Boise County, Idaho Housing Market

In Boise County, Idaho, the median home value is $476,100, with a median monthly rent of $850. This places Boise County at #157 nationally out of 3134 counties by median home value, and #7 within Idaho.

Median Home Value $476,100
Median Rent $850/mo
Owner Occupancy 90.3%
Price/Rent Ratio 46.7

📈 Price Trend (2017 → 2024)

📊 Recent Market Momentum (FHFA HPI)

FHFA House Price Index — All-Transactions, Annual (2000 = 100) · Latest: 2025

💡 Year-over-Year Trend: Home prices in Boise County fell -6.9% year-over-year as of 2025. (Source: FHFA)

📍 Economic Snapshot

💼

Employment & Wages

1,311
jobs (private sector)
  • Avg weekly wage: $943
  • Establishments: 240
  • BLS QCEW, 2025
🏗️

Housing Supply

108
new units authorized (2025)
  • Single-family: 108
  • Multi-family: 0
  • U.S. Census Bureau, Building Permits Survey
🚚

Migration Patterns

+418
net migration (filers, 2021-2022)
  • Inflow: 3,468 (avg $86,976)
  • Outflow: 3,050 (avg $85,482)
  • IRS Statistics of Income

📍 Sub-Market Activity

Top 1 active ZIP codes in Boise County · Latest: 2025

# ZIP Code HPI YoY Change Latest Year
1 83622 381.5 — 2025

Source: FHFA HPI for Five-Digit ZIP Codes (All-Transactions Index, 2000 = 100).
This product uses FHFA Data but is neither endorsed nor certified by FHFA.

How Boise County Compares

MetricBoise CountyIdaho AverageU.S. Average
Median Home Value $476,100 $355,261 $227,706
Median Gross Rent $850 $968 $968
Owner Occupancy Rate 90.3% 75.2% 73.3%
Price/Rent Ratio 46.7 30.6 18.7

Market Analysis

The median home value in Boise County is 34.0% above the Idaho state average and 109.1% above the U.S. national average. The median rent of $850/month is 12.2% below the state average.

With a price-to-rent ratio of 46.7, Boise County is a strongly rent-favored market. Home prices are high relative to rents, meaning renting is typically far cheaper than owning in the near term.

Boise County has an owner-occupancy rate of 90.3%, compared to 75.2% in Idaho and 73.3% nationally. This indicates a more homeowner-heavy market than the U.S. average.

Similar Counties by Home Value

CountyStateMedian Home ValueMedian Rent
Ravalli County Montana $476,600 $1,054
Collin County Texas $475,600 $1,859
Archuleta County Colorado $478,100 $1,432
Teller County Colorado $479,900 $1,880
Missoula County Montana $472,100 $1,190

Other Counties in Idaho

CountyMedian Home ValueMedian RentOwner Occ.
Bonner County $487,900 $1,122 78.3%
Ada County $512,300 $1,577 70.8%
Kootenai County $518,700 $1,492 71.3%
Gem County $428,700 $1,038 76.0%
Madison County $414,800 $1,014 40.2%

Data Source: U.S. Census Bureau, American Community Survey (ACS) 2024 5-Year Estimates (2017–2024). Variables: B25077 (Median Home Value), B25064 (Median Gross Rent), B25003 (Tenure). Data collected on 2026-10-14. The price-to-rent ratio is calculated as Median Home Value ÷ (Median Monthly Rent × 12).