Boise
Idaho · Ranked #339 of 373 metros
35Crisis
💡
Housing in Boise costs 6.9× the median income, above the national average of 4.5×. The median home price is $460K and median rent is $1,450/month. Boise ranks #339 of 373 metros for affordability.
Median Home Price
🏠$460K
Need $132K income
Median Rent
🔑$1,450
Need $58K income
Housing Shortage
📉18,000
units needed
Building Permits
🔨10,000
annual
Median Income
💰$67K
Pop: 849,131
Rent Burden
⚠️32.0%
of renters paying >30%
Price Change (YoY)
📈+2%
Homeownership
🏡68.0%
Rent Burden
vs. National Average
Key Facts vs. National Average
| Metric | Boise | National |
|---|---|---|
| Price-to-Income Ratio | 6.9x | 6.1x |
| Rent Burden | 32.0% | 31.5% |
| Homeownership Rate | 68.0% | 65.5% |
| YoY Price Change | +2% | +3.5% |
| YoY Rent Change | +0.5% | +2.8% |
| Mortgage Denial Rate | 12.0% | 13.5% |
| Eviction Rate | 3.5% | 3.6% |