Real Estate Investing in Idaho Falls, Idaho (83401)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 83401 (Idaho Falls, 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.
No major risk flags on the data we track.
What’s happening in Idaho Falls, ID (83401)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 83401 Idaho Falls
Not every below-median market is a bargain. Idaho Falls's 83401 ZIP clocks in at signals that favor experienced operators who can absorb the risk $402K pricing implies.
Rent of $1,427/mo on a $402K basis reads well until vacancy, delinquency, and capex enter the model. The honest cap rate in 83401 sits below the stated 0.0% once reality is priced in.
Within ID, ZIP 83401 trails on several market indicators that neighboring Bonneville County submarkets outperform. The gap is real and significant enough to shape underwriting.
Turning to rents, 47,170 residents fill the ZIP, renter turnover runs higher than neighboring postal codes and delinquency risk is a real line item rather than a theoretical one.
Strategy in 83401 is an operator game, not a passive one. Looking more closely, entry prices of $402K are inviting, the management lift is real and non-optional.
Here's what matters if you're considering buying a home in Idaho Falls:
Property Strategy for 83401
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $251,604 | $1,330 | 3.8% | +8.8% | $125,802 |
| 3BR | $359,515 | $1,850 | 3.7% | +8.2% | $119,838 |
| 4BR | $380,536 | $2,230 | 4.2% | +8.3% | $95,134 |
| 5BR | $486,097 | — | — | +7.5% | $97,219 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 83401 Compare?
| Metric | 83401 | Idaho Falls | Idaho Falls, ID | Idaho |
|---|---|---|---|---|
| Home Value | $402,020 | $258,139 | N/A | $465,545 |
| 5-Year CAGR | 2.3% | 2.4% | N/A | 7.2% |
| Avg Rent | $1,427 | $1,409 | N/A | - |
| Cap Rate | 2.8% | 2.8% | - | - |
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 83401 (Idaho Falls, ID). Anonymous, moderated, never written by AI.
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Property managers serving Bonneville County
Manage rentals here? List your business →HomeRiver Group Utah provides residential property management and leasing services for rental homeowners and real estate investors in Salt Lake City. summary from their website
Blue Pine Property Management is a premier choice for property management in Idaho Falls, offering services to maximize owner profit and protect properties through tenant screening. summary from their website
Jacob Grant Property Management offers property management services in Idaho Falls. summary from their website
Listings are shown for convenience — Repit doesn’t endorse or vet these companies. Ratings shown come only from email-verified visitors.
📊 Market Snapshot
| Home Value | $402,020 |
| Monthly Rent | $1,427 |
| Price-to-Rent | 23.5:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.3% |
| Cap Rate | 2.8% |
| 5-Year IRR | 5.1% |
📈 Home Appreciation
| 1-Year | +3.6% ▲ |
| 3-Year CAGR | +2.3% ▲ |
| 5-Year CAGR | +2.3% ▲ |
| 10-Year CAGR | +8.8% ▲ |
🏠 Rent Trends
| 1-Year | +7.3% ▲ |
| 3-Year CAGR | +3.3% ▲ |
| 5-Year CAGR | +4.6% ▲ |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (2.8%). 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 83401
Population: 47,170
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 83401
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 1,474 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
How strong is Idaho Falls, ID for real estate investors?
Idaho Falls, ID scores 3.0/5 for investability. Home values sit at $402K and rents near $1,427/mo, which keeps the rent-to-price ratio in reasonable territory for buy-and-hold investors.
What monthly rent should investors expect in Idaho Falls, ID?
Rental rates in Idaho Falls, ID average $1,427/mo. Tenant demand and $402K home values make the yield look reasonable by investor standards.
What is the typical home price in Idaho Falls, ID?
In Idaho Falls, ID the median home value sits at $402K. Against the broader ID market, that reads as reasonable for most investors.
Do landlords face vacancy issues in Idaho Falls, ID?
Expect elevated vacancy in Idaho Falls, ID. Rents at $1,427/mo are absorbed by the tenant base without meaningful lag.
How do experienced investors play Idaho Falls, ID?
The best-fit strategy in Idaho Falls, ID is careful cash-flow rentals with hands-on management. That approach the rent and price profile of the market.
You know 83401 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 83401 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 83401 ranks in Idaho Falls, ID
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