Real Estate Investing in Terreton, Idaho (83450)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 83450 (Terreton, 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: 29.8% of homes vacant — above national norms.
- High price-to-rent: Price-to-rent ratio 28.0 — 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 Terreton, ID (83450)?
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Market Analysis: 83450 Terreton
ZIP 83450 in Terreton, ID carries a significant set of headwinds. Home values near $402K and rents of $1,197/mo sit inside a market where underwriting has to be tight.
Distressed does not mean uninvestable. It means the margin for error is thinner. ZIP 83450 rewards the prepared, punishes the overconfident, and leaves the math unchanged either way.
Within ID, ZIP 83450 trails on several market indicators that neighboring Jefferson submarkets outperform. The gap is real and substantial enough to shape underwriting.
Demographically, 83450 is a market where tenant selection matters more than unit finishes. Operators who understand that tend to do fine; those who do not tend to learn why the ZIP trades at a discount.
tilts toward 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 Terreton:
Market Trends
Home Value History (with trend line)
📊 How Does 83450 Compare?
| Metric | 83450 | Terreton | Idaho |
|---|---|---|---|
| Home Value | $402,136 | $402,136 | $465,545 |
| 5-Year CAGR | 6.0% | 6.0% | 7.2% |
| Avg Rent | $1,197 | $1,197 | - |
| Cap Rate | 2.3% | 2.3% | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 83450 (Terreton, ID). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $402,136 |
| Monthly Rent | $1,197 |
| Price-to-Rent | 28.0:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 3.6% |
| Cap Rate | 2.3% |
| 5-Year IRR | 8.3% |
📈 Home Appreciation
| 1-Year | +5.6% ▲ |
| 3-Year CAGR | +4.7% ▲ |
| 5-Year CAGR | +6.0% ▲ |
| 10-Year CAGR | +10.0% ▲ |
🏠 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 (2.3%). 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 83450
Population: 1,239
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 83450
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
Which real estate strategy fits Terreton, ID?
Terreton, ID investors pursuing careful cash-flow rentals with hands-on management. The underlying economics ($402K prices, $1,197/mo rents) make it a reasonable choice.
Is it easy to find good tenants in Terreton, ID?
Terreton, ID offers a steady renter base at the $1,197/mo rent level. Tenant turnover is reasonable for well-managed properties.
What is the average monthly rent in Terreton, ID?
Investors in Terreton, ID typically see rents near $1,197/mo per month against $402K home values - a solid setup for rental cash flow.
Does a duplex house hack pencil in Terreton, ID?
House hacking in Terreton, ID is reasonable to execute. Prices around $402K and rents of $1,197/mo solid owner-occupant economics.
Is rental property easy to operate in Terreton, ID?
ID law landlord-friendly for landlords, and Terreton inherits those rules. Investors should still review local ordinances for rental licensing.
You know 83450 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 83450 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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