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

Fair Market Rent Prices in Twin Falls County, ID :
$671 $762 $1,003 $1,401 $1,659
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 Twin Falls County are high compared to the national average. This FMR area is more expensive than 80% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Twin Falls County is $1,003 per month.

The previous year, rent for a two-bedroom home was $897 per month. This is a 11.82% increase year-over-year.

This FMR rate applies to Castleford, ID, Hansen, ID, Twin Falls, ID, Filer, ID, Kimberly, ID and other cities within the region. The Metro Code or CBSA code for this region is METRO46300N16083.

Additionally, This Fair Market Rent (FMR) area Twin Falls County, ID HUD Metro FMR Area spans one county or city in Idaho which is listed in the table below. Estimated population of Twin Falls County, ID HUD Metro FMR Area FMR area is 86,198 people based on latest Census data.

Compared to the rest of Idaho, the Twin Falls County FMR area is more expensive than 82% 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 Twin Falls County. Fair Market Rent is the 40th-percentile of typical rentals in a given region. Learn more

Median Rent Prices in Twin Falls County

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 $ 723
1-BR 1-Bedroom $ 821
2-BR 2-Bedroom $ 1081
3-BR 3-Bedroom $ 1510
4-BR 4-Bedroom $ 1788
Change Year:
2021 2022 2023 2024 2025

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

County / Region Est. Population
Twin Falls County, ID Metro 86,198
Zip Codes in Twin Falls County, ID HUD Metro FMR Area

There are 5 unique zip codes in this Fair Market Rent (FMR) area:

83303, 83321, 83328, 83334 and 83341

Lookup Fair Market Rent by Zip Code

What's Next?

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