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RentData.org Logo Boise City Fair Market Rent FY 2018 Boise City, ID HUD Metro FMR Area Rental Data

Fair Market Rent Prices in Boise City, ID :
$552 $676 $866 $1,251 $1,456
Studio / Efficiency 1-Bedroom 2-Bedroom 3-Bedroom 4-Bedroom
0-BR 1-BR 2-BR 3-BR 4-BR
Moderate 40th Percentile Metro Area

Fair Market Rent prices in Boise City are high compared to the national average. This FMR area is more expensive than 85% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Boise City is $866 per month.

The previous year, rent for a two-bedroom home was $807 per month. This is a 7.31% increase year-over-year.

This FMR rate applies to Banks, ID, Huston, ID, Murphy, ID, Lowman, ID, Bruneau, ID, Notus, ID, Grand View, ID, Idaho City, ID, Greenleaf, ID, Horseshoe Bend, ID and other cities within the region. The Metro Code or CBSA code for this region is METRO14260M14260.

Additionally, This Fair Market Rent (FMR) area Boise City, ID HUD Metro FMR Area spans four counties or cities in Idaho which ares listed in the table below. Estimated population of Boise City, ID HUD Metro FMR Area FMR area is 599,842 people based on 2010 Census data.

Compared to the rest of Idaho, the Boise City FMR area is more expensive than 92% of the state.

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What is Fair Market Rent?

Fair Market Rent is determined each fiscal year by the HUD and is used to set payment standards for federal housing assistance programs in Boise City. Fair Market Rent is the 40th-percentile of typical rentals in a given region. Learn more

Median Rent Prices in Boise City

To compute the 40th percentile of rent prices the HUD must determine the median or 50th percentile as well. 50th percentile rent prices are NOT fair market rents (unless otherwise noted as a 50th percentile designated region above). However, some home owners or rents may be interested in the median rent prices as well.

50th Percentile Rental Prices:
0-BR Studio / Efficiency $ 580
1-BR 1-Bedroom $ 711
2-BR 2-Bedroom $ 910
3-BR 3-Bedroom $ 1314
4-BR 4-Bedroom $ 1530
Change Year:

The counties, cities, towns, and regions listed below fall into the Boise City, ID HUD Metro FMR Area FMR area and have the same Fair Market Rent prices which are listed above. This FMR area covers one metro area: Boise.

County / Region Est. Population
Ada County, ID Metro 392,365
Boise County, ID Metro 7,028
Canyon County, ID Metro 188,923
Owyhee County, ID Metro 11,526
Zip Codes in Boise City, ID HUD Metro FMR Area

There are 52 unique zip codes in this Fair Market Rent (FMR) area:

83602, 83604, 83605, 83606, 83607, 83616, 83622, 83624, 83626, 83628, 83629, 83630, 83631, 83634, 83637, 83639, 83641, 83642, 83644, 83646, 83650, 83651, 83652, 83653, 83656, 83660, 83669, 83676, 83680, 83686, 83687, 83701, 83702, 83703, 83704, 83705, 83706, 83707, 83708, 83709, 83711, 83712, 83713, 83714, 83715, 83716, 83717, 83719, 83720, 83725, 83726 and 83728

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