Rent Tracker
Rent Inflation in Boise City, ID
The average asking rent in Boise City, ID is $1,919/month as of 2026-08. That is +6.3% compared to a year ago.
Source: Zillow Observed Rent Index (ZORI) | zillow.com/research
Current Avg Rent
$1,919/mo
as of 2026-08
Year-over-Year Change
+6.3%
24-Month Rent Trend
Monthly ZORI index values for Boise City, ID.
| Month | Avg Asking Rent | Change from Prior Month |
|---|---|---|
| 2026-08 | $1,919 | +0.79% |
| 2026-07 | $1,904 | +1.38% |
| 2026-06 | $1,878 | +1.19% |
| 2026-05 | $1,856 | +0.98% |
| 2026-04 | $1,838 | +0.88% |
| 2026-03 | $1,822 | +1.17% |
| 2026-02 | $1,801 | +1.01% |
| 2026-01 | $1,783 | +0.11% |
| 2025-12 | $1,781 | -0.11% |
| 2025-11 | $1,783 | -0.39% |
| 2025-10 | $1,790 | -0.33% |
| 2025-09 | $1,796 | -0.50% |
| 2025-08 | $1,805 | +0.00% |
| 2025-07 | $1,805 | +0.61% |
| 2025-06 | $1,794 | +0.90% |
| 2025-05 | $1,778 | +1.02% |
| 2025-04 | $1,760 | +0.57% |
| 2025-03 | $1,750 | +0.69% |
| 2025-02 | $1,738 | +0.52% |
| 2025-01 | $1,729 | +0.17% |
| 2024-12 | $1,726 | -0.40% |
| 2024-11 | $1,733 | -0.80% |
| 2024-10 | $1,747 | -0.46% |
| 2024-09 | $1,755 | — |
Why Rent Inflation Matters
Shelter is the single largest component of the official CPI, accounting for roughly one-third of the index. But the BLS shelter index tends to lag real-market rent changes by 12–18 months because it measures rents paid by all tenants — including long-term renters locked into old leases. ZORI measures asking rents for new leases, making it a timelier signal of where CPI shelter inflation is headed.
When ZORI is rising sharply in your city, it is a leading indicator that official shelter inflation — and therefore overall CPI — will remain elevated in coming months.
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Data Source
Rent data uses the Zillow Observed Rent Index (ZORI), a smoothed measure of typical market-rate asking rents updated monthly by Zillow Research. ZORI covers single-family homes, condos, and co-ops and reflects asking rents for new leases — making it a more timely indicator than the lagged BLS shelter index. zillow.com/research | Money & Prices