Real Estate Investing in Filer, Idaho (83328)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 83328 (Filer, ID)? Our answer, based on the numbers below.
Mixed — home prices are stretched relative to local incomes. Run the math on your specific situation.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- High price-to-rent: Price-to-rent ratio 25.6 — 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 Filer, ID (83328)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 83328 Filer
ZIP 83328 inside Twin Falls County looks affordable on the surface — median value of $417K — but the discount exists for reasons that a careful buyer should understand before committing.
For an experienced owner, 83328 can be a a strong candidate for hunting ground — but the discount at $417K reflects genuine risk that outside investors often underestimate.
Regionally, 83328 sits on the difficult end of the ID spectrum. The an appealing option for read — for disciplined operators — is that pricing reflects the difficulty.
Who lives in 83328 is part of why the ZIP is priced as it is. The demographic profile requires hands-on management, tight screening, and local knowledge.
The 83328 ZIP fits a narrow investor profile — hands-on, patient, and willing to accept that the cap rate on paper is not the cap rate in reality.
Here's what matters if you're considering buying a home in Filer:
Property Strategy for 83328
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 3BR | $380,753 | $2,100 | 4.0% | +10.0% | $126,918 |
| 4BR | $453,844 | $2,530 | 4.0% | +10.1% | $113,461 |
Market Trends
Home Value History (with trend line)
📊 How Does 83328 Compare?
| Metric | 83328 | Filer | Twin Falls, ID | Idaho |
|---|---|---|---|---|
| Home Value | $416,783 | $416,783 | N/A | $465,545 |
| 5-Year CAGR | 4.2% | 4.2% | N/A | 7.2% |
| Avg Rent | $1,359 | $1,359 | N/A | - |
| Cap Rate | 2.5% | 2.5% | - | - |
Similar ZIPs Within 25 Miles
Compare other nearby markets to see if a neighbor offers a better fit.
Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 83328 (Filer, ID). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $416,783 |
| Monthly Rent | $1,359 |
| Price-to-Rent | 25.6:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 3.9% |
| Cap Rate | 2.5% |
| 5-Year IRR | 6.8% |
📈 Home Appreciation
| 1-Year | +4.8% ▲ |
| 3-Year CAGR | +3.5% ▲ |
| 5-Year CAGR | +4.2% ▲ |
| 10-Year CAGR | +9.0% ▲ |
🏠 Rent Trends
| 1-Year | N/A |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (2.5%). 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.
Demographics in 83328
Population: 6,459
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 83328
Schools in This ZIP Code
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.
🎓 Nearby Colleges & Universities
Investor Insight: With 2,816 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
How much is rent in Filer, ID?
Rental rates in Filer, ID average $1,359/mo. Tenant demand and $417K home values make the yield look reasonable by investor standards.
Are renters plentiful in Filer, ID?
Expect a solid tenant pool in Filer, ID. The rental market absorbs $1,359/mo rents without meaningful friction.
Are eviction rules reasonable in Filer, ID?
Filer, ID operates under ID law, which is landlord-friendly overall for landlords. Expect measured treatment in typical lease and eviction cases.
Is Filer, ID better for rentals, flips, or BRRRR?
Investors who focus on careful cash-flow rentals with hands-on management typically do well in Filer, ID. The numbers - $417K homes against $1,359/mo rents - support that play.
What is the average home sale price in Filer, ID?
Filer, ID home values average about $417K. That price point suits investors targeting rentals with $1,359/mo in monthly income.
You know 83328 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 83328 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.
How 83328 ranks in Twin Falls, ID
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