Idaho Rent Trends (2026)

Cooling

Idaho has seen dramatic growth now showing signs of stabilization

+7.5%
Year-over-Year
+65%
5-Year Change
$1,620
Current Avg 2BR
$1,742
Projected 2027

Idaho Market Outlook: Cooling

Idaho has seen some of the nation's fastest rent growth as migration increased dramatically. Boise prices have risen significantly, though they remain below West Coast levels. Twin Falls and Idaho Falls offer more affordable alternatives.

Rent growth is moderating after rapid increases

Key Factors

  • Cost of Living Index: 97 (below national avg)
  • Housing Index: 105
  • Metro Areas Tracked: 1
  • Rent Range: $1,620 - $1,620

Idaho Rent History & Projections

2021 (Est.)
$982
5 years ago
2026 (Current)
$1,620
today
2027 (Proj.)
$1,742
+7.5%
2031 (Proj.)
$2,326
if trend continues

Note: Projections are estimates based on current trends and may vary based on economic conditions, policy changes, and market dynamics. Past performance does not guarantee future results.

Idaho Cost of Living Breakdown

Near average but rising rapidly

97
Overall Index
105
Housing
88
Utilities
95
Groceries
95
Transportation

Index values: 100 = national average. Below 100 = cheaper than average. Above 100 = more expensive.

Idaho Metro Areas by Rent

Compare rent across 1 Idaho cities

CityStudio1 Bed2 Bed3 Bedvs State Avg
Boise, ID$1,148$1,350$1,620$2,0930%

Tips for Idaho Renters

Negotiate Rent

In a cooling market, landlords may be more willing to negotiate on rent or offer concessions like free parking or reduced deposits.

Take Your Time

With less competition, you have more time to find the right place. Compare multiple options and don't settle for the first property.

Consider Alternatives

Idaho's cheapest city (Boise) offers 2BR at $1,620/mo vs $1,620/mo in Boise.

Factor in Total Costs

Remember that Idaho's cost of living index is 97. Lower rent plus lower overall costs means more purchasing power.