Real Estate Investing in Mountain Home, Idaho (83647)

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

Elmore County • Population: 22,580 • Data updated: September 2026

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Should you buy in 83647 (Mountain Home, ID)? Our answer, based on the numbers below.

🏠 For Homebuyers
CAUTION
Grade D (44/100)

Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.

📈 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
1 flag
  • Elevated vacancy: 10.1% vacancy may signal weakening demand.

What’s happening in Mountain Home, ID (83647)?

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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 $361,491
Avg Monthly Rent $1,621
1% Rule ✗ Does Not Meet
Median Income $54,487
% Renters 31.8%

Market Analysis: 83647 Mountain Home

Not every below-median market is a bargain. Mountain Home's 83647 ZIP registers signals that favor experienced operators who can absorb the risk $361K pricing implies.

For an experienced owner, 83647 can be a a solid fit for hunting ground — but the discount at $361K reflects genuine risk that outside investors often underestimate.

Statewide comparisons place 83647 among ID's softer markets. That context does not make the ZIP uninvestable, but it does raise the bar for due diligence.

Employment concentration in 83647 leans toward sectors with higher volatility. The demographic consequence is income fluctuation that investors need to factor into their pro forma.

The 83647 ZIP fits a narrow investor profile — hands-on, patient, and willing to accept that the cap rate on paper is not the cap rate in reality.

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 Mountain Home:

C Below Average
Buy Confidence Score: 57/100
Affordability
5/25
Appreciation
18/25
Stability
13/20
Timing
6/15
Rental backup
15/15
Affordability
Expensive
Homes cost 6.6× the median income
Value Trend
Rising (+3.2%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $1,621/mo if you need to move
Market Conditions
WARM
Seller-favorable conditions, steady activity
Bottom Line: This market may be challenging for buyers. Consider your timing and budget carefully.
☀️
WARM MARKET
Mountain Home, ID Metro Area
Seller-favorable conditions, steady activity
0 days
Average time to sell
Very Fast
9.5%
Listings with price cuts
Few Cuts
0.0%
Sale price vs asking
Below Ask
0.0%
Income needed for mortgage
Affordable
📅 Market conditions as of August 29, 2026 — updated weekly from Mountain Home, ID metro data
🏠

Property Strategy for 83647

Which property type performs best in this market?

Best for Cash Flow
4BR
5.2% cap rate
Best for Appreciation
3BR
+9.3% 5yr CAGR
Best Overall Value
5BR
$92,758/bedroom
📊 Compare All Property Types →
Type Median Value Est. Rent Cap Rate 5yr CAGR $/Bedroom
1BR $248,838 $1,390 4.0% +8.2% $248,838
2BR $251,160 $1,660 4.8% +9.0% $125,580
3BR $339,479 $2,320 4.9% +9.3% $113,160
4BR $387,381 $2,780 5.2% +8.5% $96,845
5BR $463,788 +7.7% $92,758

Market Trends

Home Value History (with trend line)

$382K$325K$268K$210K$153K$96KJun 2006Jul 2016Jul 2026

Rent History (with trend line)

$1,736$1,655$1,575$1,494$1,413$1,333Oct 2024Sep 2025Jul 2026

📊 How Does 83647 Compare?

Metric 83647 Mountain Home Mountain Home, ID Idaho
Home Value $361,491 $361,491 N/A $465,545
5-Year CAGR 3.7% 3.7% N/A 7.2%
Avg Rent $1,621 $1,621 N/A -
Cap Rate 3.5% 3.5% - -
💡 Why Invest in 83647? Click to expand

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

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Landlord Ground Truth

Real numbers from people who own or manage rentals in ZIP 83647 (Mountain Home, ID). Anonymous, moderated, never written by AI.

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Investability
Good
Cap Rate
3.5%
Low
5yr Growth
+3.7%
Moderate

📉 Market Crash Risk Index

Based on Mountain Home, ID metro

0/10
Low Risk
Price YoY
0/3
N/A
Rent YoY
0/2
N/A
Below List
0/3
35%
Days Pending
0/2
0 days

View all metro crash risk rankings →

📊 Market Snapshot

Home Value $361,491
Monthly Rent $1,621
Price-to-Rent 18.6:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 5.4%
Cap Rate 3.5%
5-Year IRR 7.2%

📈 Home Appreciation

1-Year +3.2% ▲
3-Year CAGR +3.3% ▲
5-Year CAGR +3.7% ▲
10-Year CAGR +10.6% ▲

🏠 Rent Trends

1-Year -4.2% ▼
3-Year CAGR N/A
5-Year CAGR N/A
Negative Leverage — IRR / Tax Play Cap Rate: 3.5%  |  30yr Rate: 6.8%
Leverage reduces cash returns at current rates.

