Rent to own Homes in Boise, ID
Boise, Idaho, is the third-largest city in the Pacific Northwest, coming in behind only Seattle and Portland and growing fast. From the trademark blue playing field of Boise State University to the Spanish Colonial-inspired tower on the Boise Union Pacific Rail Station, this city has a personality all its own. Mountain vistas are impossible to ignore, as breathtaking scenery surrounds every visitor and resident on a daily basis. One of the original stops along the Oregon Trail, life here is pleasant and fulfilling, continuous appearances across many 'Best Places to Live' lists attest.
Boise, ID is a great place for affordable rent-to-own homes! With a median household income of over $63,778 and a median rent of $1,009, the Boise, ID rent-to-own market is more affordable than the traditional housing market which has shown tremendous growth across the U.S. and with it, aggressive competition for home purchases. With the current housing shortage trend it can make it harder to become a homeowner, including in Boise, ID. This means higher than average down payments for homes and higher qualification standards for conventional home loans. With a rent-to-own property, tenants are also buyers. You can live in the house for a set amount of time before you purchase it, meaning that you get to know the house, your neighbors, and your community before making the final purchase. This enables you and your family to make the right choice based on both information and experience. Rent-to-own is also a great alternative way to get into a home if you have bad credit or don't have enough saved for a down payment.
More Boise, ID Property Resources
Rent to own Homes in Cities Near Boise, ID
Neighborhoods in Boise, ID
West Downtown rent to own homes Boise Heights rent to own homes Central Bench rent to own homes Central Rim rent to own homes Sunset rent to own homes Depot Bench rent to own homes Downtown rent to own homes East End rent to own homes Franklin - Randolph rent to own homes Harris Ranch rent to own homesBuying a Home in Boise, ID
Boise, ID is seeing rapid growth and Boise, ID's' housing market remains not optimal with an average home price that is 30% above the 2026 national average. Boise, ID is part of Ada county and taxes are an important factor to consider when purchasing a home whether through rent to own or a traditional purchase. The average tax rate as of 2026 for county Ada is 0.76% which is below the national average, which is 0.99%.
Median Home Price in Boise, ID
Median Rent in Boise, ID
Top Reasons to Live in Boise ID
Housing Statistics Real estate in Boise is plentiful and reasonably priced by national standards. In February of 2012 and 2013, statistics show an average of 435 closed sales. The average sale price and median sale price have increased in the last year significantly. In 2013, the average home sale price jumped from $181,000 to $210,000 while the median increased from $155,000 to $181,000; this is about 16 percent for both categories in a one-year period. Boise is growing; there is no doubt about that. Vacancy is low is Boise; people don't move away. The city is known for its sense of community, and the residents here are a close-knit bunch. With a 5.33 percent vacancy rate for apartments, you will have to be patient and wait for the right opportunity. If you're not set on an apartment, there is a large selection of rent to own homes and townhouses near the city.
Largest Employers and Industries Boise is the land of opportunity when it comes to employment. Of the 20 lowest unemployment rates in the country, the Northern Midwest and Pacific Northwest states contain nine of those spots. Idaho currently comes in at 19th in the nation. The largest employer by far is the city itself with over 14,000 employees. Boise State University is a large local employer. Wells Fargo has a customer care center in the city that employs over 2,200 residents. HP has over 3,000 employees. Simplot, which has a multi-million-dollar building project underway, employs 3,400 residents working to improve the infrastructure of the city. Due to success in recent times, the city lowered both corporate and individual taxes in 2012.
School Systems The Boise school district includes 31 elementary schools alone. There are eight junior high, five high school campuses, and two specialty schools within the city limits. Peak enrollment was reach in 1997 with over 27,000 students. Four high schools in Boise have been rated among the best in the U.S -- just another reason the city is gaining a reputation as one of the best places to raise a family. Boise State University is one of the premier colleges in the country, and the University of Idaho and Idaho State University both maintain satellite campuses in the city.
Neighborhoods There aren't really any bad neighborhoods in Boise, and there is plenty of residential opportunity. If you're looking for apartments, family homes, condominiums, or town homes, all are available in a broad range of neighborhoods to suit your specific tastes.
