FairRentWize

Idaho Falls Fair Market Rent 2026

HUD Fair Market Rent data for the Idaho Falls metropolitan area. Median household income: $42,238/year. Vacancy rate: 3.8%.

2BR FMR

$897/mo

Median Income

$42,238

Vacancy Rate

3.8%

Rent Burden

25.5%

Fair Market Rent by Bedroom Size

Studio$583/mo
1 Bedroom$710/mo
2 Bedroom$897/mo
3 Bedroom$1,089/mo
4 Bedroom$1,288/mo

Affordability Analysis

Based on the 30% rule, a household earning the median income of $42,238/year can afford up to $1,056/mo in rent.

The 2BR FMR of $897/mo represents 25.5% of median income, which is within the 30% affordability threshold.

Rental Market Conditions

The vacancy rate of 3.8% in Idaho Falls indicates a tight rental market. Low vacancy means more competition for available units and potential upward pressure on rents.

Frequently Asked Questions

What is the average rent in Idaho Falls?

The 2026 HUD FMR for a 2-bedroom in the Idaho Falls metro area is $897/month. 1BR: $710, 3BR: $1,089.

What is the vacancy rate in Idaho Falls?

The rental vacancy rate in Idaho Falls is 3.8%. A rate below 5% typically indicates a tight rental market.

Is Idaho Falls affordable for renters?

With a median income of $42,238 and 2BR rent at $897/mo, rent takes about 25% of income in Idaho Falls.

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