Property Prices in Boise, ID, United States

Index Info
Price to Income Ratio: 5.23
Mortgage as Percentage of Income: 47.31%
Loan Affordability Index: 2.11
Price to Rent Ratio - City Centre: 14.68
Price to Rent Ratio - Outside of Centre: 13.32
Gross Rental Yield (City Centre): 6.81%
Gross Rental Yield (Outside of Centre): 7.51%
Rent Per Month
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Apartment (1 bedroom) in City Centre 1,570.90 $ 1,500.00-2,000.00
Apartment (1 bedroom) Outside of Centre 1,358.89 $ 1,200.00-1,750.00
Apartment (3 bedrooms) in City Centre 2,475.00 $ 2,300.00-2,900.00
Apartment (3 bedrooms) Outside of Centre 2,031.88 $ 1,750.00-2,300.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 441.34 $ 285.02-699.99
Price per Square Feet to Buy Apartment Outside of Centre 339.02 $ 285.02-500.00
Salaries And Financing
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Average Monthly Net Salary (After Tax) 4,017.05 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.64 6.19-7.00

These data are based on 124 entries in the past 18 months from 33 different contributors.
Last update: January 2025

Sources and References
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