Idaho · FIPS 16065 · HUD FY 2027
Madison County, Idaho Fair Market Rent
HUD’s FY 2027 Fair Market Rent for a 2-bedroom in Madison County is $1,159 a month (rent plus utilities), 15% below the Idaho average of $1,367 and 34% below the U.S. average of $1,761. That is up $54 (4.9%) from FY 2026. At 30% of income, a household needs about $46,360 a year to afford it.
- $1,1592-bedroom FMR+$54 (+4.9%) vs FY 2026
- $1,0651-bedroom FMRIdaho: $1,132 · U.S.: $1,478
- $46,360Income for a 2-bedroom$22/hour full-time
- 21 of 442BR rank in Idaho1 = highest rent
| Unit | Madison County FY 2027 | FY 2026 | Change | Idaho avg | U.S. avg | Income needed |
|---|---|---|---|---|---|---|
| Studio | $1,022 | $963 | +$59 (+6.1%) | $1,049 | $1,379 | $40,880 |
| 1 bedroom | $1,065 | $1,008 | +$57 (+5.7%) | $1,132 | $1,478 | $42,600 |
| 2 bedrooms | $1,159 | $1,105 | +$54 (+4.9%) | $1,367 | $1,761 | $46,360 |
| 3 bedrooms | $1,605 | $1,537 | +$68 (+4.4%) | $1,888 | $2,266 | $64,200 |
| 4 bedrooms | $1,895 | $1,797 | +$98 (+5.5%) | $2,279 | $2,607 | $75,800 |
How Madison County compares
- Madison County is a non-metro county, so HUD sets one Fair Market Rent for the whole county.
- Across Idaho, 2-bedroom FMRs run from $1,014 (Power County) to $1,673 (Blaine County).
- Studio to 4-bedroom: $1,022, $1,065, $1,159, $1,605, $1,895. HUD derives the other sizes from the 2-bedroom figure with fixed ratios, adjusted where local data warrant.
- HUD also publishes ZIP-level Small Area FMRs. For the 5 ZIP codes mostly in Madison County (by land area), the 2-bedroom figure ranges from $1,160 to $1,500.
Small Area FMRs by ZIP code in Madison County
| ZIP | Studio | 1BR | 2BR | 3BR | 4BR | 2BR vs FY 2026 | 2BR vs area FMR |
|---|---|---|---|---|---|---|---|
| 83436 | $1,230 | $1,230 | $1,390 | $1,860 | $2,320 | +$150 (+12.1%) | 20% above |
| 83440 | $1,020 | $1,070 | $1,160 | $1,610 | $1,900 | +$40 (+3.6%) | about the same as |
| 83448 | $1,320 | $1,380 | $1,500 | $2,080 | $2,450 | +$60 (+4.2%) | 29% above |
| 83451 | $1,150 | $1,200 | $1,310 | $1,820 | $2,150 | +$50 (+4.0%) | 13% above |
| 83460 | $1,020 | $1,070 | $1,160 | $1,610 | $1,900 | +$40 (+3.6%) | about the same as |
Sources
- U.S. Department of Housing and Urban Development, HUD User Fair Market Rents: FY 2027 FMRs (file dated August 26, 2026) and FY 2026 FMRs (file dated April 21, 2026).
- HUD User Small Area Fair Market Rents: FY 2027 SAFMRs (file dated August 31, 2026) and FY 2026 SAFMRs (file dated April 21, 2026).
- ZIP-to-county assignment: Census Bureau 2020 ZCTA-to-county relationship file (file dated December 9, 2021), largest land-area overlap.
Fair Market Rents are HUD’s estimate of gross rent (rent plus utilities) for a modest unit, set at the 40th percentile of recent-mover rents. FY 2027 is HUD’s fiscal year beginning October 1, 2026. Housing authorities set voucher payment standards from these figures; check yours.