Property Prices in Boise, ID, United States

Index Info
Price to Income Ratio: 3.92
Mortgage as Percentage of Income: 35.50%
Loan Affordability Index: 2.82
Price to Rent Ratio - City Centre: 10.77
Price to Rent Ratio - Outside of Centre: 11.30
Gross Rental Yield (City Centre): 9.29%
Gross Rental Yield (Outside of Centre): 8.85%
Rent Per Month
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Apartment (1 bedroom) in City Centre 1,578.78 $ 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 $ 1,750.00-2,700.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 324.52 $ 285.02-649.99
Price per Square Feet to Buy Apartment Outside of Centre 287.43 $ 285.02-382.00
Salaries And Financing
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Average Monthly Net Salary (After Tax) 4,198.16 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.64 6.19-7.00

These data are based on 115 entries in the past 18 months from 29 different contributors.
Last update: January 2025

Sources and References
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