CalculateRealEstateROI

Market Research

Boise, ID — Investment Research

Boise was the fastest-appreciating market of the past five years and remains a top destination for West Coast in-migration despite recent cooling.

Reviewed by Keiron Brown, Founder & Editor, CalculateRealEstateROI · Educational estimates only — not investment, financial, tax, or legal advice

Opportunity
59
Future Outlook
88
Grade
C
Cap Rate
4.9%

Market Commentary

Boise is an appreciation play that ran ahead of fundamentals. Buyers today should underwrite flat year-one rents and require strong reserves.

Fundamentals

Median Price
$510,000
Median Rent
$2,100
per month
Yield
4.9%
Pop Growth
1.8%
Job Growth
2.5%
Vacancy
6.5%

Investment Pros / Cons

  • ✓ Strong in-migration from CA/WA
  • ✓ Tech and outdoor-industry growth
  • ✓ No major regulatory friction
  • × Heavy 2021–22 price run-up
  • × Negative cash flow at full leverage
  • × Appreciation has stalled