Boise Rental Prices Jump Sharply Over Past Year

Local apartment rates for one and two-bedroom units see double-digit percentage increases.

Updated on Oct. 28, 2026 in Apartments

Screen-print poster illustration of a generic three-story apartment building and a spruce tree, representing Boise's rising rental market. — Rental prices in Boise have surged over the past year, with two-bedroom apartment costs reaching an average of $1,690 per month. AI Illustration. Upload story photo >

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Rental costs in Boise have surged significantly over the last year, with two-bedroom apartments now reaching an average monthly price of $1,690. One-bedroom units also saw a notable rise, climbing to $1,450 per month.

Why it matters

These rising costs underscore a tightening rental market in the city that significantly outpaces national growth trends for similar housing types. Boise now holds the 35th spot for the most expensive rental markets across the country.

Two-bedroom apartments in Boise now average $1,690, while one-bedroom units are priced at $1,450. These figures reflect a 17 percent and 11.5 percent annual increase, respectively, positioning Boise as the 35th most expensive rental market nationally.

The players

Zumper

Zumper is a rental platform that aggregates housing data and publishes reports on national and regional rental market pricing trends.

The details

The latest Zumper data shows that rental price growth in Boise has significantly exceeded the national averages of 0.7 percent for two-bedroom units and 0.5 percent for one-bedroom units. These findings were published in the National October Rent Report.

October 2026 marks the month for which the current rental market pricing data is reported.
May 2025 serves as the period for the strongest annual rental reading recorded prior to the current month.

Culture Shift

This trend aligns with the National October Rent Report, which documents shifting housing costs across major U.S. metropolitan areas. It marks a departure from typical rental growth patterns by showing local prices escalating at rates far higher than the national norm.

Renters in the area face a substantial increase in housing costs, which may require adjustments to monthly household budgets. Prospective tenants should anticipate higher entry costs for new leases compared to the previous year.

The takeaway

Renters in Boise are seeing market conditions that are significantly more aggressive than the national average. Residents should plan for continued financial pressure and consider long-term lease renewals when possible to lock in current rates.