2022 Boise Apartment Data

Boise is the 109th largest multifamily market with 24,110 completed units and 24,066 units in development, 3,924 of which have already broken ground, as of June 2022.

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 – 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 – 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 – 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 – 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 – 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.