Real Estate Investing in Rexburg, Idaho (83440)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 83440 (Rexburg, 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: 17.0% of homes vacant — above national norms.
- High price-to-rent: Price-to-rent ratio 31.6 — hard to cash-flow at these prices.
What’s happening in Rexburg, ID (83440)?
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Market Analysis: 83440 Rexburg
ZIP 83440 in Rexburg, ID carries a sturdy set of headwinds. Home values near $432K and rents of $1,140/mo sit inside a market where underwriting has to be tight.
If the plan assumes clean turnover, on-time rent, and low maintenance on a $432K asset, 83440 is the wrong submarket. If the plan prices in friction, the yield can still work.
The gap between 83440 and stronger Rexburg ZIPs is not closing quickly. Investors should weight long-horizon assumptions accordingly.
Meanwhile, 50,669 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.
Strategically, 83440 can be a high-return sleeve of a diversified portfolio — but it should not be the whole portfolio, and it should not be someone's first deal.
Here's what matters if you're considering buying a home in Rexburg:
Property Strategy for 83440
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $221,526 | $1,120 | 3.6% | +7.7% | $110,763 |
| 3BR | $344,312 | $1,560 | 3.3% | +8.4% | $114,771 |
| 4BR | $439,439 | $1,820 | 3.0% | +8.5% | $109,860 |
| 5BR | $510,033 | — | — | +8.2% | $102,007 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 83440 Compare?
| Metric | 83440 | Rexburg | Rexburg, ID | Idaho |
|---|---|---|---|---|
| Home Value | $432,072 | $216,036 | N/A | $465,545 |
| 5-Year CAGR | 4.7% | 4.7% | N/A | 7.2% |
| Avg Rent | $1,140 | $1,140 | N/A | - |
| Cap Rate | 2.1% | 2.1% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 83440 (Rexburg, ID). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $432,072 |
| Monthly Rent | $1,140 |
| Price-to-Rent | 31.6:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 3.2% |
| Cap Rate | 2.1% |
| 5-Year IRR | 6.8% |
📈 Home Appreciation
| 1-Year | +8.6% ▲ |
| 3-Year CAGR | +3.7% ▲ |
| 5-Year CAGR | +4.7% ▲ |
| 10-Year CAGR | +8.6% ▲ |
🏠 Rent Trends
| 1-Year | -5.3% ▼ |
| 3-Year CAGR | -0.8% ▼ |
| 5-Year CAGR | +2.9% ▲ |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (2.1%). 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 83440
Population: 50,669
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 83440
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
Frequently Asked Questions
How qualified is the tenant pool in Rexburg, ID?
Expect a solid tenant pool in Rexburg, ID. The rental market absorbs $1,140/mo rents without meaningful friction.
What strategy should investors use in Rexburg, ID?
Investors usually favor careful cash-flow rentals with hands-on management in Rexburg, ID. With home values at $432K and rents near $1,140/mo, other strategies can work but produce measured rather than outsized returns.
What is the typical home price in Rexburg, ID?
In Rexburg, ID the median home value sits at $432K. Against the broader ID market, that reads as reasonable for most investors.
Does Rexburg, ID favor landlords or tenants?
Rexburg, ID operates under ID law, which is landlord-friendly overall for landlords. Expect stable treatment in typical lease and eviction cases.
How does Rexburg, ID rate as a rental market?
Rexburg, ID rates 3.0/5 for investability. With median values at $432K and rents near $1,140/mo, the market offers reasonable fundamentals for rental investors.
You know 83440 now. You don’t know where it ranks.
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How 83440 ranks in Rexburg, ID
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