FY 2023$850$970$1,200$1,690$1,980

Two-bedroom rent in nearby Canyon County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 83626
83605$1,500−7.4%
83606$1,500−7.4%
83607$1,630+0.6%
83626Current$1,620—
83630$1,500−7.4%
83634$1,870+15.4%
83641$1,500−7.4%
83644$1,500−7.4%
83651$1,500−7.4%
83653$1,500−7.4%
83656$1,500−7.4%
83660$1,500−7.4%

Questions about ZIP 83626 rents

How much will Section 8 pay for a two-bedroom in ZIP 83626?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $1,540, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,386 to $1,694 a month; under the ZIP-level Small Area FMR of $1,620 it would be $1,458 to $1,782. 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 83626 in?

ZIP 83626 is in the Boise City, ID HUD Metro FMR Area. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $1,540.

How much did fair market rent change in ZIP 83626 for FY 2027?

The two-bedroom FMR fell 9.5%, from $1,790 in FY 2026 to $1,620 in FY 2027. Since FY 2023 it has risen 35.0%.

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