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Idaho Real Estate Market Trends 2026

450000

Median Price
Vacancy Rate %

5.8

Population

1964726

Population Growth %

2.1

Home Price YoY % Change

-0.5

Average Cap Rate %

5.2

Rent Yoy % Growth

-1.5

Median Rent

1100

Market Overview

Idaho's real estate market in 2026 features a median home price of $450,000, reflecting a -0.5% year-over-year change. The rental market shows declining rents with a median one-bedroom at $1,100/month and two-bedroom at $1,320/month (-1.5% YoY). With a population of 2.0M that is rapidly growing, Idaho represents a mid-range market with strong rental demand. The vacancy rate of 5.8% is near the national average (national: 7.2%). Top investment cities include Boise, Meridian, Nampa, Idaho Falls, Coeur d'Alene. Idaho is considered landlord-friendly in terms of rental regulations.

Top Investment Cities

Boise, Meridian, Nampa, Idaho Falls, Coeur d'Alene

Investment Outlook

Idaho's market offers an average cap rate of 5.2%, typical of mid-range markets. Strong population growth supports long-term appreciation potential, offsetting lower initial yields. The high rental demand in Boise and Meridian provides the strongest opportunity for consistent occupancy and rent growth.

Key Takeaways for 2026

Median home price: $450,000 (-0.5% YoY)
Average rent: $1100-$1320/mo
Cap rate: 5.2%
Vacancy: 5.8%
Population growth: +2.1%
Demand: High
Regulation: Landlord-Friendly

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