ZIP Code · ID

ZIP 83401

Part of Idaho Falls, ID

Pop. 47,972·Bonneville County·32nd most expensive ZIP in Idaho

Median rent (all units)

$1,422/mo

Year-over-Year

+2.4%

Month-over-Month

Stable

vs US Median

-$510

Reported rents

Stable (Monthly)

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Most AffordableMost Expensive

ZIP 83401 · $1,422

More affordable than 78% of US ZIP codes · National median $1,932/mo

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Compare your rent to the local median.

Medians by bedroom

Rent by unit size

Studio

$1,050

1 BR

$1,120

2 BR

$1,330

3 BR

$1,850

4 BR+

$2,230

Research median

$1,330/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

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Last updated: October 17, 2026

From the history

What the numbers show

Cheapest month to sign

January. Asking rents in ZIP 83401 usually run 1.4% below trend in January and 1.1% above it in July, about $36 a month apart at today's median. Based on 5 years of data.

Compared with the peak

Rent in ZIP 83401 is at its highest level since Zillow's records here began in December 2020.

Past year vs. the rest of Idaho

Rent in ZIP 83401 changed +2.4% over the year to September 2026. Across the 34 Idaho ZIP codes Zillow tracks, the typical change was +6.0%.

Recent direction

Rent has risen 7 months in a row, and rose in 10 of the last 12 months.

What a typical income covers

30% of the median household income ($78,497) is $1,962 a month. That covers HUD's Fair Market Rent for up to a 3-bedroom ($1,850); a 4-bedroom is $2,230.

Rank in Idaho Falls

2nd cheapest of 3 ZIP codes in Idaho Falls.

From Zillow's monthly rent index (ZORI) for ZIP 83401. The seasonal pattern compares Zillow’s seasonally adjusted and unadjusted series. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost

$17,064/yr

At $1,422/mo median

Location

CityIdaho Falls

StateID

CountyBonneville County

Rent Market Meter

Landlord's Market

Renter's MarketBalancedLandlord's Market

Rents are climbing (2.4% YoY), so leverage tilts toward landlords. Act sooner rather than later.

Based on rent-price momentum (+2.4% YoY, +0.1% MoM), not inventory.

Demographics

Who lives here

ZIP 83401 (Idaho Falls, ID) is majority owner-occupied, has a large share of families with children, 28.9% of residents hold a bachelor's degree or higher.

Population

47,972

Median income

$78,497

Median age

31.9

Renters

24.7%

Age distribution

31%

24.4%

23.5%

12.6%

Under 1831%

18–3424.4%

35–5423.5%

55–648.5%

65+12.6%

Gender

52%

48%

Male52%

Female48%

Race & ethnicity

82.7%

14.9%

White82.7%

Black0.8%

Hispanic14.9%

Other1.4%

Education (25+)

24.9%

36.1%

28.9%

No HS diploma10%

HS diploma24.9%

Some college36.1%

Bachelor's+28.9%

Housing tenure

75.3%

24.7%

Owner75.3%

Renter24.7%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2021 vs 2026

How ZIP 83401 in Idaho Falls, ID has changed in 5 years

Rent

$1,103 → $1,422

up 28.9%

Income

$64,536 → $78,497

up 21.6%

Population

46,215 → 47,972

up 3.8%

Renter share

28.1% → 24.7%

-3.4 pts

Bachelor's+

28.7% → 28.9%

+0.2 pts

Median age

30.1 → 31.9

+1.8 yrs

Five years ago, renters in ZIP 83401 in Idaho Falls, ID paid around $1,103 a month. That figure now sits near $1,422, up 28.9% from the 2021 baseline. On the earnings side, the typical household in ZIP 83401 in Idaho Falls, ID now reports about $78,497, up from $64,536 in 2021. Because rent grew faster than wages over the same span, the affordability picture has tightened relative to 2021. Census counts show ZIP 83401 in Idaho Falls, ID adding about 1,757 residents over the five-year window, up 3.8% on net. The renter share has eased from 28.1% to 24.7%, with owner-occupied housing accounting for the remainder. For context, the 2021 to 2026 window covers an unusually volatile run for US rents nationally, and ZIP 83401 in Idaho Falls, ID reflects that arc in its own way.

Community

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About renting in ZIP 83401

Last updated: October 17, 2026

ZIP code 83401 covers Idaho Falls, ID. The median rent here is $1,422/mo as of October 2026. A 1-bedroom rents for a median of $1,120/mo. A 2-bedroom rents for a median of $1,330/mo.

At 22% of local median household income ($78,497/yr), ZIP 83401 ranks as affordable compared to the national benchmark of 30%. Rents have increased 2.4% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 83401?

To keep rent at or below 30% of gross income, you would need to earn at least $57,000/year (about $27/hour full-time) to afford the median rent of $1,422/mo in ZIP 83401. The local median household income is $78,497/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 83401?

Rent in ZIP 83401 has risen 2.4% over the past year as of September 2026. That is the highest level since Zillow's records here began in December 2020.

When is the cheapest time to rent in ZIP 83401?

Asking rents in ZIP 83401 are usually lowest in January, about 1.4% below their yearly trend, and highest in July, about 1.1% above it. At today's median that is a gap of roughly $36 a month. This pattern comes from 5 years of Zillow rent data.

How does ZIP 83401 compare to other ZIPs in Idaho?

ZIP 83401 is one of the more affordable among Idaho ZIP codes for rent, ranking #32 of 39 at $1,422/mo. Over the year to September 2026, rent in ZIP 83401 changed +2.4%, against a typical +6.0% across the 34 Idaho ZIP codes Zillow tracks.