Real Estate Investing in Oakley, Idaho (83346)

Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.

Cassia • Population: 1,346 • Data updated: September 2026

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Should you buy in 83346 (Oakley, ID)? Our answer, based on the numbers below.

🏠 For Homebuyers
CAUTION
Grade D (48/100)

Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.

📈 For Investors
MIXED
3.0 / 5 (47/100)

A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.

⚠️ Risks to Know
2 flags
  • High vacancy: 21.7% of homes vacant — above national norms.
  • High price-to-rent: Price-to-rent ratio 33.4 — hard to cash-flow at these prices.

• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.

What’s happening in Oakley, ID (83346)?

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3.0/ 5

Investability

Overall investment appeal

3.0/ 5

Appreciation

Long-term value growth

3.0/ 5

Cashflow ROI

Rental yield potential

Avg Home Value $371,793
Avg Monthly Rent $927
1% Rule ✗ Does Not Meet
Median Income $72,031
% Renters 15.5%

Market Analysis: 83346 Oakley

The 83346 ZIP in Oakley, ID is a local-operator market. Outside capital chasing a $372K entry has to pair deep knowledge with the discount.

The investment case in 83346 is robust only for operators who understand what they are buying. A $372K median suggests accessibility, but management intensity, vacancy drift, and capex surprises are real.

Regionally, 83346 sits on the difficult end of the ID spectrum. The an appealing option for read — for disciplined operators — is that pricing reflects the difficulty.

The 83346 ZIP's population of 1,346 has faced economic pressure over the last decade. That pressure shows up in rent delinquency patterns that registers the need for careful underwriting.

Experienced landlords with local relationships tend to find 83346 workable. Turnkey investors from out of state usually find the numbers do not hold up in practice.

Explore the Data — Click a Tab Below
🏦 Current 30-yr Fixed Mortgage Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS

Here's what matters if you're considering buying a home in Oakley:

C+ Average
Buy Confidence Score: 62/100
Affordability
10/25
Appreciation
22/25
Stability
7/20
Timing
8/15
Rental backup
15/15
Affordability
Expensive
Homes cost 5.2× the median income
Value Trend
Rising (+10.1%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $927/mo if you need to move
Market Conditions
BALANCED
Even conditions for buyers and sellers
Bottom Line: Mixed signals in this market. Research specific properties carefully and be prepared to negotiate.
🏠

Property Strategy for 83346

Which property type performs best in this market?

Best for Cash Flow
4BR
3.4% cap rate
Best for Appreciation
4BR
+10.3% 5yr CAGR
Best Overall Value
4BR
$91,775/bedroom
📊 Compare All Property Types →
Type Median Value Est. Rent Cap Rate 5yr CAGR $/Bedroom
3BR $319,513 $1,430 3.2% +10.2% $106,504
4BR $367,098 $1,730 3.4% +10.3% $91,775
5BR $491,394 +8.5% $98,279

Market Trends

Home Value History (with trend line)

$395K$333K$271K$208K$146K$84KMay 2009Dec 2017Jul 2026

📊 How Does 83346 Compare?

Metric 83346 Oakley Idaho
Home Value $371,793 $371,793 $465,545
5-Year CAGR 6.8% 6.8% 7.2%
Avg Rent $927 $927 -
Cap Rate 1.9% 1.9% -
💡 Why Invest in 83346? Click to expand

With a 3/5 investability rating, this ZIP shows solid fundamentals for buy-and-hold investors.

📊 See where this ZIP ranks in our Best-of lists →
A great house in the wrong ZIP is still a bad deal — screen every market by cash flow & cap rate.
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Landlord Ground Truth

Real numbers from people who own or manage rentals in ZIP 83346 (Oakley, ID). Anonymous, moderated, never written by AI.

