Boise was the fastest-appreciating market of the past five years and remains a top destination for West Coast in-migration despite recent cooling.
Median Price
$510,000
Cap Rate
4.90%
Yield
4.90%
Vacancy
6.50%
What investors should underwrite for
Boise is an appreciation play that ran ahead of fundamentals. Buyers today should underwrite flat year-one rents and require strong reserves.
Next step
Use our rental ROI calculator with Boise-specific rents and taxes to run a complete deal-level analysis on any property you are considering.