ZIP Code · ID

ZIP 83647

Part of Mountain Home, ID

Pop. 22,952·Elmore County·29th most expensive ZIP in Idaho

Median rent (all units)

$1,555/mo

Year-over-Year

+6.4%

Month-over-Month

+0.4%

vs US Median

-$377

Reported rents

Stable (Monthly)

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Most AffordableMost Expensive

ZIP 83647 · $1,555

More affordable than 69% of US ZIP codes · National median $1,932/mo

Rent check

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Compare your rent to the local median.

Medians by bedroom

Rent by unit size

Studio

$1,170

1 BR

$1,390

2 BR

$1,660

3 BR

$2,320

4 BR+

$2,780

Research median

$1,660/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 83647 changed +6.4% 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 4 months in a row, and rose in 10 of the last 12 months.

What a typical income covers

30% of the median household income ($63,760) is $1,594 a month. That covers HUD's Fair Market Rent for up to a 1-bedroom ($1,390); a 2-bedroom is $1,660.

From Zillow's monthly rent index (ZORI) for ZIP 83647. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost

$18,660/yr

At $1,555/mo median

Location

CityMountain Home

StateID

CountyElmore County

Rent Market Meter

Strong Landlord's Market

Renter's MarketBalancedLandlord's Market

Rents are up 6.4% year-over-year. Expect competition, and move quickly to lock in terms.

Based on rent-price momentum (+6.4% YoY, +0.4% MoM), not inventory.

Demographics

Who lives here

ZIP 83647 (Mountain Home, ID) is majority owner-occupied, has a median income below the national average, 22.1% of residents hold a bachelor's degree or higher.

Population

22,952

Median income

$63,760

Median age

34.9

Renters

28.5%

Age distribution

24.8%

25.4%

22%

16%

Under 1824.8%

18–3425.4%

35–5422%

55–6411.8%

65+16%

Gender

52.8%

47.2%

Male52.8%

Female47.2%

Race & ethnicity

73.4%

17.7%

White73.4%

Black2.3%

Hispanic17.7%

Asian2.7%

Other3.9%

Education (25+)

12.4%

32.2%

33.3%

22.1%

No HS diploma12.4%

HS diploma32.2%

Some college33.3%

Bachelor's+22.1%

Housing tenure

71.5%

28.5%

Owner71.5%

Renter28.5%

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

2021 vs 2026

How ZIP 83647 in Mountain Home, ID has changed in 5 years

Income

$47,836 → $63,760

up 33.3%

Population

22,508 → 22,952

up 2.0%

Renter share

32.4% → 28.5%

-3.9 pts

Bachelor's+

19% → 22.1%

+3.1 pts

Median age

34.2 → 34.9

+0.7 yrs

Local incomes tracked alongside that move, going from a median of $47,836 in 2021 to $63,760 more recently. Headcount in the area went from 22,508 to 22,952 between 2021 and 2024, a 2.0% change. About 28.5% of households rent today, against 32.4% in 2021. Educational attainment has shifted as well, with the share of adults holding a bachelor's degree or higher climbed from 19% to 22.1%.

Community

Discussions about ZIP 83647

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Local insights

Tips for renters in ZIP 83647

About renting in ZIP 83647

Last updated: October 17, 2026

ZIP code 83647 covers Mountain Home, ID. The median rent here is $1,555/mo as of October 2026. A 1-bedroom rents for a median of $1,390/mo. A 2-bedroom rents for a median of $1,660/mo.

At 29% of local median household income ($63,760/yr), ZIP 83647 ranks as affordable compared to the national benchmark of 30%. Rents have increased 6.4% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 83647?

To keep rent at or below 30% of gross income, you would need to earn at least $62,000/year (about $30/hour full-time) to afford the median rent of $1,555/mo in ZIP 83647. The local median household income is $63,760/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 83647?

Rent in ZIP 83647 has risen 6.4% over the past year.

How does ZIP 83647 compare to other ZIPs in Idaho?

ZIP 83647 is one of the more affordable among Idaho ZIP codes for rent, ranking #29 of 39 at $1,555/mo. Over the year to September 2026, rent in ZIP 83647 changed +6.4%, against a typical +6.0% across the 34 Idaho ZIP codes Zillow tracks.