Real Estate Investing in Driggs, Idaho (83422)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 83422 (Driggs, ID)? Our answer, based on the numbers below.
Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- High vacancy: 34.9% of homes vacant — above national norms.
What’s happening in Driggs, ID (83422)?
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Market Analysis: 83422 Driggs
ZIP 83422 inside Teton County looks affordable on the surface — median value of $805K — but the discount exists for reasons that a careful buyer should understand before committing.
Distressed markets are won on execution, not on spreadsheets. ZIP 83422 registers the profile where tenant screening, deferred maintenance, and local relationships determine the outcome.
Statewide comparisons place 83422 among ID's softer markets. That context does not make the ZIP uninvestable, but it does raise the bar for due diligence.
On balance, 3,779 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.
Experienced landlords with local relationships tend to find 83422 workable. Turnkey investors from out of state usually find the numbers do not hold up in practice.
Here's what matters if you're considering buying a home in Driggs:
Property Strategy for 83422
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $568,083 | $1,340 | 1.7% | +11.1% | $284,042 |
| 3BR | $728,627 | $1,790 | 1.8% | +11.7% | $242,876 |
| 4BR | $1,097,517 | $2,250 | 1.5% | +12.5% | $274,379 |
| 5BR | $1,101,916 | — | — | +12.3% | $220,383 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 83422 Compare?
| Metric | 83422 | Driggs | Jackson, WY-ID | Idaho |
|---|---|---|---|---|
| Home Value | $805,248 | $805,248 | N/A | $465,545 |
| 5-Year CAGR | 5.3% | 5.3% | N/A | 7.2% |
| Avg Rent | $2,845 | $2,845 | 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 83422 (Driggs, ID). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $805,248 |
| Monthly Rent | $2,845 |
| Price-to-Rent | 23.6:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.2% |
| Cap Rate | 2.8% |
| 5-Year IRR | 8.1% |
📈 Home Appreciation
| 1-Year | +4.1% ▲ |
| 3-Year CAGR | +2.5% ▲ |
| 5-Year CAGR | +5.3% ▲ |
| 10-Year CAGR | +9.2% ▲ |
🏠 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 (2.8%). 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 83422
Population: 3,779
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 83422
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.
Frequently Asked Questions
How much should I expect to pay for a home in Driggs, ID?
Typical homes in Driggs, ID go for around $805K. The 5-year CAGR of 0.0% even-keeled price movement.
Is Driggs, ID a friendly market for rental owners?
For rental operators, Driggs, ID rates as landlord-friendly. The regulatory environment standard buy-and-hold operations.
Is Driggs, ID a good market for FHA house hackers?
Driggs, ID offers a challenging house-hacking opportunity. Small multifamily or rent-by-the-room plays can pair well with the $2,845/mo rent level.
What type of investing works in Driggs, ID?
A careful cash-flow rentals with hands-on management strategy Driggs, ID best. The market produces reliable results for that approach at the $805K price point.
What is the renter demographic in Driggs, ID?
Driggs, ID offers a measured renter base at the $2,845/mo rent level. Tenant turnover is reasonable for well-managed properties.
You know 83422 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 83422 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 83422 ranks in Jackson, WY-ID
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