The Boise area apartment segment is a young and exciting market that is expected to continue growing exponentially. The state of Idaho has received a number of awards in recent years, but most notably the US Census Bureau ranked Idaho as the fastest-growing state by population in 2016. Boise was also recently ranked #1 as America’s fastest-growing city by population growth in 2017 by Forbes Magazine.
This study helps apartment developers, investors, and owners gain deeper insight into the fundamentals driving the market’s growth, and also provides guidance for making wise and profitable investment decisions.
Within the study, you will find an aggregation of data for Ada County (including Boise, Meridian and Eagle) and corresponding insights on the following topics:
» Unit Mix & Vacancy Rates
» Rents & Occupancy by submarket
» Market rents vs. Square feet
» Regional Employment Trends
In this study, we focus our attention on apartment buildings in the Ada County area. We sourced much of the information through the Ada County Apartment Survey, CoStar™ and city construction reports. We invite you to use this study as a tool and a reference. Of equal importance, please call us to discuss your apartment investment needs and goals. Let us turn our expertise into your profit!