Boise rental costs keep rising. This interactive map shows the latest median prices
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Affording Boise: Rental housing
Soaring rents. Skyrocketing home prices. The double-digit rates of increase in the costs of Boise-area housing create increasingly urgent problems for low-income, working-class and even moderate-income Idahoans who need places to live. Affording Boise is a series of Idaho Statesman special reports on housing. This collection focuses on rental homes, including apartments. A separate collection focuses on homeownership.
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Editor’s note: Soaring rents. Skyrocketing home prices. The double-digit rate of increase in the costs of Boise-area housing creates increasingly urgent problems for low-income, working-class and even moderate-income Idahoans who need places to live. This story is part of Affording Boise, an occasional series of Idaho Statesman special reports on rising local housing costs.
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After a slight drop in rental prices in the Boise area last December, rent prices are back on the rise in January.
Boise saw a 1% increase in month-to-month rent in January, according to a monthly report from Apartment List. That increase doesn’t seem like a bank account-busting number, but since March 2020 rental prices in the Treasure Valley have skyrocketed by 33.6%.
Families are struggling to find affordable rental options at a time when Boise homelessness services are seeing larger numbers than ever before of people experiencing homelessness.
The median rental price for a one-bedroom apartment in the city is $1,023, while a two-bedroom apartment is $1,214. Renters will find Boise prices to be most comparable to those in Dallas.
The following interactive map uses data from RentHub calculates the median rent and percentage change for Boise-area zip codes from December 2020 to December 2021. Data is not available for all zip codes.
While some zip codes around Meridian and Nampa have seen prices decrease over the past year, median rental prices still remain at a minimum of $1,300 a month and in some zip codes over $1,600 a month.
Meanwhile, the once-cheap downtown area has seen rental prices rise by over 20% to almost 30% in some areas over the past year.
This story was originally published February 12, 2022 at 4:00 AM.
