Boise Office Market Report

By CREhunt Research · Data through Q2 2026 · Aggregated from Cushman & Wakefield

Quarterly office market indicators for Boise, aggregated by CREhunt from Cushman & Wakefield. As of Q2 2026, average asking rent was — with a 4.7% vacancy rate.

Projected current office pricing — Boise

Projected asking rent
$23.00/SF/yr
Estimated sale value
$196–$255/SF

Modeled estimate (income approach) shown as a range — not an appraisal. Projected asking rent × occupancy × net-operating-income margin band ÷ market cap rate, from Q1 2026 Cushman & Wakefield data (cap rate 5.3%, asking rent held flat). Assumes ~89% occupancy and a 5065% net-operating-income margin.

QuarterAsking rentVacancyNet absorptionUnder constr.Source
Q2 20264.7%0K SFCushman & Wakefield
Q1 2026$23.00/SF10.6%11K SFCushman & Wakefield
Q4 20253.5%0K SFCushman & Wakefield
Q4 201911.6%0K SFCushman & Wakefield

Frequently asked questions

What is the average asking rent for office space in Boise?
CREhunt aggregates office asking-rent data for Boise from major brokerage market reports; see the quarterly table for the latest available figures.
What is the office vacancy rate in Boise?
The office 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 office market data for Boise from Cushman & Wakefield.