Real Estate Investing in Garden Valley, Idaho (83622)

Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.

Boise • Population: 2,131 • Data updated: September 2026

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Should you buy in 83622 (Garden Valley, ID)? Our answer, based on the numbers below.

🏠 For Homebuyers
WEAK FIT
Grade F (34/100)

Multiple negative signals. Better options likely exist nearby.

📈 For Investors
MIXED
3.0 / 5 (47/100)

A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.

⚠️ Risks to Know
2 flags
  • High vacancy: 47.0% of homes vacant — above national norms.
  • High price-to-rent: Price-to-rent ratio 31.2 — 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 Garden Valley, ID (83622)?

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3.0/ 5

Investability

Overall investment appeal

2.0/ 5

Appreciation

Long-term value growth

3.0/ 5

Cashflow ROI

Rental yield potential

Avg Home Value $559,513
Avg Monthly Rent $1,494
1% Rule ✗ Does Not Meet
Median Income $73,288
% Renters 11.8%

Market Analysis: 83622 Garden Valley

Not every below-median market is a bargain. Garden Valley's 83622 ZIP comes in at signals that favor experienced operators who can absorb the risk $560K pricing implies.

If the plan assumes clean turnover, on-time rent, and low maintenance on a $560K asset, 83622 is the wrong submarket. If the plan prices in friction, the yield can still work.

Within ID, ZIP 83622 trails on several market indicators that neighboring Boise submarkets outperform. The gap is real and significant enough to shape underwriting.

The 83622 ZIP's population of 2,131 has faced economic pressure over the last decade. That pressure shows up in rent delinquency patterns that shows the need for careful underwriting.

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.

Explore the Data — Click a Tab Below
🏦 Current 30-yr Fixed Mortgage Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS

Here's what matters if you're considering buying a home in Garden Valley:

C Below Average
Buy Confidence Score: 53/100
Affordability
5/25
Appreciation
18/25
Stability
7/20
Timing
8/15
Rental backup
15/15
Affordability
Expensive
Homes cost 7.6× the median income
Value Trend
Rising (+4.8%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $1,494/mo if you need to move
Market Conditions
BALANCED
Even conditions for buyers and sellers
Bottom Line: This market may be challenging for buyers. Consider your timing and budget carefully.
🏠

Property Strategy for 83622

Which property type performs best in this market?

Best for Cash Flow
3BR
2.7% cap rate
Best for Appreciation
4BR
+10.9% 5yr CAGR
Best Overall Value
4BR
$191,358/bedroom
📊 Compare All Property Types →
Type Median Value Est. Rent Cap Rate 5yr CAGR $/Bedroom
1BR $390,972 $1,390 2.6% $390,972
2BR $462,933 $1,660 2.6% +9.2% $231,466
3BR $613,134 $2,320 2.7% +9.9% $204,378
4BR $765,432 $2,780 2.6% +10.9% $191,358

Market Trends

Home Value History (with trend line)

$615K$515K$416K$317K$217K$118KJun 2009Jan 2018Jul 2026

📊 How Does 83622 Compare?

Metric 83622 Garden Valley Idaho
Home Value $559,513 $559,513 $465,545
5-Year CAGR 3.4% 3.4% 7.2%
Avg Rent $1,494 $1,494 -
Cap Rate 2.1% 2.1% -
💡 Why Invest in 83622? Click to expand

With a 3/5 investability rating, this ZIP shows solid fundamentals for buy-and-hold investors.

📊 See where this ZIP ranks in our Best-of lists →
A great house in the wrong ZIP is still a bad deal — screen every market by cash flow & cap rate.
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Landlord Ground Truth

Real numbers from people who own or manage rentals in ZIP 83622 (Garden Valley, ID). Anonymous, moderated, never written by AI.

