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Updated over 5 years ago on . Most recent reply

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Eric Young
  • Blackfoot, ID
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Single Family Rentals in Blackfoot

Eric Young
  • Blackfoot, ID
Posted

I am looking at buying my first home within the next few months.  I would like this property to eventually become an investment/rental property when I move out.  The thing that I am unsure about it the rental market in a small town like Blackfoot.  Looking on rentometer or other rental sites, I only see rent prices for apartments or small/old single family homes renting for ~$700.  Is there a market for bigger/nicer homes in small towns?  If I had a larger home renting for $1200-1400, would anybody rent a home like that?  I'm curious if anyone has delved into a market like this in Idaho.

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Craig Jeppesen
  • Rental Property Investor
  • Chubbuck, ID
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Craig Jeppesen
  • Rental Property Investor
  • Chubbuck, ID
Replied

There is a market for 4 or 5 bed 2 baths due to larger families in east Idaho. overall income is lower in BFT so I would stay closer to $1,000 to $1,200.

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