ZIP Code · ID

ZIP 83607

Part of Caldwell, ID

Pop. 35,491·Canyon County·8th most expensive ZIP in Idaho

Median rent (all units)

$2,054/mo

Year-over-Year

+2.7%

Month-over-Month

+0.4%

vs US Median

+$122

Reported rents

Stable (Monthly)

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Most AffordableMost Expensive

ZIP 83607 · $2,054

More expensive than 64% 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

$1,230

1 BR

$1,440

2 BR

$1,710

3 BR

$2,380

4 BR+

$2,860

Research median

$1,710/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 83607 changed +2.7% 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 5 months in a row, and rose in 8 of the last 12 months.

What a typical income covers

30% of the median household income ($85,399) is $2,135 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($1,710); a 3-bedroom is $2,380.

Cheaper nearby

ZIP 83605, 6 miles away, rents for 26% less ($1,510/mo), about $6,500 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 83607. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost

$24,648/yr

At $2,054/mo median

Location

CityCaldwell

StateID

CountyCanyon County

Rent Market Meter

Landlord's Market

Renter's MarketBalancedLandlord's Market

Rents are climbing (2.7% YoY), so leverage tilts toward landlords. Act sooner rather than later.

Based on rent-price momentum (+2.7% YoY, +0.4% MoM), not inventory.

Demographics

Who lives here

ZIP 83607 (Caldwell, ID) is majority owner-occupied, has a large share of families with children, 24.4% of residents hold a bachelor's degree or higher.

Population

35,491

Median income

$85,399

Median age

35.4

Renters

17.7%

Age distribution

29.1%

20.4%

24.9%

14.7%

Under 1829.1%

18–3420.4%

35–5424.9%

55–6411%

65+14.7%

Gender

49.6%

50.4%

Male49.6%

Female50.4%

Race & ethnicity

74.6%

24.7%

White74.6%

Hispanic24.7%

Asian1.7%

Education (25+)

12.2%

29.1%

34.3%

24.4%

No HS diploma12.2%

HS diploma29.1%

Some college34.3%

Bachelor's+24.4%

Housing tenure

82.3%

17.7%

Owner82.3%

Renter17.7%

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

2021 vs 2026

How ZIP 83607 in Caldwell, ID has changed in 5 years

Income

$67,449 → $85,399

up 26.6%

Population

34,024 → 35,491

up 4.3%

Renter share

21.4% → 17.7%

-3.7 pts

Bachelor's+

18.5% → 24.4%

+5.9 pts

Median age

34.3 → 35.4

+1.1 yrs

Census figures show median household income at $85,399 today, compared with $67,449 five years earlier. Headcount in the area went from 34,024 to 35,491 between 2021 and 2024, a 4.3% change. About 17.7% of households rent today, against 21.4% in 2021. Educational attainment has shifted as well, with the share of adults holding a bachelor's degree or higher climbed from 18.5% to 24.4%.

Community

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Local insights

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About renting in ZIP 83607

Last updated: October 17, 2026

ZIP code 83607 covers Caldwell, ID. The median rent here is $2,054/mo as of October 2026. A 1-bedroom rents for a median of $1,440/mo. A 2-bedroom rents for a median of $1,710/mo.

At 29% of local median household income ($85,399/yr), ZIP 83607 ranks as affordable compared to the national benchmark of 30%. Rents have increased 2.7% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 83607?

To keep rent at or below 30% of gross income, you would need to earn at least $82,000/year (about $39/hour full-time) to afford the median rent of $2,054/mo in ZIP 83607. The local median household income is $85,399/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 83607?

Rent in ZIP 83607 has risen 2.7% over the past year.

How does ZIP 83607 compare to other ZIPs in Idaho?

ZIP 83607 is one of the pricier among Idaho ZIP codes for rent, ranking #8 of 39 at $2,054/mo. Over the year to September 2026, rent in ZIP 83607 changed +2.7%, against a typical +6.0% across the 34 Idaho ZIP codes Zillow tracks.