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Market MapBoise City, ID
Metropolitan Area

Boise City, ID

Idaho0
43
/100
Avoid
#810 of 894 metros
Top 90% nationally for investing

Market Snapshot

$479,189
Median Home Price
96% above national median
$1,771/mo
Median Rent
28% above national median
4.43%
Rent-to-Price Ratio
Top 87% nationally
-$1,361
Est. Monthly Cash Flow
With 20% down at 6.9% rate

Price History

Trend based on YoY growth rate. Source: Zillow ZHVI/ZORI

Quick Investment Calculator

20%
5%50%100%

Purchase

Purchase Price$479,189
Down Payment (20%)$95,838
Loan Amount$383,351
Interest Rate6.85%

Monthly Cash Flow

Gross Rent+$1,771
Monthly P&I-$2,512
Est. Expenses (35%)-$620
Net Cash Flow-$1,361/mo
2.9%
Cap Rate (all cash)
-14.8%
Cash-on-Cash Return
4.43%
Rent-to-Price Ratio
Negative leverage: At 6.85% rates, borrowing costs exceed the 2.9% cap rate. All-cash buyers may see better returns.

* Based on metro-wide median values. 35% expenses include taxes, insurance, maintenance, vacancy, and property management. Individual counties and properties vary significantly.

Run Full AnalysisTry House Hack Strategy

Score Breakdown

Overall Investment Score
43/100
43
Cash Flow(30%)
37/100

Based on 4.43% rent-to-price ratio. Higher ratios indicate stronger cash flow potential.

Appreciation(25%)
54/100

Based on 0.0% YoY price growth. Moderate growth (3-8%) scores highest.

Stability(25%)
50/100

Based on 0.0% population growth. Growing areas indicate economic stability.

Affordability(20%)
32/100

Based on price relative to estimated local incomes.

Scores are calculated using real Zillow metro-level home value and rent data, Census population data, and economic indicators. The weighted average produces the overall investment score. This metro score represents area-wide averages; individual counties may vary significantly.

Investment Outlook

Strengths

  • +Low unemployment (0.0%)

Challenges

  • -Below-average rent-to-price ratio (4.43%)
  • -Negative cash flow at typical financing (-$1,361/mo)
  • -Negative leverage (cap rate 2.9% < mortgage rate 6.9%)
  • -High price-to-income ratio makes financing challenging

Counties in Boise City, ID

County data is being compiled for this metro area.

Compare to Similar Metros

Metro AreaVerdict
Wichita, KS
Wichita, KS
63$213,934$1,1656.54%BuyView
Fort Wayne, IN
Fort Wayne, IN
63$246,523$1,1535.61%BuyView
Grand Rapids, MI
Grand Rapids, MI
63$337,506$1,7046.06%BuyView
McAllen, TX
McAllen, TX
63$189,060$1,1247.13%BuyView
Spartanburg, SC
Spartanburg, SC
63$272,736$1,4366.32%BuyView
Current
Boise City, ID
43$479,189$1,7714.43%Avoid

The Bottom Line

AvoidBoise City, ID may be challenging for traditional rentals. High prices or low rents make cash flow difficult. Look for specific counties with better ratios.

The Boise City, ID metro area scores 43/100, ranking #810 of 894 US metros (top 90%). The 4.43% rent-to-price ratio may require targeting specific counties or creative strategies for positive cash flow. Current metro-wide averages make traditional buy-and-hold investing challenging. Consider house hacking, value-add strategies, or drilling down to specific counties.

Monthly Cash Flow
$-1,361/mo
Cap Rate
2.9%
Cash-on-Cash
-17.0%

Ready to Invest in Boise City, ID?

Use our investment calculators to run detailed numbers on specific properties, or explore individual counties for more targeted opportunities.

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