Boise, ID Multifamily Market Report | MMG Real Estate Advisors | Q1 2026

Market Overview
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Boise's multifamily market entered mid-2026 at a constructive inflection point, with average effective rents reaching $1,610, up 2.3% year-over-year, while stabilized occupancy of 93.7% improved 30 basis points annually. Demand momentum accelerated as Q1 2026 absorption of 516 units nearly doubled the prior quarter's 286 units, and trailing 12-month absorption of 2,118 units outpaced the 1,397 units delivered. The active pipeline of 1,696 units (3.8% of inventory) is rebuilding after a 60% drop in trailing completions, with Meridian's 892 units under construction representing the market's most significant near-term supply risk. NOTE: The full report requires submitting contact information through a download form; the description above reflects publicly visible market snapshot data only.

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About MMG Real Estate Advisors

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MMG Real Estate Advisors is a multifamily investment sales and research firm tracking apartment market fundamentals across the Southeast, Midwest, and beyond. Their Q1 2026 Boise multifamily market snapshot tracks rent, occupancy, absorption, and supply trends to help owners and investors assess market timing. To read the full report, click here.