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HUD Fair Market Rent · FY 2027 · Effective Oct 1, 2026 to Sep 30, 2027

Fair Market Rent in Bonneville County, Idaho (FY 2027)

$1,274 a month. That's HUD's FY 2027 Fair Market Rent for a two-bedroom in Bonneville County, and it's the baseline every voucher in Bonneville is measured against.

Two-bedroom FMR

$1,274

-2.4% from FY 2026

Payment standard

$1,147–$1,401

90% to 110% of the FMR, two-bedroom

Income to afford

$50,960

a year, with rent at 30% of income

Rank in Idaho

11th of 44

by two-bedroom FMR, highest first

FY 2027 Fair Market Rents

Payment standard is the 90% to 110% band a housing authority can set. Income needed puts rent at 30% of gross income, and the hourly wage assumes a 40-hour week.

BedroomsFMRPayment standardIncome neededHourly wagevs FY 2026
Studio$1,013$912–$1,114$40,520$19.48/hr-2.0%
1 bedroom$1,064$958–$1,170$42,560$20.46/hr-2.8%
2 bedroom$1,274$1,147–$1,401$50,960$24.50/hr-2.4%
3 bedroom$1,764$1,588–$1,940$70,560$33.92/hr-2.8%
4 bedroom$2,129$1,916–$2,342$85,160$40.94/hr-2.7%
Five to eight bedrooms (PropMetrics estimates)

HUD stops at four bedrooms. These add 15% of the four-bedroom rent per extra bedroom. It's our estimate, not a HUD number.

BedroomsEstimated FMRPayment standard
5 bedroom Estimate$2,448$2,203–$2,693
6 bedroom Estimate$2,768$2,491–$3,045
7 bedroom Estimate$3,087$2,778–$3,396
8 bedroom Estimate$3,406$3,065–$3,747

Source: HUD Office of Policy Development and Research, FY 2027 Fair Market Rents. Rents include utilities. huduser.gov

Market check

HUD's number is one input. What does a two-bedroom in Bonneville actually rent for?

Search any address in Bonneville for a rent estimate built from nearby comps, with the HUD figure right next to it.

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What a voucher pays here

The voucher doesn't pay the FMR itself. It pays the payment standard. Housing authorities set it anywhere from 90% to 110% of FMR, which puts a two-bedroom standard in Bonneville somewhere between $1,147 and $1,401. The tenant pays roughly 30% of their income, the voucher covers the rest up to the standard, and the PHA won't approve a rent above what comparable unassisted units get.

$1,274 a month is affordable, by HUD's 30% rule, on an income of roughly $50,960 a year. Put another way, $25 an hour full time.

Worked example for a two-bedroom renting at the payment standard. The tenant pays 30% of monthly income and the voucher covers the rest.

Monthly household incomeTenant pays (30%)Voucher pays at 90%$1,147Voucher pays at 100%$1,274Voucher pays at 110%$1,401
$2,500$750$397$524$651
$4,000$1,200$0$74$201
Run your own numbers in the Section 8 rent calculator

Rate history

The two-bedroom rate went down 2% from FY 2026 ($1,305) to FY 2027 ($1,274). Since FY 2020 it's up 61% in total, about 7.0% a year. The Idaho median moved up 2% over the same year.

Fiscal yearStudio1 BR2 BR3 BR4 BR2BR change
FY 2020$522$645$792$1,143$1,364—
FY 2021$538$670$815$1,166$1,411+2.9%
FY 2022$575$704$865$1,229$1,481+6.1%
FY 2023$670$796$979$1,391$1,668+13.2%
FY 2024$803$903$1,098$1,546$1,863+12.2%
FY 2025$1,035$1,087$1,311$1,837$2,202+19.4%
FY 2026$1,034$1,095$1,305$1,815$2,189-0.5%
FY 2027In effect$1,013$1,064$1,274$1,764$2,129-2.4%

Get FY 2028 Bonneville County rates the day HUD publishes them

HUD updates Fair Market Rents every fall. One email a year, no newsletter.

About this rate

Fair Market Rent is HUD's estimate of what a modest, decent unit rents for in an area, utilities included. It's set once a year and runs October to September. For FY 2027 that's October 1, 2026 through September 30, 2027. In Bonneville, that runs from $1,013 for a studio up to $2,129 for four bedrooms, all five rates in the table above.

This is a metro rate. The county doesn't get one of its own. HUD lumps Bonneville in with one other county in the Idaho Falls metro, Jefferson County among them, and every one of them gets $1,274 for a two-bedroom. Where you are inside the metro doesn't change the county number. It does change the ZIP number, covered below.

Among Idaho's 44 counties, Bonneville ranks 11th for two-bedroom FMR. That's about 13% above the state median of $1,127 and about 20% above the national median county at $1,063. About 129,523 people live here, 4th in the state.

Rates by ZIP code

Zoom in and the picture changes. HUD's Small Area FMRs put a two-bedroom at $1,180 in 83402 (Idaho Falls) and $1,540 in 83427 (Iona), with the 10 ZIP codes in between. Housing authorities in HUD-designated metros use those ZIP rates instead of the county rate. Everywhere else the ZIP numbers show where rents actually sit, and the county rate stays the official standard.

ZIPCity2BR ratevs county
83401Idaho Falls$1,290+1.3%
83402Idaho Falls$1,180-7.4%
83403Idaho Falls$1,260-1.1%
83404Idaho Falls$1,190-6.6%
83405Idaho Falls$1,260-1.1%
83406Idaho Falls$1,490+17.0%
83415Idaho Falls$1,274County rate—
83427Iona$1,540+20.9%
83428Irwin$1,360+6.8%
83449Swan Valley$1,310+2.8%
83454Ucon$1,290+1.3%

Counties sharing the Idaho Falls metro rate

HUD sets one rate for the whole metro, so every county here carries the same $1,274 two-bedroom figure as Bonneville.

Nearby counties

Two-bedroom FMR, with how each compares to Bonneville.

Questions people ask

$1,274 a month for FY 2027, which runs October 1, 2026 through September 30, 2027. The other rates are $1,013 for a studio, $1,064 for one bedroom, $1,764 for three and $2,129 for four.

Tools for this county

What does a rental in Bonneville actually go for?

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