2022 Boise Apartment Data

Boise is the 109th largest multifamily market with 24,720 completed units and 26,827 units in development, 4,246 of which have already broken ground, as of September 2022.

Boise Multifamily Market Summary – September 2022

New lease asking rents are at $1,675, up 7.4%▲
from the previous year placing Boise at 95th
overall in year-over-year rent growth.

Boise Multifamily Market Summary – August 2022

New lease asking rents are at $1,683, up 9.4%▲
from the previous year placing Boise at 76th
overall in year-over-year rent growth.

Boise Multifamily Market Summary – July 2022

New lease asking rents are at $1,672, up 10.5%▲
from the previous year placing Boise at 71st
overall in year-over-year rent growth.

Boise Multifamily Market Summary – June 2022

New lease asking rents are at $1,667, up 12.5%▲
from the previous year placing Boise at 56th
overall in year-over-year rent growth.

Boise Multifamily Market Summary – May 2022

New lease asking rents are at $1,640, up 15.3%▲
from the previous year placing Boise at 27th
overall in year-over-year rent growth.

Boise Multifamily Market Summary – April 2022

New lease asking rents are at $1,612, up 16.3%▲
from the previous year placing Boise at 28th
overall in year-over-year rent growth.

Boise Multifamily Market Summary – March 2022

New lease asking rents are at $1,592, up 17.1%▲
from the previous year placing Boise at 26th
overall in year-over-year rent growth.

Boise Multifamily Market Summary – February 2022

New lease asking rents are at $1,565, up 17.8%▲
from the previous year placing Boise at 24th
overall in year-over-year rent growth.

Boise Multifamily Market Summary – January 2022

New lease asking rents are at $1,559, up 18.8%▲
from the previous year placing Boise at 20th
overall in year-over-year rent growth.

Boise Multifamily Market Summary – December 2021

New lease asking rents are at $1,532, up 18.3%▲
from the previous year placing Boise at 14th
overall in year-over-year rent growth.