Pocatello vs Nearby Cities
Pocatello is located in southeastern Idaho between Twin Falls and Idaho Falls. The city’s real estate market offers affordable housing with prices lower than both of these nearby cities. The median listing price in Pocatello is close to $200,000. Compare that to median listing prices around $250,000 in Twin Falls and Idaho Falls. Renters can expect to pay around $1,000 per month on average.
The real estate prices in Pocatello are comparable to some of the smaller cities located nearby. In Soda Springs, listing prices range from under $150,000 to more than $400,000. Lots of land are plentiful and can range from around $150,000 to more than $1 million. In Rupert, real estate prices range from less than $200,000 to around $1 million.
Pocatello Property Managers
Property managers serve as representatives of property owners. They maintain a presence at the rental property to ensure that all rules are followed. If evictions are necessary, the manager may initiate the process while ensuring that all state and local laws are followed. A professional manager may collect rent and interact with tenants on a daily basis while screening new tenants to fill empty rental units. Most property managers are responsible for maintaining rental properties, including landscaping and prompt repairs. They work to keep the property profitable for the owners.
Pocatello Property Management Fees
Property management fees vary between properties, locations, and management companies. The rates are often determined by analyzing the number of rental units included in the contract and the services delivered. Some specialized services will carry an added charge on top of the management fee. For instance, many property managers charge some form of vacancy fee. Expenses for marketing and property maintenance are paid by the property owner in addition to the management fee.
Idaho Landlord/Tenant Laws
- There is no limit on what Idaho landlords may charge tenants for a security deposit.
- When a tenant severely damages a rental unit, the landlord must give the tenant three days to move out of the property. After three days, the landlord can begin the eviction process.