ZIP Code · ID

ZIP 83404

Part of Idaho Falls, ID

Pop. 27,500·Bonneville County·27th most expensive ZIP in Idaho

Median rent (all units)

$1,590/mo

Year-over-Year

+3.3%

Month-over-Month

Stable

vs US Median

-$342

Reported rents

Stable (Monthly)

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Most AffordableMost Expensive

ZIP 83404 · $1,590

More affordable than 66% of US ZIP codes · National median $1,932/mo

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Is your rent fair?

Compare your rent to the local median.

Medians by bedroom

Rent by unit size

Studio

$970

1 BR

$1,020

2 BR

$1,220

3 BR

$1,700

4 BR+

$2,050

Research median

$1,220/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

Past year vs. the rest of Idaho

Rent in ZIP 83404 changed +3.2% 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 4 months in a row, and rose in 7 of the last 12 months.

What a typical income covers

30% of the median household income ($82,103) is $2,053 a month. That covers HUD's Fair Market Rent for up to a 4-bedroom ($2,050).

Rank in Idaho Falls

3rd cheapest of 3 ZIP codes in Idaho Falls.

Cheaper nearby

ZIP 83274, 7 miles away, rents for 40% less ($953/mo), about $7,600 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 83404. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost

$19,080/yr

At $1,590/mo median

Location

CityIdaho Falls

StateID

CountyBonneville County

Rent Market Meter

Landlord's Market

Renter's MarketBalancedLandlord's Market

Rents are climbing (3.3% YoY), so leverage tilts toward landlords. Act sooner rather than later.

Based on rent-price momentum (+3.3% YoY, +0.1% MoM), not inventory.

Demographics

Who lives here

ZIP 83404 (Idaho Falls, ID) is majority owner-occupied, has a large share of families with children, 37.1% of residents hold a bachelor's degree or higher.

Population

27,500

Median income

$82,103

Median age

36.7

Renters

25.7%

Age distribution

29.5%

17.6%

24.6%

17.3%

Under 1829.5%

18–3417.6%

35–5424.6%

55–6411.1%

65+17.3%

Gender

50.8%

49.2%

Male50.8%

Female49.2%

Race & ethnicity

87.1%

14.1%

White87.1%

Hispanic14.1%

Asian1.5%

Education (25+)

22.1%

32.5%

37.1%

No HS diploma8.3%

HS diploma22.1%

Some college32.5%

Bachelor's+37.1%

Housing tenure

74.3%

25.7%

Owner74.3%

Renter25.7%

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

2021 vs 2026

How ZIP 83404 in Idaho Falls, ID has changed in 5 years

Income

$70,639 → $82,103

up 16.2%

Population

25,349 → 27,500

up 8.5%

Renter share

25.1% → 25.7%

+0.6 pts

Bachelor's+

36.1% → 37.1%

+1.0 pts

On the earnings side, the typical household in ZIP 83404 in Idaho Falls, ID now reports about $82,103, up from $70,639 in 2021. Census counts show ZIP 83404 in Idaho Falls, ID adding about 2,151 residents over the five-year window, up 8.5% on net.

Community

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Local insights

Tips for renters in ZIP 83404

About renting in ZIP 83404

Last updated: October 17, 2026

ZIP code 83404 covers Idaho Falls, ID. The median rent here is $1,590/mo as of October 2026. A 1-bedroom rents for a median of $1,020/mo. A 2-bedroom rents for a median of $1,220/mo.

At 23% of local median household income ($82,103/yr), ZIP 83404 ranks as affordable compared to the national benchmark of 30%. Rents have increased 3.3% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 83404?

To keep rent at or below 30% of gross income, you would need to earn at least $64,000/year (about $31/hour full-time) to afford the median rent of $1,590/mo in ZIP 83404. The local median household income is $82,103/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 83404?

Rent in ZIP 83404 has risen 3.3% over the past year.

How does ZIP 83404 compare to other ZIPs in Idaho?

ZIP 83404 is one of the more affordable among Idaho ZIP codes for rent, ranking #27 of 39 at $1,590/mo. Over the year to September 2026, rent in ZIP 83404 changed +3.2%, against a typical +6.0% across the 34 Idaho ZIP codes Zillow tracks.