Boise’s housing market is experiencing notable shifts, with recent data indicating a slight decrease in home prices. As of March 2026, the median sale price stands at $495,000, reflecting a 1.0% decline compared to the previous year. Homes are selling after an average of 26 days on the market, suggesting a steady pace in transactions.
In the rental sector, Boise maintains a balanced environment. The average rent for a two-bedroom apartment is approximately $25,143 per month, while three-bedroom homes average $30,584 monthly. These figures highlight the city’s diverse rental options catering to various income levels.
Several development projects are underway to address housing needs and enhance community living. The Riverline project, located at the southwest corner of S. 11th Street and W. Lee Street, is set to introduce 48 apartments in a four-story building, contributing to the River-Myrtle District’s growth. Additionally, the Ash + River Townhomes offer 34 LEED Gold certified units adjacent to the Pioneer Pathway, emphasizing sustainable and connected urban living.
These developments, alongside others like the Wilson Station mixed-use affordable housing project, reflect Boise’s commitment to expanding housing opportunities and accommodating its growing population.