Discover the Latest Boise Rent Trends
Q2 2026 Market Insights for Single Family Homes
Explore the evolving dynamics of the Boise rental market as we delve into the latest trends and insights for single family homes. Understand how the market has adjusted and what this means for renters and landlords alike.
Treasure Valley Rent Trends Overview
The story has changed considerably since our Q1 report.
Earlier this year we noted that asking rents were increasing while days on market were also climbing, even with lower inventory. At the time, it appeared many landlords were testing the upper limits of the market, but renters weren’t following.
As we moved through Q2, that imbalance largely corrected itself.
Across most Treasure Valley markets, days on market declined significantly while average asking rents remained stable or continued to increase. That’s generally what we’d expect heading into the strongest leasing season of the year.
The takeaway is that the market appears to have found pricing that renters are willing to support. While individual properties can still underperform if they’re overpriced or don’t compare well against competing homes, the overall market feels much healthier than it did just a few months ago.
Boise Home Rent Trends Q2 2026
Boise continues to post some of the strongest rent growth in the Treasure Valley.
Average asking rents throughout Q2 generally held between $2,450 and $2,500 before increasing sharply in July, reaching nearly $2,600 by the end of the month. That places Boise roughly $300 above the same time last year.
More importantly, the market corrected itself after a sluggish first quarter. Days on market improved from the low 50s in early April into the upper 30s by June while available inventory remained relatively consistent around 200 to 230 homes.
Unlike Q1, higher asking rents are no longer being accompanied by increasing vacancy. Instead, the market appears to be absorbing the higher pricing much more efficiently.
Eagle Market Volatility in Q2
Eagle continues to be the Valley’s most volatile market.
Average asking rents climbed throughout Q2, moving from roughly $2,700 in early April to over $3,000 by July. While weekly averages fluctuate more in Eagle because of its smaller sample size, the overall trend remains positive.
Days on market also improved from the upper 60s during April into the upper 30s and low 40s for much of late May and early June before increasing again later in June and July.
Inventory has remained limited, generally ranging between 30 and 40 available homes before increasing modestly toward the end of the quarter.
While Eagle still experiences larger week to week swings than other cities, Q2 showed a much healthier balance between pricing and leasing activity than we observed earlier this year. However, the increased rents in July are accompanied by an increase in days on market and supply, showing that the market may not be supporting these premiums.
Meridian's Stable Rental Market
Meridian continues to be one of the most stable rental markets in the Treasure Valley.
Average asking rents held remarkably steady throughout Q2, remaining very close to $2,500 for nearly the entire quarter while finishing July with another increase.
Days on market improved into the upper 20s and low 30s during late May and early June before settling in the mid 30s. Inventory also remained consistent, generally ranging between 135 and 155 available homes.
Meridian continues to demonstrate one a healthy supply and demand. Stable pricing, relatively low vacancy times, and consistent inventory all point toward a market that’s performing as expected during peak leasing season.
Star's Market Improvements in Q2
Significant Gains in Star's Rental Market
Star experienced one of the biggest improvements from Q1.
Earlier this year, days on market frequently ranged between 50 and 70 days despite limited inventory. Throughout Q2 that picture changed dramatically.
Days on market steadily declined, reaching the teens by late June and remaining very low through July. At the same time, average asking rents generally held between $2,575 and $2,650 while inventory stayed limited.
This indicates that demand strengthened considerably as the spring leasing season progressed. Homes that are properly priced are leasing much faster than they were just a few months ago.
As we’ve mentioned in previous reports, Star remains somewhat unique because build to rent communities continue to represent a significant portion of the available inventory. Those developments can have a meaningful impact on pricing strategy, making local market knowledge especially valuable when determining where an individual rental should be positioned.
Data Collection Insights
Methodology Overview
We created this market update to give single family home data the spotlight it deserves. Most rental reports combine single family and multifamily housing into one dataset or summarize the entire Treasure Valley as a single market. While that can be helpful at a high level, it often misses what’s happening in individual cities.
Our insights are based on publicly available Zillow rental listings combined with our own boots on the ground observations managing single family homes throughout the Treasure Valley.
Note: This information is provided for educational purposes only and should not be considered investment advice.
Source: Zillow