Boise City housing market

Neutral marketBoise City, ID metro areaData through Sep 2026
Typical home value
$492K
▲ 1.7% 1 yr
Typical rent
$1,924/mo
▲ 7.6% 1 yr
12-month forecast
+3.3%
#107 of 546 metros
Gross rent yield
4.7%
#447 of 546 · U.S. 6.3%
Days to pending
37 days
▼ −5 days 1 yr
Listings with a price cut
32%
▼ −1.3 pts 1 yr

Key takeaways

  • 1The typical home is worth $491,851, up 1.7% in a year and down 0% over five years.
  • 2Zillow forecasts home values rising 3.3% over the next 12 months (U.S.: +1.1%).
  • 3Typical rent is $1,924/mo (+7.6% YoY), a 4.7% gross yield, below the U.S. 6.3%.
  • 4At 7.32% with 20% down, the typical home costs $2,703/mo in principal and interest, $779 more than renting.
  • 5Homes go under contract in 37 days (−5 days vs last year); 32% of listings have had a price cut.
Market temperature
Neutral market
Buyer'sNeutralSeller's

Zillow Market Heat Index: 50/100, #134 hottest of 546 metros. Below 44 favors buyers; above 55 favors sellers.

Home values and rent

Typical home value
Latest $492K
$239K$330K$421K$512K2016201920222025
Typical monthly rent
Latest $1,924
$1,039$1,314$1,588$1,8632016201920222025

How fast homes are selling

Days to go under contract
Latest 37
1329466220182020202220242026
Share of listings with a price cut
Latest 32.5%
9.8%21.7%33.6%45.5%20182020202220242026
Homes for sale vs new listings
Latest 3,054
For saleNew listings
7101,8973,0834,27020182020202220242026
Share of homes sold above list price
Latest 27.1%
16.1%31.1%46.1%61.1%202120232025

Affordability

Household income needed to buy vs rent
Latest $121K
To buy (20% down)To rent
$45K$70K$95K$120K201620182020202220242026

Source: Zillow Research (ZHVI, ZORI and market activity data).

How Boise City compares

MeasureBoise CityUnited StatesRank of 546
Home value, 1-yr change+1.7%+1.2%#312
Home value, 5-yr change−0.3%+19.7%
12-month forecast+3.3%+1.1%#107
Rent, 1-yr change+7.6%+2.7%#42
Gross rent yield4.7%6.3%#447
Price-to-rent ratio21.315.8
Mortgage P&I on typical home$2,703$2,012
Income needed to buy$121,315$100,902
Days to pending3756

Cities in the Boise City metro

8 cities with home value and rent data.

Boise$500K▲ 2.1%$1,900▲ 8.4%4.6%
Nampa$415K▲ 1.8%$1,668▲ 6.2%4.8%
Meridian$536K▲ 1.3%$2,056▲ 6.8%4.6%
Caldwell$400K▲ 1.5%$1,736▲ 3.8%5.2%
Eagle$785K▲ 0.3%$2,200▲ 10.0%3.4%
Kuna$460K▲ 1.0%$2,346▲ 6.5%6.1%
Garden City$474K▼ 1.2%$1,930▲ 13.3%4.9%
Star$583K▼ 0.2%$2,452▲ 6.6%5.0%

Run the numbers

Other Idaho metros

Gross yield = 12 × typical rent ÷ typical home value, before expenses. Mortgage estimate: 20% down, 30-year fixed at the current Freddie Mac average, principal and interest only. Forecast: Zillow Home Value Forecast. Data refreshed Oct 26, 2026.