Burley, ID

Burley, ID is evaluated here only within the supplied metropolitan or micropolitan statistical-area geography, whose population is 47,691. The immediate decision frame is a level-and-coverage question: do the available asking-rent, home-value, income, supply, migration and risk measures describe the same market conditions closely enough for a renter, landlord or small investor to investigate further? This is intentionally an unranked report. Zillow does not publish the trailing-12-month rent change in the supplied history, so the report assigns neither a score nor a rank. The evidence can identify points of agreement and conflict, but it cannot establish a rent-growth direction from the current rent level.

At June 30, 2026, Zillow's asking-rent index is $1,463 and its home-value index is $340,981; the supplied home-value year-over-year change is 2.6%. The reported gross yield is 5.15%. These are useful paired levels, yet their meanings are different: Zillow's rent series is an asking-rent index, while its value series is a home-value index. Gross yield is not a record of financing, taxes, insurance, maintenance, vacancy, concessions or realized cash flow. More importantly, Zillow's 12-month rent change is unavailable and cannot be inferred from the home-value change. The $1,463 current level therefore permits comparison with other current benchmarks, whereas it cannot by itself establish a rent trend or justify a score or rank.

Census ACS reports median household income of $70,536, alongside supplied rent-to-income of 0.2488 and price-to-income of 4.83. HUD's FY2026 two-bedroom Fair Market Rent is $1,025. The Zillow asking-rent level is 1.427 times that HUD benchmark, a calculated gap of $438. This is an affordability boundary rather than a matched-unit comparison. Census ACS reflects household income, HUD Fair Market Rent is a program benchmark for a two-bedroom standard, and Zillow reflects an asking-rent index with its own coverage. The figures do not show the income of a current renter, the bedroom mix represented by Zillow, or a household's actual rent burden. Their value is to flag the definitions that must remain separate when interpreting affordability.

Supply signals are mixed across BLS, Census Building Permits and Redfin. BLS LAUS puts the metro's job change at 0.12% over the 12 months to 2026-05. The Census Building Permits Survey records 194 permits through 2026 M06, or 4.07 per 1,000 residents, with no permits in its 5-plus-unit category. At Redfin's 2026-05-01 observation, months of supply are 3.1 versus 3.9 previously and median days on market are 46 versus 49, while the sale-to-list ratio is 0.9861. At the same time, Redfin's price-drop measure is 0.42 versus 0.2774 previously. Fewer months of supply and shorter market time sit beside a higher price-drop reading. This is a tension in the for-sale indicators, not evidence of a direction for rents; permits also measure authorization, not completion, occupancy or rental availability.

IRS and HMDA similarly answer different demand questions. IRS county-to-county tax-return migration, aggregated to this market, shows 725 moved in and 877 moved out, for net migration of -152. Adjusted gross income attached to inbound flows is $47,694, compared with $48,675 for outbound flows, a supplied gap of -$981. HMDA's 2024 purchase-mortgage occupancy evidence records 467 purchases, including 35 investor purchases, for an investor share of 0.0749. IRS tracks tax-return movement rather than a housing-tenure decision, while HMDA describes financed purchase occupancy evidence rather than all ownership or all rental demand. Accordingly, neither the negative IRS net flow nor the HMDA investor share identifies the current tenant base, the whole buyer base, or demand attached to any individual property.

FEMA's National Risk Index supplies a separate physical-risk lens: inland flood is the listed top hazard, categorized as water. The FEMA climate-loss ratio is 0.001351 and the National Risk Index risk score is 32.8. FEMA supplies expected annual loss evidence; it is not an observed insurance bill, repair ledger, building-condition report, or a measure of a particular parcel. The available cost-level evidence is limited to the Zillow rent and value indexes, the reported gross yield, and HUD's Fair Market Rent benchmark. No insurance, tax, utility, maintenance or mitigation cost measure is supplied, so the packet cannot quantify how FEMA's risk measures map into an occupant's or owner's costs.

The practical synthesis is a set of unresolved joins, not a market call. Zillow offers a current asking-rent level but no trailing-12-month rent movement; Census ACS and HUD place that level against income and a Fair Market Rent benchmark that are not matched leasing observations. BLS LAUS, Census Building Permits Survey and Redfin offer job, authorization and resale readings on different dates and with an internal Redfin tension over supply, time on market and price drops. IRS and HMDA provide migration and mortgage-occupancy evidence with different populations, and FEMA supplies risk evidence without operating-cost inputs. The next investigation is bounded by unit coverage and dates, permit completion and tenure, listing-level reduction composition, financing coverage in HMDA, and cost records relevant to the FEMA hazard. Until those joins are documented, this evidence supports comparison and questioning, not a score, rank, rent-growth claim, or property-level conclusion.