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Oversupply Risks Visible for Some Boise Multifamily Areas

Construction Starts Wane, but Rent Growth Dynamics in Several Submarkets Will Be Affected
CoStar Analytics
September 11, 2023 | 9:25 P.M.

Boise, Idaho, will face a hefty apartment construction schedule over the remainder of 2023 and early 2024. Activity continues in earnest, with apartment inventory growing by about 25.3% over the past three years, one of the nation's most pronounced midsize metropolitan area expansions. Vacancies have risen to over 10% as a result.

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