Boise vs Nearby Cities
Boise offers one of the more reasonable housing markets in southwest Idaho. The median home value is over $200,000, and the median listing price tends to stay below $300,000. This is an active real estate market and the trends are showing an increase in prices since 2015, but it’s still more affordable than surrounding cities like Eagle. Located just 10 miles to the northwest, this city boasts a median listing price significantly higher than $400,000 with a median home value around $350,000. There are some nearby cities that are more comparable to Boise, including Nampa.
Boise Property Managers
A property manager is your key to elevating the rental experience for your tenants. The right manager will ensure that you offer the most competitive rental rates while overseeing property repairs, tenant screening, maintenance duties and marketing. You can excel as a property owner while enjoying free time and a personal life.
Boise Property Management Fees
A property management service will likely charge a percentage of the rent that you collect each month, and they may add a vacancy fee for each empty unit. It’s important to ask what services are included in the contract because most managers will add fees for services like marketing or the paperwork involved with lease renewals.
Idaho Landlord/Tenant Laws
- Idaho landlords have no state-level restrictions when setting their deposit rates.
- If a landlord fails to return a tenant’s security deposit within 21 days, the tenant may file a civil lawsuit worth up to $5,000.
- Landlords may have up to 30 days to return a security deposit, but the tenant must agree to those terms.