Refinance or buy a home with a low 3.5% down payment! Get Started Now ➔ Logo Idaho Falls Fair Market Rent FY 2020 Idaho Falls, ID HUD Metro FMR Area Rental Data

Fair Market Rent Prices in Idaho Falls, ID :
$522 $645 $792 $1,143 $1,364
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 76% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Idaho Falls is $792 per month.

The previous year, rent for a two-bedroom home was $716 per month. This is a 10.61% increase year-over-year.

This FMR rate applies to Wayan, ID, Ucon, ID, Irwin, ID, Swan Valley, ID, Lewisville, ID, Terreton, ID, Roberts, ID, Ririe, ID, Iona, ID, Menan, 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 two counties or cities in Idaho which ares listed in the table below. Estimated population of Idaho Falls, ID HUD Metro FMR Area FMR area is 137,815 people based on latest Census data.

Compared to the rest of Idaho, the Idaho Falls FMR area is more expensive than 78% 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 $ 549
1-BR 1-Bedroom $ 678
2-BR 2-Bedroom $ 833
3-BR 3-Bedroom $ 1202
4-BR 4-Bedroom $ 1435
Change Year:

The counties, cities, towns, and regions listed below fall into the Idaho Falls, ID HUD Metro FMR Area FMR area and have the same Fair Market Rent prices which are listed above. This FMR area covers one metro area: Idaho Falls - Pocatello.

County / Region Est. Population
Bonneville County, ID Metro 110,405
Jefferson County, ID Metro 27,410
Zip Codes in Idaho Falls, ID HUD Metro FMR Area

There are 16 unique zip codes in this Fair Market Rent (FMR) area:

83285, 83401, 83403, 83404, 83405, 83406, 83427, 83428, 83431, 83434, 83442, 83443, 83444, 83449, 83450 and 83454

Lookup Fair Market Rent by Zip Code
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