Rental numbers for Canyon County, ID
The typical home here runs -$1,436 a month at 7.78% with 25% down. 0 of 6 ZIP codes with full Zillow data in this county are cash-flow positive; the median gross yield is 4.8%.
- Gross yield
- 4.8%
- typical home, Zillow
- Median ZIP yield
- 4.8%
- 6 ZIPs with full data
- Cash flow
- -$1,436/mo
- at 7.78%, 25% down
- Typical price
- $417,000
- Zillow ZHVI, Aug 2026
- Typical rent
- $1,659/mo
- Zillow ZORI, Aug 2026
ZIP codes in Canyon County
11 with published figures
| 83656Notus | $348,000 | $1,660* | 5.7% | 3.0% | -$995 | n/a |
| 83644Middleton | $504,000 | $2,269 | 5.4% | 2.9% | -$1,476 | n/a |
| 83607Caldwell | $453,000 | $2,023 | 5.4% | 2.9% | -$1,348 | +3.3% |
| 83626Greenleaf | $431,000 | $1,790* | 5.0% | 2.6% | -$1,402 | n/a |
| 83605Caldwell | $373,000 | $1,512 | 4.9% | 2.4% | -$1,278 | +4.7% |
| 83651Nampa | $378,000 | $1,517 | 4.8% | 2.3% | -$1,305 | +4.9% |
| 83687Nampa | $431,000 | $1,702 | 4.7% | 2.3% | -$1,503 | +5.8% |
| 83686Nampa | $432,000 | $1,663 | 4.6% | 2.2% | -$1,536 | +4.9% |
| 83660Parma | $512,000 | $1,660* | 3.9% | 1.6% | -$2,059 | n/a |
| 83676Wilder | $553,000 | $1,660* | 3.6% | 1.4% | -$2,353 | n/a |
| 83641Melba | $673,000 | $1,660* | 3.0% | 0.9% | -$3,104 | n/a |
* HUD Fair Market Rent, 2 bedroom, where Zillow publishes no rent index. Conservative.
Trends
Five years to August 2026
- Price, 12 months
- +1.4%
- Rent, 12 months
- +4.8%
- Rent minus price growth
- +3.4 pts
- Property tax
- 0.52%
- effective rate, ACS 2024
Show the numbers
| Month | Typical value | Rent |
|---|---|---|
| Aug 2021 | $421,339 | $1,380 |
| Aug 2022 | $457,765 | $1,508 |
| Aug 2023 | $403,459 | $1,511 |
| Aug 2024 | $415,088 | $1,533 |
| Aug 2025 | $410,832 | $1,583 |
| Aug 2026 | $416,719 | $1,659 |
HUD Fair Market Rent
FY2027, Boise City, ID HUD Metro FMR Area
| Bedrooms | Studio | 1 bed | 2 bed | 3 bed | 4 bed |
|---|---|---|---|---|---|
| Fair Market Rent | $1,152 | $1,295 | $1,540 | $2,132 | $2,574 |
The 40th percentile gross rent for a standard unit, set by HUD each October and used for Section 8 payment standards. It runs below market rent; Zillow's index is shown above where it exists.
Supply
- Permits per 1,000 households
- 42.4
- 3,651 units, last 12 months
- National percentile
- 99th
- among US counties
Tools
Test a listing in Canyon County against today's rate.
Open the calculatorPart of the Boise City, ID metro.
Questions
- Is Canyon County good for rental property?
- The typical home here runs -$1,436 a month at 7.78% with 25% down. 0 of 6 ZIP codes with full Zillow data in this county are cash-flow positive; the median gross yield is 4.8%. The figures use a typical home, 7.78% with 25% down and default costs shown on each ZIP page. They describe the market, not any one property.
- What is the property tax rate in Canyon County?
- About 0.52% of value, from Census ACS median taxes paid over median home value. On a $417,000 home that is about $2,150 a year.
- What is Fair Market Rent in Canyon County?
- HUD's FY2027 Fair Market Rent here is $1,295 for a 1-bedroom, $1,540 for a 2-bedroom and $2,132 for a 3-bedroom. Typical cash flow at today's rate is -$1,436 a month.
Sources and method
- Zillow Home Value Index (ZHVI), mid tier, smoothed and seasonally adjusted
Zillow Research. Read: 2026-08.
Typical home value by ZIP, county, metro and state, and the price trend.
- Zillow Observed Rent Index (ZORI), all homes plus multifamily, smoothed
Zillow Research. Read: 2026-08.
Typical market rent by ZIP, county and metro, and the rent trend (tier A pages).
- HUD Small Area Fair Market Rents, FY2026
US Department of Housing and Urban Development. Read: FY2026.
Rent by bedroom count for every ZIP. The rent used on tier B pages, and a reference on all pages. It is the 40th percentile gross rent, so it runs below market.
- HUD Fair Market Rents by county, FY2027
US Department of Housing and Urban Development. Read: FY2027.
County rent by bedroom count on county pages.
- American Community Survey 5-year estimates, 2020 to 2024 (B25103 median real estate taxes paid, B25077 median home value, B11001 households)
US Census Bureau. Read: 2020 to 2024.
Effective property tax rate (median taxes paid divided by median value) by ZIP code tabulation area, county and state; households for the permits ratio.
- Freddie Mac Primary Mortgage Market Survey, 30-year fixed (FRED series MORTGAGE30US)
Freddie Mac via the Federal Reserve Bank of St. Louis. Read: 2026-09-24.
The weekly 30-year rate. The site adds a disclosed investor premium to it for the loan payment.
- Building Permits Survey, county monthly files
US Census Bureau. Read: 2025-09 to 2026-08.
New housing units permitted in the last 12 months per 1,000 households, a supply-pressure signal.
Data: Zillow Research (ZHVI, ZORI), HUD, US Census Bureau, Freddie Mac. Every formula is on the methodology page.
Estimates from public data for a typical property. Not investment, tax or legal advice. Your property, financing and costs will differ.