The Southwest Idaho Chapter of NARPM recently published their Quarterly Rental Market Survey for the Boise Metropolitan Area. The purpose of this survey is to show vacancy and rental rate trends among single-family homes and multi-family units in both Ada and Canyon Counties. Survey results are displayed by type (single or multi-family unit) and number of bedrooms (1-bedroom to 5-bedroom units) for the respective county.
The survey participants were property management companies affiliated with the Southwest Idaho Chapter of NARPM and are considered to be a representative sample of the inventory of professionally managed rentals in both Ada and Canyon Counties. Market status was surveyed as of December 31st, 2017, with over 7,500 rental units represented in the survey. The findings reveal the following market conditions: