Idaho
Elmore County
29,046 residents173 permits TTM$58,976 median HHI6 ZIP codesUpdated April 28, 2026
Investor first look
Median home value
$278,300
ACS 5-Year
Cap rate proxy
4.8%
FMR × 0.65 ÷ Home Value
Rent-to-income
22.6%
HUD FMR ÷ ACS HHI
Net migration
+1.54%
IRS SOI
Permits (TTM)
173
Census BPS
Climate risk
52.0
FEMA NRI (0–100)
ZIP code breakdown6 ZIP codes
| ZIP | Median home value | Rent (FMR 2BR) | Gross yield | Cap rate | Rent gap |
|---|---|---|---|---|---|
| 83623 | — | — | — | 5.3% | — |
| 83337 | — | — | — | 4.8% | — |
| 83648 | — | — | — | 4.8% | — |
| 83647 | — | — | — | 5.9% | — |
| 83633 | — | — | — | 4.8% | — |
Ranked by composite score
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Demographics
Owner-occupied
65.3%
Census ACS
Vacancy rate
10.8%
Census ACS
Bachelor's degree +
21.2%
Census ACS
Rent burdened
34.0%
Census ACS (>30% income)
Median age
32.5
Census ACS
U.S. Census Bureau — American Community Survey 5-Year Estimates
U.S. Census Bureau — Building Permits Survey
U.S. Department of Housing and Urban Development — Fair Market Rents / Small Area Fair Market Rents (SAFMR)
Internal Revenue Service — Statistics of Income Migration Data
FEMA — National Risk Index
Last updated: April 28, 2026