2025 Boise Rent Trends – Q1

Single Family Homes

Boise Rentals: A Closer Look

This year started slow for Boise rentals. January’s median rents came in $50–$100 lower than the same month in 2022, 2023, and 2024. February brought an increase, though rents still trailed previous years.

Then came March. Instead of continuing the upward trajectory, rents dipped slightly from February. But in the latter half of the month, they bounced back and are now exceeding February levels indicating we may be moving into that busier spring/summer timeframe. Days on market and available inventory remain largely unchanged from this time last year.

Eagle: The Enigma

Eagle’s single-family median rents surged in early spring 2024, peaking at over $3,100. As one of the smaller rental markets in the Treasure Valley, Eagle typically has about 20% of Boise’s active inventory. It also has many areas with newer builds, and some that are more established so depending on where the majority of the rental listings are we can see a swing in median rents.

2025 opened with softer rents. January, February and March all landing at $2,750. Compared to last March, days on market are down, while supply has increased. This may look gloomy, but when we zoom in to each neighborhood, we’re seeing the listings showcasing similar rents as last year. There’s just a larger volume of rents in some of the areas where rents tend to be a little less, and fewer rentals available in the areas that account for higher rents.

Meridian: Consistency Wins

January rents held steady with 2022 and 2023, coming in slightly below 2024. February saw a solid jump, and March has since leveled off. But the real standout metric? Days on market and inventory.

In Q1 2024, properties sat for 55–65 days, peaking in April. Available rentals hovered around 210 for most of the quarter. Q1 2025, however, has been a different game. Days on market started in the low 40s and dropped into the high 30s by March. Inventory also began just below last year’s levels and ended the quarter at 150 listings.

Star: One to Watch

Star’s rental market kicked off 2025 with lower median rents than the past three years—and has stayed steady throughout Q1.

The real shake-up? Days on market. In 2024, Q1 rentals sat for 85–100 days. In 2025? Mid-40s. On the flip side, available inventory started out much higher this year (80 listings) but dropped closer to 2024 levels by March, finishing in the mid-40s-low 50’s.

At the time of writing, 49 single-family homes are available for rent in Star. Of those, 23 are listed by AMH in two build-for-rent communities. This makes Star an outlier—almost half its rental market is tied to large-scale, institutional landlords.

Because of this, we have to take some of these numbers with a grain of salt. Case in point: In November, days on market appeared to plummet from 51 to 18 overnight. Was it a sudden flood of new renters? Unlikely. More likely, the build-for-rent communities refreshed their listings, resetting days on market without actually changing inventory.

Key Takeaway

This quarter’s rent data points to a market that’s steady and slowly pulling out of the quieter winter months. While we’re seeing slightly softer rents compared to early 2024, the shifts are minor—and expected for a long, snow-filled winter. Inventory is tightening in places like Meridian, renters are waiting for the right fit, and markets like Star continue to be shaped by unique build-to-rent dynamics.

At Iron Creek Property Management, tracking this data isn’t just a habit—it’s a tool we use daily to help owners price their rentals smartly and fill them faster. Our finger is on the pulse of the Treasure Valley rental market, and we know how to turn market trends into real results.

If you own a rental in Boise, Meridian, Eagle, or Star and want expert pricing guidance or support managing your property, we’d love to help.

About the Data

We created this market update to give single-family home data the spotlight it deserves. Most rental reports lump single-family and multi-family data together or generalize the entire Treasure Valley into a single point. While helpful for high-level views, it’s less actionable for specific markets.

Our insights are based on publicly available Zillow listings and rental data, combined with boots-on-the-ground observations.

Note: This information is for educational purposes only and not intended as investment advice.

[SOURCE: Zillow]

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