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Property managers serving Boise County

Manage rentals here? List your business →

Wright Property Management offers property management and multi-family unit management services in Boise, Garden City, Meridian, Kuna, Nampa, Eagle, Star, and Emmett, Idaho. summary from their website

Small multifamily
Unclaimed — is this your business? Claim it free

Myboisebnb.com provides fast payday loans in Boise, ID, with no credit check for emergency expenses. summary from their website

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Boise River Property Management serves Boise and surrounding areas, offering rental management and aiming to build lasting relationships with owners and tenants. summary from their website

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Listings are shown for convenience — Repit doesn’t endorse or vet these companies. Ratings shown come only from email-verified visitors.

Investability
Good
Cap Rate
2.1%
Low
5yr Growth
+3.4%
Moderate

📊 Market Snapshot

Home Value $559,513
Monthly Rent $1,494
Price-to-Rent 31.2:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 3.2%
Cap Rate 2.1%
5-Year IRR 5.5%

📈 Home Appreciation

1-Year +4.8% ▲
3-Year CAGR +2.3% ▲
5-Year CAGR +3.4% ▲
10-Year CAGR +10.2% ▲

🏠 Rent Trends

1-Year N/A
3-Year CAGR N/A
5-Year CAGR N/A
Negative Leverage — IRR / Tax Play Cap Rate: 2.1%  |  30yr Rate: 6.8%
Leverage reduces cash returns at current rates.

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.

Vacancy
47.0%
Elevated risk
Landlord Climate
5.0/5
Friendly
Value Trend (5yr)
+3.4%
Stable
Eviction process: Fast Rent control: Favorable

Demographics in 83622

Population: 2,131

💰 Median Household Income
$73,288
This area
$73,288
State
$66,158
USA
$74,580
🏠 Renter Occupied
11.8%
This area
11.8%
State
22.1%
USA
34.0%
💼 Unemployment Rate
1.0%
This area
1.0%
State
-5.1%
USA
3.7%
🎓 College Educated
29.7%
This area
29.7%
State
11.3%
USA
33.7%
👤 Median Age
55.0 years
This area
55.0 years
State
21.8 years
USA
38.9 years
🏚️ Vacancy Rate
47.0%
This area
47.0%
State
22.9%
USA
10.5%
👥 Population by Ethnicity
White 93.9%
Other/Mixed 4.6%
Black/African American 1.1%
Hispanic/Latino 1.0%
Asian 0.3%
👶 Under 18
14.0%
This area
14.0%
USA
22.0%
👴 65 and Over
31.7%
This area
31.7%
USA
17.3%
📊 Poverty Rate
4.3%
This area
4.3%
USA
11.5%

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 83622

A Avg School Grade
1 Schools
13.0:1 Avg Class Size
$18,272 Avg Per Pupil

Schools in This ZIP Code

A Very Good

GARDEN VALLEY SCHOOL

📚 Pre-K – 12 K-12
👥
253 Students
👨‍🏫
13.0:1 Class Size
💰
$18,272 Per Student
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 housing expensive in Garden Valley, ID?

Typical homes in Garden Valley, ID go for around $560K. The 5-year CAGR of 0.0% even-keeled price movement.

What is the typical renter like in Garden Valley, ID?

Tenant demand in Garden Valley, ID is solid. The local workforce $1,494/mo rents across most rental classes.

What is the rental occupancy rate in Garden Valley, ID?

Rental vacancy in Garden Valley, ID is elevated. Investors should budget normal turnover but not chronic empty units.

How landlord-friendly is Garden Valley, ID?

ID ranks as a landlord-friendly state for landlord-tenant law. Garden Valley generally follows the statewide framework, so landlords face reasonable operating rules.

How do experienced investors play Garden Valley, ID?

Garden Valley, ID investors pursuing careful cash-flow rentals with hands-on management. The underlying economics ($560K prices, $1,494/mo rents) make it a reasonable choice.

You know 83622 now. You don’t know where it ranks.

This page stays free — all of it. What one page can’t tell you is how 83622 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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