FY2027 Small Area FMR · Bloomington, ID

ZIP 83223 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 83223 (Bloomington, ID) is $1,060 a month, up 9.3% from FY2026. That is 0% equal to the Bear Lake County, ID area-wide FMR of $1,057.

2-bedroom SAFMR$1,060per month ▲ 9.3%

Area-wide 2 BR FMR$1,057Bear Lake County, ID

Rank in the area3rdof 10 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$954

2 BR Small Area FMR$1,060

110% of SAFMR$1,166

Housing agencies may set voucher payment standards anywhere from 90% to 110% of the FMR without asking HUD.

Studio$800▲ 3.9%

1 BR$810▲ 5.2%

2 BR$1,060▲ 9.3%

3 BR$1,470▲ 8.9%

4 BR$1,770▲ 7.9%

FY2027 FY2026

Where 83223 sits in the Bear Lake County, ID area

Of the 10 ZIP codes HUD lists for the area, 83223 has the 3rd highest two-bedroom Small Area FMR. Bear Lake County, ID is not on HUD's list of mandatory Small Area FMR areas, so voucher payment standards here are normally based on the area-wide FMR of $1,057 for two bedrooms; an agency that opts in to Small Area FMRs would use $1,060 for this ZIP code instead.

All unit sizes

Monthly gross rent including utilities
Unit	FY2027 SAFMR	Payment standard range	Area-wide FMR	FY2026 SAFMR
Studio	$800	$720 – $880	$803	$770
1 bedroom	$810	$729 – $891	$808	$770
2 bedrooms	$1,060	$954 – $1,166	$1,057	$970
3 bedrooms	$1,470	$1,323 – $1,617	$1,464	$1,350
4 bedrooms	$1,770	$1,593 – $1,947	$1,767	$1,640

A household renting a two-bedroom home at the Small Area FMR of $1,060 needs about $42,400 a year to keep housing costs at 30% of income. The area median family income is $93,800 and the 80% low-income limit for four people is $75,050. ZIP code 83223 lies mainly in Bear Lake County. See the Bear Lake County, ID county page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
83261	Paris	2.5 mi	$1,060
83272	Saint Charles	5.4 mi	$1,060
83233	Dingle	9.4 mi	$1,040
83287	Fish Haven	9.9 mi	$1,050
83254	Montpelier	12.1 mi	$1,040
83220	Bern	13.3 mi	$1,040

Questions

What is the Fair Market Rent for ZIP code 83223?

HUD's FY2027 Small Area Fair Market Rents for 83223 are $800 (studio), $810 (1 BR), $1,060 (2 BR), $1,470 (3 BR) and $1,770 (4 BR) a month.

What is the Section 8 payment standard in 83223?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 83223 that range is $954 to $1,166 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 83223?

The FY2026 income limits of the Bear Lake County, ID area apply: median family income $93,800, low-income (80%) limit $75,050 for a family of four.