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Are Boise multifamily rents poised to make a big run? It depends on the property type.

Growth trended down slightly in the first quarter, but the vacancy rate is on the decline
CoStar Analytics
May 15, 2025 | 2:08 P.M.

Boise, Idaho’s multifamily market rebalance continues into the second quarter of 2025, though the market’s asking rent performance hasn’t quite synced with the trend. On an annual basis, rents posted a minimal loss of 0.05% at the end of the first quarter, which improved from the negative reading of 0.44% in the first quarter of 2024.

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