Housing market/Idaho/ZIP 83402
ZIP 83402 Idaho Falls, Bingham County, Idaho
Bingham County, ID · Idaho. Census housing stock, renter economics, HUD SAFMR, LIHTC, and population change. Not a listing page and not a buy/sell score.
ZIP brief
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HUD schedule, ACS stock, and the 90–110% band for ZIP 83402 · ID — sent to you.
ZIP 83402 · ID
ACS rent vs 2BR SAFMR
ZIP 83402 — Idaho Falls, ID HUD Section 8 Payment Standards / SAFMR →ACS median is all-bedroom occupied rent. SAFMR is the 2-bedroom HCV benchmark.
Housing stock
ACS 2023 units-in-structure · ZCTA 83402
- 1-unit detached8,38870.0%
- 1-unit attached3863.2%
- 2–4 units1,41411.8%
- 5–49 units1,26910.6%
- 50+ units410.3%
- Mobile4854.0%
2–4 unit share 11.8% · 5–49 unit share 10.6% · combined 2–49 22.4%.
Units by bedrooms
Rent burden
- ACS median gross rent $904 (all bedrooms, occupied rentals).
- Median contract rent $750.
- Renters paying ≥30% of income 44.9%; ≥50% 17.9%.
- FY2027 2BR SAFMR $1,180 (1.305× ACS median gross rent).
Population
29,683 residents · ACS 2023
Change versus the 2018 ACS 5-year estimate: +19.9%.
ACS 5-year estimates lag current construction. This is not a forecast.
Assisted inventory
- LIHTC: 4 projects, 201 units.
- HUD project-based assisted MF: 3 properties, 114 assisted units.
- HCV household counts (Picture of Subsidized Households) are not on this page yet.
New apartment permits
About 462 new apartments in 5+ unit buildings may have been permitted in this ZIP’s share of the county. That is units (doors), not a building count.
Cities and counties report building permits to the Census. Apartment counts are for the whole county, not a project list in this ZIP.
What the data shows
ZIP 83402 35.9% of occupied households are renters; vacancy is 7.9%; ACS median gross rent is $904; population increased +19.9% between the 2018 and 2023 ACS vintages; the housing stock includes 1,414 units in 2–4-unit structures and 1,269 units in 5–49-unit structures; 4 LIHTC projects totaling 201 units; FY2027 2BR SAFMR is $1,180 versus ACS median gross rent of $904. These figures describe the underlying housing market, not the cash flow of any one property. Asking rents, expenses, condition, taxes, insurance, and the rent roll have to be underwritten separately.
Idaho research
ZIP 83402 is a Census / HUD profile for Bingham County, ID. Not a listing page. Brokerage is Georgia; out-of-state work is referral.
ZIP 83402 — Idaho Falls, ID HUD Section 8 Payment Standards / SAFMR·Idaho ZIP directory
Nearby ZIPs in this FMR area
Census ZIP areas approximate mail ZIPs. Sources: Census ACS 5-year 2023, HUD FY2027 Small Area FMR, HUD LIHTC and assisted multifamily lists, Census building permits (county). This page is Idaho research. Brokerage is Georgia.
FAQ
What is the housing market like in ZIP 83402?
ZIP 83402 (Bingham County, ID) has 29,683 residents, 11,036 households, a renter share of 35.9%, median household income of $72,064, and ACS 2023 median gross rent of $904. Vacancy is 7.9%. These are ZCTA estimates, not a property rent roll.
How much small multifamily housing is in 83402?
ACS counts 261 units in 2-unit buildings, 1,153 in 3–4 unit buildings, 685 in 5–9, 245 in 10–19, and 339 in 20–49. Combined 2–49 unit stock is 2,683 units. This is occupied-and-vacant stock, not listings for sale.
What is the Section 8 rent in 83402?
The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,180. See the full schedule and 90–110% payment-standard band on the ZIP 83402 — Idaho Falls, ID HUD Section 8 Payment Standards / SAFMR.
Does this Idaho ZIP profile include Georgia listings?
No. ZIP 83402 is Census / HUD research for Bingham County, ID. Jeff Crowe CRE does not list Idaho property. Licensed brokerage is Georgia. If you use this stock table and then buy in Georgia, live FMLS Residential Income is on multifamily for sale in Georgia.