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Boise Area Vacancy Fall Update

Below is FRPM's vacancy rate.  For the past month we have had less than 1% vacancy and our average for the year is currently 1.15%.  About this time every year we remind everyone that by design, we do everything we can so not to have leases expire during the winter months.  For now, the multi-family properties continue to fil up quickly.  We are seeing a little slow down on the single family.  The closer we get to the holidays the slower it gets.  So our leasing team will be watching and contacting owners if we see extended rent up times. Now is not the time to push aggressive rents on single family homes.


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

Tony Drost, President
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.

10-12-2016
Tony Drost
Boise Area Rental Market
10-12-2016

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