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Investability
Good
Cap Rate
1.9%
Low
5yr Growth
+6.8%
Strong

📊 Market Snapshot

Home Value $371,793
Monthly Rent $927
Price-to-Rent 33.4:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 3.0%
Cap Rate 1.9%
5-Year IRR 8.8%

📈 Home Appreciation

1-Year +10.1% ▲
3-Year CAGR +4.9% ▲
5-Year CAGR +6.8% ▲
10-Year CAGR +9.9% ▲

🏠 Rent Trends

1-Year N/A
3-Year CAGR N/A
5-Year CAGR N/A
Negative Leverage — IRR / Tax Play Cap Rate: 1.9%  |  30yr Rate: 6.8%
Leverage reduces cash returns at current rates.

The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (1.9%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.

Run an IRR Analysis →

⚠️ Risk Signals

Composite view of factors that can impact a ZIP's stability and your downside risk.

Vacancy
21.7%
Elevated risk
Landlord Climate
5.0/5
Friendly
Value Trend (5yr)
+6.8%
Growing
Eviction process: Fast Rent control: Favorable

Demographics in 83346

Population: 1,346

💰 Median Household Income
$72,031
This area
$72,031
State
$66,158
USA
$74,580
🏠 Renter Occupied
15.5%
This area
15.5%
State
22.1%
USA
34.0%
💼 Unemployment Rate
2.3%
This area
2.3%
State
-5.1%
USA
3.7%
🎓 College Educated
21.2%
This area
21.2%
State
11.3%
USA
33.7%
👤 Median Age
34.8 years
This area
34.8 years
State
21.8 years
USA
38.9 years
🏚️ Vacancy Rate
21.7%
This area
21.7%
State
22.9%
USA
10.5%
👥 Population by Ethnicity
White 90.9%
Other/Mixed 7.9%
Hispanic/Latino 7.7%
Asian 0.9%
Black/African American 0.4%
👶 Under 18
32.3%
This area
32.3%
USA
22.0%
👴 65 and Over
15.9%
This area
15.9%
USA
17.3%
📊 Poverty Rate
6.4%
This area
6.4%
USA
11.5%

Crime & Safety

🚧

Crime & Safety Data Coming Soon

We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.

Expected: Q1 2025

🎓 Schools in 83346

C+ Avg School Grade
2 Schools
15.6:1 Avg Class Size
$9,801 Avg Per Pupil

Schools in This ZIP Code

B Good

OAKLEY JR/SR HIGH SCHOOL

📚 07 – 12 High School
👥
178 Students
👨‍🏫
11.8:1 Class Size
💰
$9,801 Per Student
C Below Average

OAKLEY ELEMENTARY SCHOOL

📚 Pre-K – 06 School
👥
185 Students
👨‍🏫
19.4:1 Class Size
💰
$9,801 Per Student
About Repit School Scores

Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.

We evaluate schools based on factors that research shows actually impact educational outcomes:

  • Class Size — Smaller classes mean more individual attention
  • School Funding — Resources available for programs, staff, and facilities
  • Community Factors — Neighborhood characteristics that influence student success
  • School Environment — Size, type, and structure

Scores are updated annually using federal education data.

Frequently Asked Questions

Does Oakley, ID make sense for an investment property?

Oakley, ID clocks in at an investability rating of 3.0/5, with median home values near $372K and average rents around $927/mo. That combination puts it in the robust tier for investor interest.

How much do tenants pay in Oakley, ID?

The typical rental in Oakley, ID commands about $927/mo monthly. That rent profile measured cash flow against the $372K purchase basis.

What is it like being a landlord in Oakley, ID?

The landlord environment in Oakley, ID is landlord-friendly. Statewide rules shape most day-to-day operations for rental owners.

What strategy should investors use in Oakley, ID?

Most investors in Oakley, ID run a careful cash-flow rentals with hands-on management strategy. It aligns with the 3.0/5 investability profile and the market fundamentals.

Do rentals sit vacant long in Oakley, ID?

Occupancy in Oakley, ID runs reliable with elevated vacancy. Well-priced units at $927/mo lease on reasonable timelines.

You know 83346 now. You don’t know where it ranks.

This page stays free — all of it. What one page can’t tell you is how 83346 compares to every other market. Investor ($19/mo) screens every U.S. ZIP by cap rate, the 1% rule, vacancy and landlord climate, and exports your shortlist.

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