$0
Average Rent
$1,675 average rent in Boise, Q3 2026
0%
Occupancy Rate
96% occupancy rate Boise, Q3 2026
0
T4Q Net Absorption
2,948 T4Q net absorption in Boise, Q3 2026
0%
Annual Rent Change
8% annual rent change in Boise, Q3 2026
0
BPS Annual Occupancy Change
190 BPS annual occupancy change in Boise, Q3 2026
0
T4Q Unit Completions
2,077 T4Q net absorption in Boise, Q3 2026
KEY TAKEAWAYS
- Boise’s demand story keeps strengthening, quarterly absorption nearly tripled from a year ago, and every one of the market’s seven tracked submarkets is now posting positive net annual absorption rates.
- Supply has fallen off a cliff relative to 2023, down three-quarters from that peak, with Meridian and South Boise now carrying essentially the entire construction load for the metro.
- No market in the region is performing better across the board than Boise right now, top of its Interior West peer group on occupancy, second on rent growth, and well ahead of the national pace on both fronts.
MARKET OUTLOOK
Boise should remain one of the strongest-performing markets in this report over the next several quarters. Rent growth is projected to stay well above the national pace through mid-2027…
Boise Advisors
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Region
Northeast / Mid-Atlantic & Northeast
Office Location
Massachusetts
License Number
471.021452
Phone
Email
Region
Midwest / Heartland
Office Location
Missouri
License Number
00225447 (KS) & 2006007641 (MO)
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Region
Midwest / Heartland
Office Location
Missouri
License Number
2013036603
Phone
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