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Rental Property Investment Guide: Coeur d'Alene, ID

Updated 2026 · Based on median market data for Coeur d'Alene, ID

Cap Rate
1.90%
Median Price
$585K
Rent/Mo
$1,700
1% Rule
0.29%
Fails

Market Snapshot

Coeur d'Alene sits in the West with a population of 50,000 growing rapidly at 2.6% annually. The median home costs $585,000 while rents average $1,700/mo, producing an estimated cap rate of 1.90%. Cash flow investing here requires creative strategies like BRRRR or value-add approaches.

Who Should Invest Here

Coeur d'Alene works best for experienced investors with a clear strategy — Section 8, student housing, or deep value-add rehabs. The 1.90% cap rate at median prices is tight, so success depends on buying below market, forcing appreciation through renovation, or accessing above-market rent streams through niche tenant bases.

Deal Criteria for Coeur d'Alene

Target properties priced 15-25% below the $585,000 median — around $468,000 or less. At this price point with $1,700/mo rents, your cap rate improves to roughly 2.7%. Factor in 0.64% property taxes ($3,744/yr), budget 5% of gross rent for maintenance, and underwrite to a 4.2% vacancy rate. On a 20% down conventional loan at 7%, monthly PITI will run approximately $3,524.

Risks and Considerations

Higher price points mean more capital at risk and tighter cash flow margins — ensure you have adequate reserves. Every deal should be evaluated individually using our calculator tools. Median data provides a starting point; actual returns depend on the specific property, financing, and your management approach.

Next Steps

Run the numbers on a specific Coeur d'Alene property using our cap rate calculator (pre-filled with Coeur d'Alene data). Compare Coeur d'Alene against similar markets in the West region. If you're considering a value-add approach, try our BRRRR calculator to model a rehab scenario.

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How Coeur d'Alene Compares

Coeur d'Alene vs Idaho state average and national average across key investment metrics. Coeur d'Alene's cap rate is below both benchmarks — deal sourcing is critical here.

Metric
Coeur d'Alene
Idaho Avg
National Avg
Cap Rate
1.90%
2.58%
3.81%
Median Price
$585K
$475K
$333K
Median Rent
$1,700
$1,604
$1,524
Property Tax
0.64%
0.64%
1.08%
Vacancy
4.2%
4.2%
5.6%
Pop. Growth
2.6%/yr
2.6%/yr
0.9%/yr

Nearby West Markets

City
Cap Rate
Price
Rent
Tax
Coeur d'Alene, ID
1.9%
$585K
$1,700
0.64%
San Bernardino, CA
3.3%
$580K
$2,480
0.76%
Riverside, CA
3.3%
$580K
$2,480
0.78%
Sacramento, CA
2.9%
$575K
$2,210
0.74%
Elk Grove, CA
2.9%
$575K
$2,210
0.72%

Frequently Asked Questions

Is Coeur d'Alene, ID a good place to invest in rental property?
Coeur d'Alene has an estimated cap rate of 1.90%, which is below the national average of 3.81%. With median home prices at $585K and rents of $1,700/mo, pure cash flow investing in Coeur d'Alene is challenging at median prices, but value-add strategies can work. Population growth of 2.6% and 4.2% vacancy rate indicate healthy tenant demand.
What is the average cap rate in Coeur d'Alene?
The estimated cap rate for Coeur d'Alene is 1.90%, based on median home prices of $585K, median rents of $1,700/mo, a 0.64% property tax rate, and 4.2% vacancy. This compares to a 2.58% average across Idaho and 3.81% nationally. Cap rates for individual properties will vary based on purchase price, actual rents, and property condition.
How much does a rental property cost in Coeur d'Alene?
The median home price in Coeur d'Alene is $585,000, which is 75% above the national average of $333,419. A 20% down payment would be approximately $117,000. Investment properties in Coeur d'Alene range significantly — targeting properties 15-25% below median can improve your cap rate substantially.
What are Coeur d'Alene property taxes for investors?
Coeur d'Alene's effective property tax rate is 0.64%, which is above the Idaho average of 0.64% and below the national average of 1.08%. On a $585K property, annual taxes are approximately $3,744 ($312/mo). Low property taxes are a significant cash flow advantage here.
Full Coeur d'Alene Analysis →Cap Rate CalculatorBRRRR Calculator

Explore Coeur d'Alene & Related Markets

More Coeur d'Alene Guides

Rent AnalysisProperty Tax GuideCost of Living & AffordabilityAppreciation & Growth ForecastNeighborhood Investment Guide

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