Is Payette, ID a good place to invest in rental property?

Payette, ID has a median modeled monthly cash flow of $-1,329 and a median cap rate of 2.1%, on a median sold price of $339,000. Prices changed -1.3% year over year.

What is the average cap rate in Payette, ID?

The median cap rate across recently sold homes in Payette, ID is 2.1%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Payette, ID?

The median sold price in Payette, ID is $339,000 (about $234 per square foot).

Investing in Payette, ID Real Estate

A data-driven snapshot of the Payette, ID rental-property market, built from recently sold homes and CashFlowRE's per-listing investment modeling — median price, cap rate, monthly cash flow, appreciation and inventory — so you can judge the market before you ever open a listing.

$339,000Median sold price

$234Median $/sqft

2.1%Median cap rate

$-1,329Modeled cash flow / mo

-1.3%Appreciation YoY

5.8Months of supply

92Active listings

191Sold (last 12 mo)

What the Payette numbers say

In Payette, ID, the median home sold for $339,000 (about $234 per square foot), and the typical deal models out to a 2.1% cap rate with a median $-1,329 of monthly cash flow. Sold prices moved -1.3% over the past year. Inventory sits at about 5.8 months of supply. These are medians across recorded sales; individual properties vary widely, which is exactly what CashFlowRE scores listing by listing.

Other Idaho markets to compare

See Payette cash-flowing listings

CashFlowRE ranks every for-sale home in Payette, ID by cap rate, cash-on-cash return, DSCR and monthly cash flow — so the best rental deals rise to the top. Create a free account to screen Payette deals, or browse the national market data.