What's a good cap rate in Boise?

In Boise, cap rates typically run around 6.5% (Idaho state median). A deal above that line is outperforming the local market; below it, you're paying up for appreciation or stability. TrueCap shows where any specific Boise deal lands versus this benchmark.

What's the average rent for a rental in Boise?

A typical rental in Boise runs about $1,655–$2,318/mo (HUD Fair Market Rent, 2–3BR). TrueCap auto-fills HUD Fair Market Rent for the exact address you enter.

What is the property tax rate in Idaho?

Idaho's effective property tax rate is about 0.67% of value per year — the figure TrueCap applies by default for Boise deals. You can override it with the exact local rate.

Boise, ID

Boise rental property analysis

Boise was a pandemic-era growth darling — heavy in-migration pushed prices up, leaving an appreciation-led market with modest day-one yields.

Boise market snapshot

Balanced market

Mid-range cap rates — cash flow and appreciation are both realistically on the table.

Typical cap rate

6.5%

Idaho state median

Typical rent

$1,655–$2,318/mo

HUD FMR · 2–3BR · 2026

Typical price

$400,000–$520,000

est., all-in

Property tax

0.67%

Idaho effective

Rent is HUD Fair Market Rent where available, otherwise a market estimate; price is a market estimate. Cap-rate and tax are the defaults TrueCap applies — enter a specific address for exact, auto-filled numbers.

Sources & methodology. These are screening defaults and market estimates — not an appraisal, and not financial, tax, or legal advice. Verify rents, taxes, insurance, and local landlord/tenant law against the county assessor and your state's landlord-tenant statute before relying on them.

Data: HUD Fair Market Rent · FRED 30-yr mortgage rate · Tax Foundation (property tax) · Updated June 2026

Metro-level estimates — precision is lower at the neighborhood and parcel level; pull a specific address for exact, auto-filled figures. Reviewed by the TrueCap team. See our full methodology.

Is Boise a good place to buy rentals?

Demand and rent growth are real, but cash flow is tight at current prices. A longer-hold appreciation play with reserves, not a yield market.

See the full Idahoinvesting guide — taxes, landlord law & top metros →

Neighborhoods to look at in Boise

Nampa

More affordable, family renters, better ratios.

Caldwell

Value and growth west of Boise.

Meridian

Top schools, low vacancy, premium suburb.

Neighborhood notes are starting points, not recommendations — always underwrite the specific property.

Run a Boise deal in 60 seconds

Paste a Boise address into TrueCap and get cap rate, cash-on-cash, DSCR, cash flow, and a 10-year projection — auto-filled with Idaho tax and HUD rent so you start from the right assumptions.

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