83647
Mountain Home, Idaho.
Mountain Home, Elmore County, ID · Mountain Home, ID metro · population 22,952
to buy the typical home at today's mortgage rate — +$1,138 (+154%) since Jan 2020.
- 1 year
- Up $6,633 +2%
- $351,189$357,822 since Sep 2025
- 5 years
- Up $42,480 +13%
- $315,342$357,822 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- 83647$1,878
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 27 years.
Typical home values in zip 83647 rose 1.9% over the past year — faster than the nation's +1.2%.
Asking rents in zip 83647 rose 6.0% over the past year — faster than the nation's +2.7%.
Owning the typical home in zip 83647 runs $865/mo more than renting one. The gap peaked at $964 in Feb 2025.
That is $2,420 a month against $1,555 rent: a $1,878 mortgage payment, plus $159 property tax and $383 insurance & upkeep.
Owning vs renting — zip 83647
The owning line is the typical home's monthly payment at that month's rate, plus property tax and insurance & upkeep; the renting line is the typical asking rent; the grey line is the mortgage payment on its own. Same homes, same months, both ways of paying for a roof.
- Owning all in$2,420
- Renting$1,555
- Mortgage only$1,878
Property tax · $159/mo 0.53% of value a year — the ACS 2020-2024 median bill over the median home value for 2 counties
Insurance & upkeep · $383/mo insurance, maintenance and repairs together, from the BLS Consumer Expenditure Survey — the national figure for mortgaged homeowners, scaled to this market's home value. BLS publishes the three bundled and they cannot be split.
Both are priced off the same month's home value, so they rise with the market. Neither is a quote — a specific home's bill depends on its assessment, its age and its insurer.
This zip spans 2 counties: Elmore County, ID 98% · Owyhee County, ID 2%
Zillow also publishes an index for the city itself: Mountain Home, ID — measured over the city limits, which is a different area from this zip.
Asking rent — 83647
Against the Mountain Home, ID metro and the national benchmark.
- 83647$1,555
- Mountain Home$1,555
- United States$1,932
Typical home value — 83647
Mid-tier homes, smoothed and seasonally adjusted.
- 83647$357,822
- Mountain Home$356,811
- United States$366,157
Coordinates and population from SimpleMaps US Zips (Basic). Rent and home values from Zillow Research.