MARKET SNAPSHOT
Occupancy remains healthy and is forecast to improve into late 2026, indicating the market is holding its tenant base and tightening slightly even as demand normalizes from a strong 2025.
Rent growth has shifted into a steady, low-volatility phase with modest gains through 2026, suggesting landlords retain pricing power but are constrained by affordability and competitive leasing conditions rather than pushing aggressive increases.
New supply is no longer the dominant headwind since starts and the under construction pipeline are far below long-run norms, so even with slightly higher deliveries in 2026, the market should face less new-lease competition and could tighten faster if job and household growth stay resilient.
Rental market trends in Boise will remain constructive in 2026, supported by a still-tight labor market and durable demand drivers even as leasing normalizes from a strong previous year...
