Rexburg Multifamily Buyer
Sell Your Commercial Property In Rexburg, ID
From Downtown Rexburg to Sugar City, we buy Rexburg multifamily and commercial apartment properties of 5+ units in every condition. Owners and agents get a straight answer on fit, usually within two business days.
- Clear feedback on your deal, typically within 48 hours
- 5 to 100+ units, stabilized or distressed, listed or off-market
- Owners, agents, and brokers welcome — every conversation is confidential
We buy:Tired landlordsEstate & trust sales1031 exchangesDeferred maintenanceHigh vacancyPartnership splits
Where We Look: Downtown Rexburg · BYU–Idaho campus area · Sugar City · St. Anthony — Madison County, ID
The Rexburg Market
What Drives Rentals In Rexburg
Rexburg, in Madison County, is home to Brigham Young University-Idaho. ACS 2020-2024 counted 40,543 residents in Rexburg, and 77.0% of its households rent. More than half of Rexburg homes sit in buildings of five or more units.
Owners who sell commercial property in Rexburg, ID will see buyers compare the $1,004 median gross rent with HUD's $1,159 two-bedroom FMR. This profile covers Rexburg renters, rents, Madison County taxes and Idaho landlord rules, each linked to the official page it came from.
BYU-Idaho
BYU-Idaho reported 20,173 on-campus students for Winter Semester 2026, with about 21,500 admitted students living in Rexburg.Madison Memorial Hospital
The hospital employed 500 to 999 people in 2025, a top Madison County employer per Idaho Department of Labor data.Idaho Falls job link
In 2023, 2,414 Idaho Falls residents worked in Madison County, and 954 county residents worked in Idaho Falls.Our Buy Box
What We Buy In Rexburg
Asset Type
Multifamily, 5+ Units
Apartment buildings and income-producing residential.
Size
5 – 100+ Units
Sweet spot: 15–25 units.
Condition
Stabilized To Distressed
Value-add, mismanaged, and high-vacancy properties welcome.
Deal Types
Listed Or Off-Market
Direct-to-owner, pocket listings, portfolios.
Local Market Data
Rexburg Apartment Market
Figures gathered October 2026 from public market data.
Who rents in Rexburg
Renters occupy 77.0% of Rexburg homes, or 7,250 of 9,410 households, per ACS 2020-2024 table B25003. That is 91.0% of Madison County's 7,963 renter households.
Buildings of five or more units hold 6,132 Rexburg homes, 56.6% of all housing units, per table B25024. Idaho's share is 8.9%. Only 21.4% of Rexburg homes predate 1980, and the median home dates from 2005, per table B25034.
Rents and affordability in Rexburg
Median gross rent in Rexburg was $1,004 in ACS 2020-2024, $234 below Idaho's $1,238. Median household income was $50,617. About 48.2% of Rexburg renter households spend 30% or more of income on housing, per table B25070.
| Unit size | HUD FY2027 FMR |
|---|---|
| Efficiency | $1,022 |
| 1 bedroom | $1,065 |
| 2 bedroom | $1,159 |
| 3 bedroom | $1,605 |
| 4 bedroom | $1,895 |
These are HUD's FY2027 fair market rents for the Madison County, ID FMR area, effective October 1, 2026, per the HUD FMR documentation. The two-bedroom FMR sits $155 above Rexburg's median gross rent.
Property taxes in Madison County
Madison County's 2025 average urban property tax rate was 0.923%, per the Idaho State Tax Commission. Idaho Code 63-205 requires assessment at market value as of January 1.
A $2,000,000 value times 0.923% gives $18,460 a year, or $923 per door across 20 units. Anyone planning to sell commercial property in Rexburg, ID should expect buyers to model that bill. Appeals are due by the fourth Monday of June under Idaho Code 63-501A.
Landlord rules in Rexburg
Idaho Code 55-306 bars local governments from regulating rent, fees or deposits on private residential leases. Unpaid rent requires three days' written notice demanding payment or possession under Idaho Code 6-303.
