Real Estate Investing in Craigmont, Idaho (83523)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 83523 (Craigmont, 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.
- Elevated vacancy: 10.6% vacancy may signal weakening demand.
- High price-to-rent: Price-to-rent ratio 25.1 — hard to cash-flow at these prices.
• Limited market data — this is a very small market; averages are built from few observations and can swing widely. • Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Craigmont, ID (83523)?
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Market Analysis: 83523 Craigmont
This part of Lewis County is not an easy win. The 83523 ZIP registers softness in key indicators, and the playbook that works in cleaner markets often stalls here.
The investment case in 83523 is robust only for operators who understand what they are buying. A $309K median suggests accessibility, but management intensity, vacancy drift, and capex surprises are real.
Stepping back, 83523 offers a low basis, the region around Craigmont has moved on in ways that the ZIP itself has not fully absorbed. The result is a discount with genuine reasons.
In practical terms, 777 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.
Distressed ZIPs reward experience. solid returns are possible in 83523, but they flow to investors who already understand how to operate in soft markets.
Here's what matters if you're considering buying a home in Craigmont:
Property Strategy for 83523
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 3BR | $286,339 | $1,590 | 4.0% | — | $95,446 |
| 4BR | $330,865 | $1,910 | 4.2% | — | $82,716 |
Market Trends
Home Value History (with trend line)
📊 How Does 83523 Compare?
| Metric | 83523 | Craigmont | Idaho |
|---|---|---|---|
| Home Value | $308,849 | $308,849 | $465,545 |
| 5-Year CAGR | 4.7% | 4.7% | 7.2% |
| Avg Rent | $1,026 | $1,026 | - |
| Cap Rate | 2.6% | 2.6% | - |
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 83523 (Craigmont, ID). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $308,849 |
| Monthly Rent | $1,026 |
| Price-to-Rent | 25.1:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.0% |
| Cap Rate | 2.6% |
| 5-Year IRR | 7.3% |
📈 Home Appreciation
| 1-Year | +5.8% ▲ |
| 3-Year CAGR | +2.6% ▲ |
| 5-Year CAGR | +4.7% ▲ |
| 10-Year CAGR | +8.6% ▲ |
🏠 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 (2.6%). 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 83523
Population: 777
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 83523
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
Is Craigmont, ID a smart market for rental property?
Yes - Craigmont, ID a 3.0/5 investability score. With $309K home prices against $1,026/mo monthly rent, the market delivers a reasonable entry point for new investors.
How tight is the rental market in Craigmont, ID?
Vacancy in Craigmont, ID is elevated, which keeps landlord downtime on reasonable timelines. Most properties lease within the standard window at $1,026/mo.
What are rental rates like in Craigmont, ID?
Craigmont, ID rentals go for roughly $1,026/mo a month. That puts gross yield in solid territory relative to $309K acquisition costs.
Are eviction rules reasonable in Craigmont, ID?
Craigmont, ID operates under ID law, which is landlord-friendly overall for landlords. Expect even-keeled treatment in typical lease and eviction cases.
Which investment style suits Craigmont, ID?
In Craigmont, ID the resilient play is typically careful cash-flow rentals with hands-on management. The combination of $309K prices and $1,026/mo rents suits that approach.
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