Real Estate Investing in Plummer, Idaho (83851)

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

Benewah County • Population: 1,925 • Data updated: September 2026

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Should you buy in 83851 (Plummer, ID)? Our answer, based on the numbers below.

🏠 For Homebuyers
CAUTION
Grade D (52/100)

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
  • High vacancy: 25.4% of homes vacant — above national norms.

• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.

What’s happening in Plummer, ID (83851)?

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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 $313,887
Avg Monthly Rent $1,188
1% Rule ✗ Does Not Meet
Median Income $53,664
% Renters 28.8%

Market Analysis: 83851 Plummer

ZIP 83851 in Plummer, ID carries a sturdy set of headwinds. Home values near $314K and rents of $1,188/mo sit inside a market where underwriting has to be tight.

For an experienced owner, 83851 can be a a solid fit for hunting ground — but the discount at $314K reflects genuine risk that outside investors often underestimate.

Statewide comparisons place 83851 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 83851 leans toward sectors with higher volatility. The demographic consequence is income fluctuation that investors need to factor into their pro forma.

Strategy in 83851 is an operator game, not a passive one. Meanwhile, entry prices of $314K are inviting, the management lift is real and non-optional.

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 Plummer:

C Below Average
Buy Confidence Score: 58/100
Affordability
10/25
Appreciation
18/25
Stability
7/20
Timing
8/15
Rental backup
15/15
Affordability
Expensive
Homes cost 5.8× the median income
Value Trend
Rising (+6.2%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $1,188/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.

Market Trends

Home Value History (with trend line)

$355K$302K$248K$194K$141K$87KJul 2009Jan 2018Jul 2026

📊 How Does 83851 Compare?

Metric 83851 Plummer Idaho
Home Value $313,887 $313,887 $465,545
5-Year CAGR 4.2% 4.2% 7.2%
Avg Rent $1,188 $1,188 -
Cap Rate 3.0% 3.0% -
💡 Why Invest in 83851? 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 →
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Landlord Ground Truth

Real numbers from people who own or manage rentals in ZIP 83851 (Plummer, ID). Anonymous, moderated, never written by AI.

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Investability
Good
Cap Rate
3.0%
Low
5yr Growth
+4.2%
Moderate

📊 Market Snapshot

Home Value $313,887
Monthly Rent $1,188
Price-to-Rent 22.0:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 4.5%
Cap Rate 3.0%
5-Year IRR 7.1%

📈 Home Appreciation

1-Year +6.2% ▲
3-Year CAGR +1.1% ▲
5-Year CAGR +4.2% ▲
10-Year CAGR +9.1% ▲

🏠 Rent Trends

1-Year N/A
3-Year CAGR N/A
5-Year CAGR N/A
Negative Leverage — IRR / Tax Play Cap Rate: 3.0%  |  30yr Rate: 6.8%
Leverage reduces cash returns at current rates.

The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (3.0%). 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
25.4%
Elevated risk
Landlord Climate
5.0/5
Friendly
Value Trend (5yr)
+4.2%
Stable
Eviction process: Fast Rent control: Favorable

Demographics in 83851

Population: 1,925

💰 Median Household Income
$53,664
This area
$53,664
State
$66,158
USA
$74,580
🏠 Renter Occupied
28.8%
This area
28.8%
State
22.1%
USA
34.0%
💼 Unemployment Rate
2.5%
This area
2.5%
State
-5.1%
USA
3.7%
🎓 College Educated
13.5%
This area
13.5%
State
11.3%
USA
33.7%
👤 Median Age
37.6 years
This area
37.6 years
State
21.8 years
USA
38.9 years
🏚️ Vacancy Rate
25.4%
This area
25.4%
State
22.9%
USA
10.5%
👥 Population by Ethnicity
White 59.3%
Other/Mixed 37.7%
Hispanic/Latino 2.9%
Black/African American 2.9%
Asian 0.2%
👶 Under 18
26.4%
This area
26.4%
USA
22.0%
👴 65 and Over
16.1%
This area
16.1%
USA
17.3%
📊 Poverty Rate
11.0%
This area
11.0%
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 83851

A Avg School Grade
3 Schools
10.4:1 Avg Class Size
$17,956 Avg Per Pupil

Schools in This ZIP Code

A Very Good

LAKESIDE ELEMENTARY SCHOOL

📚 Pre-K – 05 Elementary
👥
156 Students
👨‍🏫
9.7:1 Class Size
💰
$17,956 Per Student
A Very Good

LAKESIDE HIGH SCHOOL

📚 09 – 12 High School
👥
123 Students
👨‍🏫
11.1:1 Class Size
💰
$17,956 Per Student
A Very Good

LAKESIDE MIDDLE SCHOOL

📚 06 – 08 Middle
👥
80 Students
👨‍🏫
10.3:1 Class Size
💰
$17,956 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

What approach is best for Plummer, ID real estate?

Investors usually favor careful cash-flow rentals with hands-on management in Plummer, ID. With home values at $314K and rents near $1,188/mo, other strategies can work but produce reliable rather than outsized returns.

What kind of tenants rent in Plummer, ID?

Plummer, ID draws a measured base of working renters. Demand at the $1,188/mo rent level is reasonable for standard single-family and small multi rentals.

Is real estate in Plummer, ID a good investment right now?

The 3.0/5 investability rating in Plummer, ID reflects its $314K prices and $1,188/mo rents. Investors generally consider it a solid option within ID.

What price range are homes in Plummer, ID?

Plummer, ID home values average about $314K. That price point suits investors targeting rentals with $1,188/mo in monthly income.

What is the typical vacancy rate in Plummer, ID?

Plummer, ID sees elevated vacancy, which is reasonable relative to the broader ID rental market.

You know 83851 now. You don’t know where it ranks.

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