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ZIP Code · ID

ZIP 83402

Pop. 29,994·Bonneville County·34th most expensive ZIP in Idaho
Median rent (all units)
$1,283/mo
Year-over-Year
-1.1%
Month-over-Month
-4.0%
vs US Median
-$682
Falling (Monthly)
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Most AffordableMost Expensive
ZIP 83402 · $1,283
More affordable than 88% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$940
1 BR
$980
2 BR
$1,180
3 BR
$1,660
4 BR+
$1,990
Research median
$1,180/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: July 20, 2026

Annual cost
$15,396/yr
At $1,283/mo median
Location
StateID
CountyBonneville County
Rent Market Meter
Strong Renter's Market
Renter's MarketBalancedLandlord's Market
Rents are down 1.1% year-over-year. Push hard on price, concessions, and lease terms.
Based on rent-price momentum (-1.1% YoY, -4.0% MoM), not inventory.
Demographics

Who lives here

ZIP 83402 (Idaho Falls, ID) is majority owner-occupied, has a large share of families with children, 32.1% of residents hold a bachelor's degree or higher.

Population
29,994
Median income
$74,517
Median age
32.9
Renters
36.1%
Age distribution
28.5%
24.5%
23.1%
12.4%
Under 1828.5%
18–3424.5%
35–5423.1%
55–6411.4%
65+12.4%
Gender
47.9%
52.1%
Male47.9%
Female52.1%
Race & ethnicity
81.5%
17.1%
White81.5%
Hispanic17.1%
Asian1.1%
Education (25+)
25.6%
34.5%
32.1%
No HS diploma7.8%
HS diploma25.6%
Some college34.5%
Bachelor's+32.1%
Housing tenure
63.9%
36.1%
Owner63.9%
Renter36.1%

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

2021 vs 2026

How ZIP 83402 in Idaho Falls, ID has changed in 5 years

Rent
$1,075 → $1,283
up 19.3%
Income
$58,301 → $74,517
up 27.8%
Population
27,238 → 29,994
up 10.1%
Renter share
39.8% → 36.1%
-3.7 pts
Bachelor's+
26.6% → 32.1%
+5.5 pts
Median age
34 → 32.9
-1.1 yrs

Rent in ZIP 83402 in Idaho Falls, ID has climbed 19.3% since 2021, going from about $1,075 per month to roughly $1,283 today. On the earnings side, the typical household in ZIP 83402 in Idaho Falls, ID now reports about $74,517, up from $58,301 in 2021. Income growth outran rent by about 8.5 percentage points, easing the affordability math somewhat compared with 2021. Headcount in the area went from 27,238 to 29,994 between 2021 and 2024, a 10.1% change. About 36.1% of households rent today, against 39.8% in 2021. Educational attainment has shifted as well, with the share of adults holding a bachelor's degree or higher climbed from 26.6% to 32.1%. For context, the 2021 to 2026 window covers an unusually volatile run for US rents nationally, and ZIP 83402 in Idaho Falls, ID reflects that arc in its own way.

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Local insights

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About renting in ZIP 83402

Last updated: July 20, 2026

ZIP code 83402 covers Idaho Falls, ID. The median rent here is $1,283/mo as of July 2026. A 1-bedroom rents for a median of $980/mo. A 2-bedroom rents for a median of $1,180/mo.

At 21% of local median household income ($74,517/yr), ZIP 83402 ranks as affordable compared to the national benchmark of 30%. Rents have decreased 1.1% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 83402?

As of July 20, 2026, the median monthly rent in ZIP 83402 (Idaho Falls, ID) is $1,283. This is based on aggregated data from public sources and community submissions.

How does ZIP 83402 rent compare to the US average?

ZIP 83402's median rent of $1,283/mo is $682 (35%) below the US national median of $1,965/mo.

How does ZIP 83402 compare to other ZIPs in Idaho?

ZIP 83402 is among the more affordable ZIP codes in Idaho, ranking #34 out of 40 ZIPs at $1,283/mo.

How much income do you need to rent in ZIP 83402?

To keep rent at or below 30% of gross income, you would need to earn at least $51,000/year (~$25/hour full-time) to afford the median rent of $1,283/mo in ZIP 83402. The local median household income is $74,517/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 83402?

Rent in ZIP 83402 has decreased 1.1% over the past year as of July 20, 2026, offering some relief compared to 12 months ago.

Is ZIP 83402 an affordable place to rent?

ZIP 83402 is considered very affordable for renters. At $1,283/mo, rent takes approximately 21% of the local median household income ($74,517/yr). The standard benchmark is 30%. ZIP 83402 falls comfortably within that range.

What percentage of ZIP 83402 residents rent vs. own?

According to Census data, approximately 36.1% of ZIP 83402 households are renters, while 63.9% are owner-occupied. ZIP 83402 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 83402 compare to the rest of Idaho Falls?

ZIP 83402 is more affordable than Idaho Falls overall. At $1,283/mo, it's $100 below the Idaho Falls citywide median of $1,383/mo.

When was rent data for ZIP 83402 last updated?

Rent data for ZIP 83402 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
21%
VERY AFFORDABLE

At $1,283/mo, rent takes ~21% of ZIP 83402's median household income ($74,517/yr). The standard benchmark is 30%.

ZIP 83402 21%Benchmark 30%
State income tax5.8%
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Public schools near ZIP 83402 (Idaho Falls, ID)

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