Real Estate Investing in Ammon, Idaho (83406)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 83406 (Ammon, 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 Ammon, ID (83406)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 83406 Ammon
On the rental side, ZIP 83406 has challenges — vacancy pressure, softer price growth, and tenant stability concerns sit alongside the $434K median. It rewards specialists, not generalists.
If the plan assumes clean turnover, on-time rent, and low maintenance on a $434K asset, 83406 is the wrong submarket. If the plan prices in friction, the yield can still work.
Nearby ZIPs in Ammon have seen price recovery that 83406 has not matched. Bonneville County data supports the view that the spread is structural rather than temporary.
A solid renter share of 27% in 83406 is not, on its own, a problem — but paired with below-average income and high mobility, it changes the operating playbook.
looks to the ZIP is not uninvestable, but it is unforgiving. Section 8 landlords, local operators, and specialized value-add funds are the investor types that tend to succeed.
Here's what matters if you're considering buying a home in Ammon:
Property Strategy for 83406
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $311,287 | $1,500 | 3.5% | +7.9% | $155,643 |
| 3BR | $373,718 | $2,090 | 4.0% | +8.3% | $124,573 |
| 4BR | $403,406 | $2,520 | 4.5% | +8.2% | $100,851 |
| 5BR | $521,802 | — | — | +7.0% | $104,360 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 83406 Compare?
| Metric | 83406 | Ammon | Idaho Falls, ID | Idaho |
|---|---|---|---|---|
| Home Value | $434,071 | $434,071 | N/A | $465,545 |
| 5-Year CAGR | 2.3% | 2.3% | N/A | 7.2% |
| Avg Rent | $1,627 | $1,627 | N/A | - |
| Cap Rate | 2.9% | 2.9% | - | - |
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 83406 (Ammon, 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 | $434,071 |
| Monthly Rent | $1,627 |
| Price-to-Rent | 22.2:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.5% |
| Cap Rate | 2.9% |
| 5-Year IRR | 5.3% |
📈 Home Appreciation
| 1-Year | +3.5% ▲ |
| 3-Year CAGR | +2.0% ▲ |
| 5-Year CAGR | +2.3% ▲ |
| 10-Year CAGR | +8.6% ▲ |
🏠 Rent Trends
| 1-Year | 0.0% ▼ |
| 3-Year CAGR | +0.5% ▲ |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (2.9%). 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.
Demographics in 83406
Population: 19,991
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 83406
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
Is Ammon, ID a friendly market for rental owners?
Ammon, ID falls under ID landlord-tenant law, which is landlord-friendly. That backdrop makes day-to-day property management reasonable.
How strong is the working-renter base in Ammon, ID?
Tenant demand in Ammon, ID is solid. The local workforce $1,627/mo rents across most rental classes.
How much rent can I charge in Ammon, ID?
Ammon, ID rentals go for roughly $1,627/mo a month. That puts gross yield in solid territory relative to $434K acquisition costs.
What strategy should investors use in Ammon, ID?
A careful cash-flow rentals with hands-on management strategy Ammon, ID best. The market produces reliable results for that approach at the $434K price point.
What price range are homes in Ammon, ID?
The median home value in Ammon, ID is roughly $434K. That puts it reasonable relative to the ID statewide average.
You know 83406 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 83406 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 83406 ranks in Idaho Falls, ID
Every ZIP in this metro, ranked. Free.
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