Safe Rate Local

Boise

Learn about the people, housing, costs and businesses in Boise

Median Home$494,856
Median Rent$1,629/month
Population811,115
Leading IndustriesWholesale Trade · Education · Transportation10% wholesale trade
Home Value Growth+9.9% over 2 years
Family-Friendly23% of residentsnear the national average
Homeowners73% of occupied units
NotableHighly Educated24% hold a bachelor's degree · top 20% nationally
NotableHigh Incomes$91k/year · top 23% nationally
Boise City

Frequently Asked Questions

What are today's mortgage rates in Boise?

Mortgage rates for Boise are updated daily on Safe Rate using live investor pricing. Rates depend on your credit score, loan type (Conventional, FHA, VA, Jumbo), and down payment. A 30-year fixed rate is the most common product for home purchases.

View current rates for Boise
What is the median home price in Boise?

The median home value in Boise is $495k. The median monthly rent is $1,629. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Boise?

Home values in Boise have increased 9.9% over the past two years. This represents moderate growth. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Boise?

Based on a typical all-in ownership cost of $1,461/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $63k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Boise is $91k/year.

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What industries drive the economy in Boise?

The largest employment sectors in Boise are public administration (22%) and healthcare (12%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.