What is the average cost of housing in Boise?
Question & Answer is about the State of Idaho
Updated April 22, 2026
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Idaho State Facts
State Flag
Idaho
Capital
Boise
State Bird
Mountain Bluebird
Statehood
July 3, 1890
State Flower
Syringa
Population
2.0 million (2020)
Answer
The average cost of housing in Boise, Idaho, varies depending on the type of property and market conditions but generally falls within the mid to upper range compared to the national average. As of early 2024, the median home price in Boise is around $500,000, reflecting the city's rapid growth and increasing demand.
Boise has experienced significant population growth and economic development, leading to rising housing prices over recent years. The city offers a mix of single-family homes, condos, and townhouses, with prices varying by neighborhood and proximity to downtown. While $500,000 is a median figure, more affordable options may be found in suburbs or outlying areas, whereas premium neighborhoods closer to the city center command higher prices. Rental costs also reflect this trend, with average monthly rents for a two-bedroom apartment typically ranging from $1,400 to $1,800.
Key Points:
- Median home price in Boise is approximately $500,000 as of early 2024.
- Prices vary significantly by neighborhood and property type.
- Rising demand and population growth are driving housing costs upward.
- Rental prices for two-bedroom apartments generally range between $1,400 and $1,800 per month.
Boise has experienced significant population growth and economic development, leading to rising housing prices over recent years. The city offers a mix of single-family homes, condos, and townhouses, with prices varying by neighborhood and proximity to downtown. While $500,000 is a median figure, more affordable options may be found in suburbs or outlying areas, whereas premium neighborhoods closer to the city center command higher prices. Rental costs also reflect this trend, with average monthly rents for a two-bedroom apartment typically ranging from $1,400 to $1,800.
Key Points:
- Median home price in Boise is approximately $500,000 as of early 2024.
- Prices vary significantly by neighborhood and property type.
- Rising demand and population growth are driving housing costs upward.
- Rental prices for two-bedroom apartments generally range between $1,400 and $1,800 per month.
