How much is a home worth in ZIP code 83401?

The typical home in 83401 is worth $404,862, based on the Zillow Home Value Index.

Are home values rising in 83401?

Home values in 83401 are up 0.1% over the past year, and up 3.8% a year over five years.

What is the typical rent in 83401?

A typical home in 83401 rents for about $1,412 a month, a gross rental yield of 4.2%.

What is the property tax rate in 83401?

The effective property tax rate in 83401 is 0.5% — roughly $2,113 a year on a typical home.

ZIP code 83401 has a population of 47,972 and a median household income of $78,497.

HousingHandbookReference data

…

U.S. ZIP Code · ID83401

Bonneville County · Idaho Falls, ID

Typical home value

$404,862^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: +0.1%
5-year / yr: +3.8%
10-year / yr: +8.8%

Relative price

vs U.S.: +42.5%
vs metro: ≈ metro median
vs state: -6.6%

Price history

Zillow Home Value Index — monthly, smoothed and seasonally adjusted.

The typical home in 83401 is worth $404,862. Over the past year, values have risen 0.1%. Homes here rent for a typical $1,412 a month — a 4.2% gross rental yield. The effective property tax rate is 0.5%.

#Rent & investment

Typical asking rent, and the returns it implies at the current home value.

Monthly rent: $1,412^[2]
Gross yield: 4.2%^[2]
Cap rate: 2.5%^[2]

#Property tax

Effective rate — total real estate taxes paid relative to total home value.

Effective tax rate: 0.5%^[3]
Typical annual tax: $2,113^[3]

#Climate risk

FEMA National Risk Index ratings for Bonneville County. "Not Applicable" means the hazard does not threaten the county.

Overall risk: Relatively Moderate^[4]
Riverine flood: Relatively Moderate
Coastal flood: Not Applicable
Wildfire: Relatively Moderate
Drought: Very Low
Heat wave: Relatively Moderate
Hurricane: Not Applicable
Tornado: Very Low
Earthquake: Relatively Moderate
Winter weather: Relatively Moderate

#Who lives here

Population: 47,972^[3]
Median household income: $78,497^[3]

#Migration

Household moves in and out of Bonneville County over a year, from IRS tax-return data.

Net migration: +375^[5]
Moved in: 3,703
Moved out: 3,328

Schools

Open public schools in this ZIP, from the NCES Common Core of Data.

Public schools: 26
Elementary: 11
Middle: 2
High: 9

THUNDER RIDGE HIGH SCHOOL
High · Grades 9–12 · BONNEVILLE JOINT DISTRICT
1,731 students
IDAHO FALLS SENIOR HIGH SCHOOL
High · Grades 9–12 · IDAHO FALLS DISTRICT
1,269 students
BONNEVILLE HIGH SCHOOL
High · Grades 9–12 · BONNEVILLE JOINT DISTRICT
1,152 students
BLACK CANYON MIDDLE SCHOOL
Middle · Grades 7–8 · BONNEVILLE JOINT DISTRICT
834 students
DISCOVERY ELEMENTARY SCHOOL
Elementary · Grades PK–6 · BONNEVILLE JOINT DISTRICT
624 students

Run the numbers

Interactive calculators pre-filled with this ZIP's typical home value, rent, and property-tax rate. Edit any field to recompute.

Home value$Monthly rent$

Gross yield4.2%

Net yield (after ~40% expenses)2.5%

Annual rent$16,948

Gross and net yield are estimates based on the inputs and the selected expense ratio. Actual income and expenses will vary by property and market. Not investment advice.

Home price$Down payment%Interest rate%Loan termyears

Monthly payment$2,047

Loan principal$323,889

Down payment$80,972

Total interest paid$413,103

Estimated monthly payments include principal and interest only. Actual costs will include property tax, insurance, possibly PMI, and HOA fees not modeled here. Loan terms shown are estimates; consult a licensed lender for current rates and qualification.

Home price$Monthly rent$Down payment%Mortgage rate%Property tax rate% / yrMaintenance% / yrRule of thumb: 1% of home value per year.

Own : rent ratio1.81

Monthly cost to own$2,560

Monthly rent$1,412

Renting is meaningfully cheaper month-to-month.

This calculator projects multi-year scenarios based on assumptions about appreciation, rent growth, and investment returns — none of which are guaranteed. Actual outcomes depend on variables this tool cannot know. Not financial or real estate advice.

#Metro ranking

Where this ZIP sits among others in its metro area.

Appreciation: 50th percentile^[1]
Rental yield: 50th percentile^[2]
Property tax: 79th percentile^[3]

Rankings

Top-10 lists this ZIP code appears on.

8th for most populous in IDView list →

Frequently asked

How much is a home worth in ZIP code 83401?: The typical home in 83401 is worth $404,862, based on the Zillow Home Value Index.
Are home values rising in 83401?: Home values in 83401 are up 0.1% over the past year, and up 3.8% a year over five years.
What is the typical rent in 83401?: A typical home in 83401 rents for about $1,412 a month, a gross rental yield of 4.2%.
What is the property tax rate in 83401?: The effective property tax rate in 83401 is 0.5% — roughly $2,113 a year on a typical home.
Who lives in 83401?: ZIP code 83401 has a population of 47,972 and a median household income of $78,497.

#Comparable ZIPs

Same metro, nearest typical home value. Each card shows the comparable ZIP's headline numbers so you can scan at a glance.

83431 vs 83401 →
Lewisville, ID
Typical home
$401,794
Gross yield
—
83428 vs 83401 →
Irwin, ID
Typical home
$400,404
Gross yield
—
83450
Mud Lake, ID
Typical home
$398,234
Gross yield
—
83444
Roberts, ID
Typical home
$412,398
Gross yield
—
83404
Idaho Falls, ID
Typical home
$414,935
Gross yield
4.1%
83434
Menan, ID
Typical home
$428,485
Gross yield
—

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#Jump to section

U.S. ZIP Code · ID83401

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