Boise, ID: The City of Trees
With an estimated 235,684 residents, Boise is the most populous city in Idaho. It also serves as the state’s capital city and the seat of Ada County. Boise is known for its lively music scene, with popular genres such as jazz, indie, and theater music. The city hosts a number of music-centered festivals, including the Gene Harris Jazz Festival and the Treefort Music Fest.
In addition to music, Boise’s performing arts scene is quite vibrant. Performing arts companies located in the city include the Boise Contemporary Theater, Boise Little Theatre, HomeGrown Theatre, the Boise Philharmonic, Ballet Idaho, and more. Notable arts and culture attractions include the Boise Art Museum, the Egyptian Theatre, the Basque Museum and Cultural Center, the Idaho Historical Museum, and the Idaho Black History Museum.
Downtown Boise is particularly popular among residents and tourists alike. The area is home to a variety of shopping and dining options and also displays the city’s Basque heritage. Other major points of interest in Boise include Zoo Boise, the Idaho Aquarium, the Anne Frank Human Rights Memorial, the World Center for Birds of Prey, Boise State University, and Julia Davis Park.
How Is Boise’s Rental Market?
Boise’s housing market is rather expensive compared to many other cities. In fact, Boise boasts a median home listing price of $519,900. This is almost double the national median home listing price. Despite this, Boise does not have a very high renter population. In fact, only 17.2% of the city’s residents rent their homes.
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In terms of rent, tenants in Boise pay an average rent of $1,508. This is significantly higher than the national average, which is $1,097. A whopping 34% of apartments in Boise have rental rates between $1,501 and $2,000 and 11% have rental rates above $2,000. This presents an opportunity for rental property investors and landlords as you can earn a large rental income in Boise.
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Boise also attracts rental property investors because Idaho is a relatively landlord-friendly state. There are only a few laws that limit fees and charges. Additionally, tenants don’t have the ability to withhold rent.
Why Go With a Boise Property Management Company?
When it comes to property management, buying a rental home or unit is only the beginning. A world of landlord duties is waiting on the other side of that purchase. As such, many landlords opt to outsource their job to a Boise rental management company.
A rental management company offers a diverse range of services designed to make your job as a landlord easier. These include advertising your listing, screening tenants, showing your property, collecting rent, preparing the lease agreement, overseeing maintenance and repairs, fielding tenant concerns, and processing evictions when necessary.
You know you need professional rental management if any of the following apply to you:
- You don’t have enough time to manage your rental property.
- You don’t know anything about how to properly manage your rental property.
- Your rental property is located far from where you live or spend most of your time.
- You own multiple rental properties that you can’t juggle all at once.
- Rental management does not interest you.
Taking the Next Step
The search for the best property management in Boise can be tiring. Make sure to start on the right foot with the help of Rental Choice. Our online directory showcases reliable rental management companies in your area. From there, you can learn more information about each company, which will help you make the right choice for your property.