First Rate Property Management logo
Facebook icon Twitter icon blog icon google plus icon youtube icon
Recommend this Blog to a friend!  Type in Recipient's email address:
    



Boise Apartments Still Booming

       Moe Therrien with Valbridge Property Advisors recently submitted his quarterly survey.  This is a very thorough report that includes, historic data on rents and vacancy by bedroom count. Additionally, it breaks down apartments from those with full amenities, Boise downtown, and Low Income Housing.

Image result for Boise Apartment constructions

       The data is supported by providing multi-family building permits, Ada County single family home prices, and employment statistics.  Currently, there are just over 2,200 units within the Boise area under construction with another 3,300 proposed to start within the next 6 months. Year to date there are over 2,400 units that have been completed since 2016. The survey is conlcuded with a Boise Vacancy Report reflecting how many vacant units each project has. This report includes Rent Ranges, number of occupied units, total units, and the percent of occupied units at each complex. Boise is still growing very quickly and is projected to continue to grow and remain in high demand among renters. Please see the attached survey from Moe Therrien for additional details. Moe Therrien with Valbridge Property Advisors Survey


 

Tony Drost, President, First Rate Property Management, Inc.

Tony Drost, Chairman
First Rate Property Management, Inc.
Boise, Idaho
Contact me for more information about the Investment Real Estate and Property Rental markets in Boise and Idaho.

 

 

04-23-2018
Tony Drost
Boise Area Rental Market
04-23-2018

  • Property Management
  • Boise Area Real Estate Market
  • Boise Area Rental Market
  • Taxes
  • Interest Rates
  • Boise Real Estate Market
  • Boise and Idaho in the News
  • Deferred property maintenance
  • Rental Property Maintenance
  • Charity
  • Fair Housing
  • Increased rents create parking issues
  • Absolutely Reliable Prediction on Interest Rates
  • CO and Smoke Detectors Do Expire
  • Strong Rental Market
  • Is Your Money Safe?
  • Tony Drost
  • Melissa Sharone
  • Jim Sharone
  • Julie Tollifson
  • Tyler Selee
  • Kurtis Tarbet
  • Kristen Curtis
  • Tyler Brown
  • Tara Pecora
  • Marie Swanson
  • Lizz Loop