Boise Multifamily Market Report

By PropZone Research · Data through Q1 2026 · Aggregated from Cushman & Wakefield, Lee Associates

Quarterly multifamily market indicators for Boise, aggregated by PropZone from Cushman & Wakefield, Lee Associates. As of Q1 2026, average asking rent was — with a 3.5% vacancy rate.

QuarterAsking rentVacancyNet absorptionUnder constr.Source
Q1 20263.5%0K SF2K SFCushman & Wakefield
Q4 20253.5%2K SFCushman & Wakefield
Q3 20254.2%0K SF1K SFCushman & Wakefield
Q4 202310.6%0K SFCushman & Wakefield
Q3 20179.0%37K SFLee Associates

Frequently asked questions

What is the average asking rent for multifamily space in Boise?
PropZone aggregates multifamily asking-rent data for Boise from major brokerage market reports; see the quarterly table for the latest available figures.
What is the multifamily vacancy rate in Boise?
The multifamily vacancy rate in Boise was 3.5% as of Q1 2026 (Cushman & Wakefield).
Where does PropZone's Boise market data come from?
This report aggregates quarterly multifamily market data for Boise from Cushman & Wakefield, Lee Associates.