What is the average asking rent for office space in Boise?

As of Q1 2026, the average asking rent for office space in Boise was $23.00/SF, per Cushman & Wakefield.

What is the office vacancy rate in Boise?

The office vacancy rate in Boise was 10.6% as of Q1 2026 (Cushman & Wakefield).

Where does PropZone's Boise market data come from?

This report aggregates quarterly office market data for Boise from Cushman & Wakefield.

Boise Office Market Report

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

Quarterly office market indicators for Boise, aggregated by PropZone from Cushman & Wakefield. As of Q1 2026, average asking rent was $23.00/SF with a 10.6% vacancy rate.

Projected current office pricing — Boise

low confidence

Projected asking rent

$23.00/SF/yr

Estimated sale value

$196–$255/SF

Modeled estimate (income approach) shown as a range — not an appraisal. Projected asking rent × occupancy × net-operating-income margin band ÷ market cap rate, from Q1 2026 Cushman & Wakefield data (cap rate 5.3%, asking rent held flat). Assumes ~89% occupancy and a 50–65% net-operating-income margin.

Quarter	Asking rent	Vacancy	Net absorption	Under constr.	Source
Q1 2026	$23.00/SF	10.6%	11K SF	—	Cushman & Wakefield
Q4 2025	—	3.5%	0K SF	—	Cushman & Wakefield
Q4 2019	—	11.6%	0K SF	—	Cushman & Wakefield

Frequently asked questions

What is the average asking rent for office space in Boise?: As of Q1 2026, the average asking rent for office space in Boise was $23.00/SF, per Cushman & Wakefield.
What is the office vacancy rate in Boise?: The office vacancy rate in Boise was 10.6% as of Q1 2026 (Cushman & Wakefield).
Where does PropZone's Boise market data come from?: This report aggregates quarterly office market data for Boise from Cushman & Wakefield.

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