Boise Multifamily Market Report
By CREhunt Research · Data through Q2 2026 · Aggregated from Cushman & Wakefield, CBRE
Quarterly multifamily market indicators for Boise, aggregated by CREhunt from Cushman & Wakefield, CBRE. As of Q2 2026, average asking rent was $1,751.00/unit/mo and vacancy was 4.7%, per Cushman & Wakefield.
Projected current multifamily pricing — Boise
Modeled estimate (income approach) shown as a range — not an appraisal. No market-specific cap rate is published for Boise multifamily yet, so this applies the typical cap rate across comparable multifamily markets — treat it as a rough, indicative range that sharpens as sourced cap rates arrive. Projected asking rent × occupancy × net-operating-income margin band ÷ a benchmark cap rate, from Q2 2026 Cushman & Wakefield asking-rent data (benchmark cap rate 5.1%–6.0%, asking rent held flat). Assumes ~95% occupancy and a 52–65% net-operating-income margin.
| Quarter | Asking rent | Vacancy | Net absorption | Under constr. | Source |
|---|---|---|---|---|---|
| Q2 2026 Cushman & Wakefield | $1,751.00/unit/mo | 4.7% | 1K SF | 2K SF | Cushman & Wakefield |
| Q1 2026 Cushman & Wakefield | $1,701.00/unit/mo | 3.5% | 885 SF | 2K SF | Cushman & Wakefield |
| Q4 2025 Cushman & Wakefield | $1,685.00/unit/mo | 5.0% | 2K SF | — | Cushman & Wakefield |
| Q4 2025 CBRE | $1,637.00/unit/mo | — | — | — | CBRE |
| Q3 2025 Cushman & Wakefield | $1,685.00/unit/mo | 4.2% | 0 SF | 1K SF | Cushman & Wakefield |
| Q2 2025 Cushman & Wakefield | $1,699.00/unit/mo | 4.5% | — | — | Cushman & Wakefield |
Frequently asked questions
- What is the average asking rent for multifamily space in Boise?
- As of Q2 2026, the average asking rent for multifamily space in Boise was $1,751.00/unit/mo, per Cushman & Wakefield.
- What is the multifamily vacancy rate in Boise?
- The multifamily vacancy rate in Boise was 4.7% as of Q2 2026 (Cushman & Wakefield).
- Where does CREhunt's Boise market data come from?
- This report aggregates quarterly multifamily market data for Boise from Cushman & Wakefield, CBRE.