The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (3.5%). 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
10.1%
Moderate risk
Landlord Climate
5.0/5
Friendly
Value Trend (5yr)
+3.7%
Stable
Eviction process: Fast Rent control: Favorable

Demographics in 83647

Population: 22,580

💰 Median Household Income
$54,487
This area
$54,487
State
$66,158
USA
$74,580
🏠 Renter Occupied
31.8%
This area
31.8%
State
22.1%
USA
34.0%
💼 Unemployment Rate
3.6%
This area
3.6%
State
-5.1%
USA
3.7%
🎓 College Educated
20.1%
This area
20.1%
State
11.3%
USA
33.7%
👤 Median Age
34.0 years
This area
34.0 years
State
21.8 years
USA
38.9 years
🏚️ Vacancy Rate
10.1%
This area
10.1%
State
22.9%
USA
10.5%
👥 Population by Ethnicity
White 76.7%
Other/Mixed 18.5%
Hispanic/Latino 11.7%
Asian 3.2%
Black/African American 1.7%
👶 Under 18
25.0%
This area
25.0%
USA
22.0%
👴 65 and Over
15.4%
This area
15.4%
USA
17.3%
📊 Poverty Rate
9.5%
This area
9.5%
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 83647

C+ Avg School Grade
13 Schools
17.8:1 Avg Class Size
$8,921 Avg Per Pupil

Schools in This ZIP Code

B Good

MOUNTAIN HOME JUNIOR HIGH SCHOOL

📚 07 – 08 Middle
👥
514 Students
👨‍🏫
17.3:1 Class Size
💰
$9,327 Per Student
B Good

PRAIRIE ELEM/JR HIGH SCHOOL

📚 K – 08 School
👥
6 Students
👨‍🏫
6.2:1 Class Size
C+ Average

FERN-WATERS PUBLIC CHARTER SCHOOL

📚 04 – 08 School Charter
👥
78 Students
👨‍🏫
12.9:1 Class Size
💰
$12,395 Per Student
C+ Average

MOUNTAIN HOME SR HIGH SCHOOL

📚 09 – 12 High School
👥
894 Students
👨‍🏫
16.9:1 Class Size
💰
$9,327 Per Student
C+ Average

EAST ELEMENTARY SCHOOL

📚 Pre-K – 04 Elementary
👥
422 Students
👨‍🏫
21.1:1 Class Size
💰
$9,327 Per Student
C+ Average

HACKER MIDDLE SCHOOL

📚 05 – 06 School
👥
537 Students
👨‍🏫
19.9:1 Class Size
💰
$9,327 Per Student
C+ Average

NORTH ELEMENTARY SCHOOL

📚 Pre-K – 04 Elementary
👥
360 Students
👨‍🏫
19.0:1 Class Size
💰
$9,327 Per Student
C+ Average

WEST ELEMENTARY SCHOOL

📚 Pre-K – 04 Elementary
👥
542 Students
👨‍🏫
21.7:1 Class Size
💰
$9,327 Per Student
C Below Average

RICHARD MCKENNA CHARTER SCHOOL - MONTESSORI

📚 K – 08 School Charter
👥
211 Students
👨‍🏫
16.9:1 Class Size
💰
$7,343 Per Student
C Below Average

RICHARD MCKENNA CHARTER SCHOOL - ONSITE

📚 09 – 12 High School Charter
👥
58 Students
👨‍🏫
14.5:1 Class Size
💰
$7,343 Per Student
C Below Average

BENNETT MOUNTAIN HIGH SCHOOL

📚 06 – 12 High School
👥
103 Students
👨‍🏫
20.6:1 Class Size
💰
$9,327 Per Student
D Needs Improvement

RICHARD MCKENNA CHARTER SCHOOL - ONLINE

📚 09 – 12 High School Charter
👥
122 Students
👨‍🏫
19.9:1 Class Size
💰
$7,343 Per Student
D Needs Improvement

RICHARD MCKENNA CHARTER SCHOOL - ONLINE ALTERNATIVE

📚 09 – 12 High School Charter
👥
154 Students
👨‍🏫
24.7:1 Class Size
💰
$7,343 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

How strong is Mountain Home, ID for real estate investors?

Mountain Home, ID scores 3.0/5 for investability. Home values sit at $361K and rents near $1,621/mo, which keeps the rent-to-price ratio in reasonable territory for buy-and-hold investors.

What is the average home sale price in Mountain Home, ID?

Expect median prices around $361K in Mountain Home, ID. The market has run at a 0.0% 5-year CAGR, so entry costs have been reliable.

Is Mountain Home, ID better for rentals, flips, or BRRRR?

Mountain Home, ID investors pursuing careful cash-flow rentals with hands-on management. The underlying economics ($361K prices, $1,621/mo rents) make it a reasonable choice.

What is the renter demographic in Mountain Home, ID?

Mountain Home, ID offers a even-keeled renter base at the $1,621/mo rent level. Tenant turnover is reasonable for well-managed properties.

What is the typical vacancy rate in Mountain Home, ID?

Mountain Home, ID vacancy trends elevated. Investors running standard buy-and-hold plays see reasonable downtime between tenants.

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