Idaho Code 6-321 sets deposit refunds at 21 days when the lease is silent, and 30 days at most. A new owner becomes liable for those deposits. Owners who sell commercial real estate in Rexburg, ID should give the buyer a deposit ledger.
What it means for an owner
Rexburg's rental vacancy was 4.0% in ACS 2020-2024, near Idaho's 3.9%. BYU-Idaho estimates 21,500 admitted students live in Rexburg. To sell commercial property in Rexburg, ID, lead with rent rolls, lease terms and recent capital work.
If you want to sell your apartment building in Rexburg, start with our cap rate calculator. Our seller page explains how we underwrite. Skyline Capital Investments buys 5+ unit apartment buildings in Downtown Rexburg, near the BYU-Idaho campus, Sugar City and St. Anthony.
Seller Notes
Selling In Rexburg
More about selling in Idaho →Investing in Rexburg? See apartment syndications in Rexburg →
- ACS figures are 2020-2024 five-year estimates for Rexburg city, Madison County and Idaho.
- The $18,460 tax example applies Madison County's 0.923% 2025 average urban rate to $2,000,000.
- Owners who sell commercial real estate in Rexburg, ID face no local rent control under Idaho Code 55-306.
Seller Guides
Rexburg Seller Situations
Learn More
Taxes & Rules For Rexburg Property
The Idaho rules that shape any deal in Rexburg: what a sale costs in tax, how buildings are taxed, what landlords must follow, and how to defer gains.
Rexburg Seller FAQ
How do I sell commercial property in Rexburg, ID?
Owners can list with a broker or sell directly to a buyer of 5+ unit buildings. Buyers compare rents with HUD's FY2027 two-bedroom FMR of $1,159. They also weigh Rexburg's 4.0% rental vacancy and Madison County's 0.923% average urban tax rate.
What do buyers check when I sell commercial real estate in Rexburg, ID?
Buyers start with rent rolls, occupancy and lease terms. Rexburg has 6,132 homes in 5+ unit buildings, 56.6% of its stock. The median home dates from 2005, so many buyers expect newer systems. Deposit ledgers matter too, since Idaho Code 6-321 makes the new owner liable.
How much are property taxes on a Rexburg apartment building?
Madison County's 2025 average urban rate was 0.923%, per Idaho's Tax Commission. On a $2,000,000 value, that gives $18,460 a year, or $923 per door across 20 units. Idaho assesses property at market value as of January 1, so anyone selling commercial property in Rexburg should share tax bills.
Does Rexburg have rent control?
No. Idaho Code 55-306 bars any local government from enforcing an ordinance that regulates rent, fees or deposits on private residential leases. Rexburg owners set rents by lease, and HUD's fair market rents are program benchmarks, not caps.
Is now a good time to sell multifamily property in Rexburg?
Rexburg's median gross rent of $1,004 sits $155 below HUD's two-bedroom FMR, and rental vacancy runs 4.0%. BYU-Idaho reported 20,173 on-campus students in Winter Semester 2026. Those figures shape how buyers price student-area buildings, along with lease terms tied to semester calendars.
Do I need to fix up my Rexburg building before selling?
No. We price in deferred maintenance, vacancy, and below-market rents ourselves, so you can sell the property as it stands.
Can I sell my Rexburg apartment building off-market?
Yes. We work directly with owners and through listing agents. Off-market conversations are confidential, and we coordinate tours so tenants and staff are not disrupted.
Can I sell rental property in Rexburg with tenants in place?
Yes. We buy apartment buildings with tenants in place and keep existing leases intact. As a commercial real estate buyer focused on 5+ unit properties, we underwrite the current rent roll as it stands.
How fast can I sell my apartment building in Rexburg?
Most owners get clear feedback within 48 hours of sending the address, unit count, and a rent roll. Closing is typically set around your timeline, including extra time for a 1031 exchange.
Submit A Deal
Selling A Building In Rexburg?
Send the address, unit count, and asking price if you have one. We keep every conversation confidential.
