Rental market snapshot for Downtown, Boise City
Downtown rental market summary
The rental market in Downtown, Idaho is showing signs of growth. In July 2023, there were 171 new listings, a significant increase from the previous month. The median rent in July 2023 was $1,713, a 1.8% increase from June 2023. This is a 7.9% increase from July 2022, indicating that the rental market is continuing to grow.
Overall, the rental market in Downtown, Idaho is healthy and growing. With more new listings and increasing median rents, it is an attractive option for renters looking for a place to call home. With the increasing demand, it is likely that the rental market will continue to grow in the future.
Median rent for all residential properties in Downtown
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The most expensive listings and top trending buildings in Downtown
Most Expensive Listings
Address | Rent Price | Bed / Bath |
---|---|---|
419 S 8th St | $3,500 | 1 / 1.0 |
250 E Myrtle St | $2,365 | 2 / 2.0 |
406 S 4th St | $2,358 | 2 / 1.0 |
406 S 4th St | $2,347 | 2 / 1.0 |
250 E Myrtle St | $2,335 | 2 / 2.0 |
Top Trending Buildings
building name | avg rent price |
---|---|
Cardinal Group Mgmt & Advisory | $1,820 |
Greystar Real Estate Partners LLC | $1,724 |
Roundhouse | $1,622 |
Zillow Rental Network | $1,609 |
TableRock Residential | $1,584 |
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Bedroom Breakdown in Downtown
Downtown neighborhood apartments rents
The rental market for studios in Downtown, Idaho is showing signs of growth. In July 2023, there were 19 new studio listings, representing a 3.6% increase in median rent from June 2023. The median rent for studios in July 2023 was $1,465, which is a significant increase from the median rent of $1,414 in June 2023. This indicates that the rental market for studios in Downtown, Idaho is on the rise and is likely to continue to increase in the coming months.
The rental market for 1-bedroom apartments in Downtown, Idaho is relatively stable. In July 2023, there were 22 new 1-bedroom listings, and the median rent for 1-bedroom apartments was $1,618, a decrease of .9% from the median rent in June 2023. This indicates that the rental market is not experiencing any significant changes in the short-term, and that the rental prices for 1-bedroom apartments in Downtown, Idaho are likely to remain steady in the near future.
The rental market for 2-bedroom apartments in Downtown, Idaho is showing signs of growth. In July 2023, there were 28 new 2-bedroom listings, which is a 4.9% increase from the previous month. The median rent for 2-bedroom apartments in July 2023 was $2,070, which is 4.9% lower than the median rent in June 2023. This indicates that the rental market is becoming more competitive, with more options available for renters.