Rental market snapshot for Harris Ranch, Boise City
Harris Ranch rental market summary
The rental market in Harris Ranch, Idaho is showing signs of growth. In July 2023, there were 36 new listings, indicating an increase in demand for rental properties. The median rent in July 2023 was $2,575, a 6.4% decrease from the previous month. This decrease is likely due to the influx of new listings, as more properties become available, the competition for tenants drives prices down.
The median rent in July 2023 was 14.2% lower than it was in July 2022, indicating that the rental market in Harris Ranch has become more affordable over the past year. This could be due to a combination of factors, such as an increase in the number of rental properties, a decrease in demand, or a combination of both. Regardless, the rental market in Harris Ranch is becoming more affordable, making it an attractive option for renters.
Median rent for all residential properties in Harris Ranch
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The most expensive listings and top trending buildings in Harris Ranch
Most Expensive Listings
Address | Rent Price | Bed / Bath |
---|---|---|
4973 E Woodcarver Dr | $4,150 | 3 / 3.0 |
3973 E Parkcenter Blvd | $3,850 | 3 / 2.5 |
2976 S Old Hickory Way | $3,675 | 5 / 2.5 |
2780 S Perrault Way | $3,595 | 3 / 3.0 |
2956 S Old Hickory Way | $3,500 | 3 / 2.5 |
Top Trending Buildings
building name | avg rent price |
---|---|
TableRock Residential | $1,703 |
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Bedroom Breakdown in Harris Ranch
Harris Ranch neighborhood apartments rents
The rental market for studios in Harris Ranch, Idaho is relatively stable. In February 2023, there was only one new studio listing, indicating that the market is not experiencing a large influx of new properties. The median rent for studios in February 2023 was $1,460, which is a 1.7% increase from the median rent in January 2023. This suggests that the rental market for studios in Harris Ranch is slowly increasing, but not at a rapid rate.
The rental market for 1-bedroom apartments in Harris Ranch, Idaho is showing signs of growth. In July 2023, there were 3 new 1-bedroom listings, indicating an increase in demand for rental units. The median rent for 1-bedroom apartments in July 2023 was $1,695, which is 8.7% lower than the median rent in June 2023. This suggests that the rental market is becoming more competitive, with landlords offering lower prices to attract tenants. Overall, the rental market for 1-bedroom apartments in Harris Ranch, Idaho is looking positive.
The rental market for 2-bedroom apartments in Harris Ranch, Idaho is showing signs of stability. In July 2023, there were two new 2-bedroom listings, and the median rent for 2-bedroom apartments decreased by 3.2% from June 2023 to July 2023, from $2,246 to $2,175. This suggests that the rental market is not experiencing any significant changes in the short-term, and that the rental market is likely to remain stable in the near future.