ZIP Code · ID

ZIP 83406

Part of Ammon, ID

Pop. 19,696·Bonneville County·24th most expensive ZIP in Idaho

Median rent (all units)

$1,662/mo

Year-over-Year

+4.6%

Month-over-Month

+0.8%

vs US Median

-$270

Reported rents

Rising (Monthly)

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Most AffordableMost Expensive

ZIP 83406 · $1,662

More affordable than 61% of US ZIP codes · National median $1,932/mo

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Medians by bedroom

Rent by unit size

Studio

$1,190

1 BR

$1,260

2 BR

$1,500

3 BR

$2,090

4 BR+

$2,520

Research median

$1,500/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

Compared with the peak

Rent in ZIP 83406 is at its highest level since Zillow's records here began in December 2022.

Past year vs. the rest of Idaho

Rent in ZIP 83406 changed +4.6% 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 3 months in a row, and rose in 8 of the last 12 months.

What a typical income covers

30% of the median household income ($86,991) is $2,175 a month. That covers HUD's Fair Market Rent for up to a 3-bedroom ($2,090); a 4-bedroom is $2,520.

Cheaper nearby

ZIP 83401, 8 miles away, rents for 14% less ($1,422/mo), about $2,900 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 83406. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost

$19,944/yr

At $1,662/mo median

Location

CityAmmon

StateID

CountyBonneville County

Rent Market Meter

Strong Landlord's Market

Renter's MarketBalancedLandlord's Market

Rents are up 4.6% year-over-year. Expect competition, and move quickly to lock in terms.

Based on rent-price momentum (+4.6% YoY, +0.8% MoM), not inventory.

Demographics

Who lives here

ZIP 83406 (Ammon, ID) is majority owner-occupied, has a large share of families with children, 39.8% of residents hold a bachelor's degree or higher.

Population

19,696

Median income

$86,991

Median age

35.6

Renters

30.5%

Age distribution

28.4%

21%

27%

14.3%

Under 1828.4%

18–3421%

35–5427%

55–649.4%

65+14.3%

Gender

48.5%

51.5%

Male48.5%

Female51.5%

Race & ethnicity

86.7%

White86.7%

Hispanic11.6%

Asian1.5%

Education (25+)

18.6%

37.3%

39.8%

No HS diploma4.3%

HS diploma18.6%

Some college37.3%

Bachelor's+39.8%

Housing tenure

69.5%

30.5%

Owner69.5%

Renter30.5%

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

2023 vs 2026

How ZIP 83406 in Ammon, ID has changed in 5 years

Rent

$1,549 → $1,662

up 7.3%

Income

$72,696 → $86,991

up 19.7%

Population

19,297 → 19,696

up 2.1%

Renter share

25.8% → 30.5%

+4.7 pts

Bachelor's+

37.3% → 39.8%

+2.5 pts

Median age

34.4 → 35.6

+1.2 yrs

Since 2023, the typical rent in ZIP 83406 in Ammon, ID has climbed from $1,549 to $1,662, a 7.3% change over five years. Household income in the area moved from $72,696 to $86,991 across the same window, up 19.7% versus 2021. On paper, paychecks moved up faster than rent, which softens the affordability squeeze versus the 2021 baseline. The population has grown by 2.1% since 2021, moving from about 19,297 residents to roughly 19,696. Renters now make up 30.5% of households, compared with 25.8% five years ago. College-educated residents now make up 39.8% of adults here, versus 37.3% in 2021. Reading these numbers side by side helps frame whether current listings in ZIP 83406 in Ammon, ID look reasonable against where the market sat half a decade ago.

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About renting in ZIP 83406

Last updated: October 17, 2026

ZIP code 83406 covers Ammon, ID. The median rent here is $1,662/mo as of October 2026. A 1-bedroom rents for a median of $1,260/mo. A 2-bedroom rents for a median of $1,500/mo.

At 23% of local median household income ($86,991/yr), ZIP 83406 ranks as affordable compared to the national benchmark of 30%. Rents have increased 4.6% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 83406?

To keep rent at or below 30% of gross income, you would need to earn at least $66,000/year (about $32/hour full-time) to afford the median rent of $1,662/mo in ZIP 83406. The local median household income is $86,991/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 83406?

Rent in ZIP 83406 has risen 4.6% over the past year as of September 2026. That is the highest level since Zillow's records here began in December 2022.

How does ZIP 83406 compare to other ZIPs in Idaho?

ZIP 83406 is in the middle among Idaho ZIP codes for rent, ranking #24 of 39 at $1,662/mo. Over the year to September 2026, rent in ZIP 83406 changed +4.6%, against a typical +6.0% across the 34 Idaho ZIP codes Zillow tracks.