FY2027 Small Area FMR · Caldwell, ID

ZIP 83605 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 83605 (Caldwell, ID) is $1,500 a month, down 9.6% from FY2026. That is 3% below the Boise City, ID area-wide FMR of $1,540.

2-bedroom SAFMR$1,500per month ▼ 9.6%

Area-wide 2 BR FMR$1,540Boise City, ID

Rank in the area26thof 57 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$1,350

2 BR Small Area FMR$1,500

110% of SAFMR$1,650

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

Studio$1,060▼ 9.4%

1 BR$1,260▼ 9.4%

2 BR$1,500▼ 9.6%

3 BR$2,090▼ 9.9%

4 BR$2,510▼ 9.7%

FY2027 FY2026

Where 83605 sits in the Boise City, ID area

Of the 57 ZIP codes HUD lists for the area, 83605 has the 26th highest two-bedroom Small Area FMR. Boise City, 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 $1,540 for two bedrooms; an agency that opts in to Small Area FMRs would use $1,500 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	$1,060	$954 – $1,166	$1,152	$1,170
1 bedroom	$1,260	$1,134 – $1,386	$1,295	$1,390
2 bedrooms	$1,500	$1,350 – $1,650	$1,540	$1,660
3 bedrooms	$2,090	$1,881 – $2,299	$2,132	$2,320
4 bedrooms	$2,510	$2,259 – $2,761	$2,574	$2,780

A household renting a two-bedroom home at the Small Area FMR of $1,500 needs about $60,000 a year to keep housing costs at 30% of income. The area median family income is $110,700 and the 80% low-income limit for four people is $88,550. ZIP code 83605 lies mainly in Canyon County. See the Boise City, ID metro page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
83651	Nampa	5.3 mi	$1,500
83607	Caldwell	5.9 mi	$1,630
83687	Nampa	7.2 mi	$1,520
83644	Middleton	7.3 mi	$1,500
83656	Notus	8.5 mi	$1,500
83626	Greenleaf	8.9 mi	$1,620

Questions

What is the Fair Market Rent for ZIP code 83605?

HUD's FY2027 Small Area Fair Market Rents for 83605 are $1,060 (studio), $1,260 (1 BR), $1,500 (2 BR), $2,090 (3 BR) and $2,510 (4 BR) a month.

What is the Section 8 payment standard in 83605?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 83605 that range is $1,350 to $1,650 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 83605?

The FY2026 income limits of the Boise City, ID area apply: median family income $110,700, low-income (80%) limit $88,550 for a family of four.