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RentData.org Logo Idaho Falls Fair Market Rent FY 2023 Idaho Falls, ID HUD Metro FMR Area Rental Data

Fair Market Rent Prices in Idaho Falls, ID :
$670 $796 $979 $1,391 $1,668
Studio / Efficiency 1-Bedroom 2-Bedroom 3-Bedroom 4-Bedroom
0-BR 1-BR 2-BR 3-BR 4-BR
Moderate 40th Percentile Metro Area

Fair Market Rent prices in Idaho Falls are high compared to the national average. This FMR area is more expensive than 81% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Idaho Falls is $979 per month.

The previous year, rent for a two-bedroom home was $865 per month. This is a 13.18% increase year-over-year.

This FMR rate applies to Wayan, ID, Irwin, ID, Swan Valley, ID, Ucon, ID, Ririe, ID, Iona, ID, Rigby, ID, Idaho Falls, ID and other cities within the region. The Metro Code or CBSA code for this region is METRO26820M26820.

Additionally, This Fair Market Rent (FMR) area Idaho Falls, ID HUD Metro FMR Area spans one county or city in Idaho which is listed in the table below. Estimated population of Idaho Falls, ID HUD Metro FMR Area FMR area is 116,970 people based on latest Census data.

Compared to the rest of Idaho, the Idaho Falls FMR area is more expensive than 84% of the state.

Idaho Rents Map

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What is Fair Market Rent?

Fair Market Rent is determined each fiscal year by the HUD and is used to set payment standards for federal housing assistance programs in Idaho Falls. Fair Market Rent is the 40th-percentile of typical rentals in a given region. Learn more

Median Rent Prices in Idaho Falls

To compute the 40th percentile of rent prices the HUD must determine the median or 50th percentile as well. 50th percentile rent prices are NOT fair market rents (unless otherwise noted as a 50th percentile designated region above). However, some home owners or rents may be interested in the median rent prices as well.

50th Percentile Rental Prices:
0-BR Studio / Efficiency $ 699
1-BR 1-Bedroom $ 830
2-BR 2-Bedroom $ 1021
3-BR 3-Bedroom $ 1451
4-BR 4-Bedroom $ 1739
Change Year:
2016 2017 2018 2019 2020 2021 2022 2023 2024 2025

There is just one county (listed below) within the Idaho Falls, ID HUD Metro FMR Area FMR area (most regions, especially metro areas, cover multiple counties). This FMR area covers one metro area: Idaho Falls - Pocatello.

County / Region Est. Population
Idaho Falls, ID Metro 116,970
Zip Codes in Idaho Falls, ID HUD Metro FMR Area

There are 12 unique zip codes in this Fair Market Rent (FMR) area:

83285, 83401, 83403, 83404, 83405, 83406, 83427, 83428, 83442, 83443, 83449 and 83454

Lookup Fair Market Rent by Zip Code

What's Next?

Here are some additional resources you may also be interested in:

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