MARKET SNAPSHOT Boise q3 2025

Market Overview

‍The multifamily market in Boise is entering a phase of improved equilibrium, with average asking rent near $1,600 per unit and occupancy at 94.7%. Through Q3 2025 year-to-date net absorption reached about 6,902 units while only approximately 3,171 units completed, indicating demand is outpacing supply. With the under-construction pipeline shrinking, the region appears well-positioned for moderate rent growth ahead.

‍About MMG

‍MMG Real Estate Advisors is a U.S.-based multifamily research and advisory firm focused on metro-level rental-housing markets. Their Boise Q3 2025 market report brings together detailed data on rent trends, occupancy, absorption, deliveries and pipeline dynamics to help owners, developers and investors assess timing, risk and strategic positioning. To read the full report, click here.