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 83708 fair market rent, FY 2027
For FY 2027, HUD's Fair Market Rent for a two-bedroom unit in ZIP 83708 (Boise, ID) is $1,540 a month. That is down 6.9% from $1,655 in FY 2026. Boise is in the Boise City, ID HUD Metro FMR Area. The median county two-bedroom FMR in Idaho is $1,127, so ZIP 83708 is 37% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for 83708
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,170
$1,152
−1.5%
$1,037–$1,267
1BR
$1,381
$1,295
−6.2%
$1,166–$1,425
2BR
$1,655
$1,540
−6.9%
$1,386–$1,694
3BR
$2,318
$2,132
−8.0%
$1,919–$2,345
4BR
$2,772
$2,574
−7.1%
$2,317–$2,831
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for 83708
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,152
$1,295
$1,540
$2,132
$2,574
FY 2026
$1,170
$1,381
$1,655
$2,318
$2,772
FY 2025
$1,300
$1,534
$1,838
$2,575
$3,080
FY 2024
$993
$1,139
$1,388
$1,956
$2,298
FY 2023
$929
$1,059
$1,310
$1,841
$2,159
Questions about ZIP 83708 rents
How much will Section 8 pay for a two-bedroom in ZIP 83708?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $1,540, that basic range is $1,386 to $1,694 a month. 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 83708 in?
ZIP 83708 is in the Boise City, ID HUD Metro FMR Area. Small Area FMRs are not mandatory in this area.
How much did fair market rent change in ZIP 83708 for FY 2027?
The two-bedroom FMR fell 6.9%, from $1,655 in FY 2026 to $1,540 in FY 2027. Since FY 2023 it has risen 17.6%.
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 Fair Market Rents. 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