Housing market/Idaho/ZIP 83702

ACS 2023 · FY2027 SAFMR

ZIP 83702 Boise, Idaho

Boise City, ID HUD Metro FMR Area · Idaho. Census housing stock, renter economics, HUD SAFMR, LIHTC, and population change. Not a listing page and not a buy/sell score.

Population
23,981
Households
11,768
Median HH income
$82,586
Renter share
48.6%
Median gross rent
$1,175
Vacancy
7.8%
Pop. change
+7.2%
2BR SAFMR
$1,500
SAFMR / rent
1.277×
2–49 unit stock
4,015
LIHTC proj / units
13 / 930
HUD assisted MF
4 / 201

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 83702 · ID — sent to you.

ZIP 83702 · ID

ACS median rent$1,175
2BR SAFMR$1,500
90% floor$1,350
110% ceiling$1,650

ACS median is all-bedroom occupied rent. SAFMR is the 2-bedroom HCV benchmark.

Housing stock

ACS 2023 units-in-structure · ZCTA 83702

  • 1-unit detached7,09455.5%
  • 1-unit attached3192.5%
  • 2–4 units1,90014.9%
  • 5–49 units2,11516.6%
  • 50+ units1,27410.0%
  • Mobile690.5%
TypeUnitsShare
1-unit detached7,09455.5%
1-unit attached3192.5%
2 units (duplex)6314.9%
3–4 units1,2699.9%
5–9 units7616.0%
10–19 units5564.4%
20–49 units7986.2%
50+ units1,27410.0%
Mobile690.5%

2–4 unit share 14.9% · 5–49 unit share 16.6% · combined 2–49 31.4%.

Units by bedrooms

Studio
763
1BR
2,599
2BR
3,598
3BR
2,945
4BR
2,093
5+
773

Rent burden

Rent ≥30% of income37.1%
Rent ≥50% of income19.1%
  • ACS median gross rent $1,175 (all bedrooms, occupied rentals).
  • Median contract rent $1,092.
  • Renters paying ≥30% of income 37.1%; ≥50% 19.1%.
  • FY2027 2BR SAFMR $1,500 (1.277× ACS median gross rent).

Population

23,981 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: +7.2%.

ACS 5-year estimates lag current construction. This is not a forecast.

Assisted inventory

  • LIHTC: 13 projects, 930 units.
  • HUD project-based assisted MF: 4 properties, 201 assisted units.
  • HCV household counts (Picture of Subsidized Households) are not on this page yet.

New apartment permits

About 526 new apartments in 5+ unit buildings may have been permitted in this ZIP’s share of the county. That is units (doors), not a building count.

Cities and counties report building permits to the Census. Apartment counts are for the whole county, not a project list in this ZIP.

What the data shows

ZIP 83702 48.6% of occupied households are renters; vacancy is 7.8%; ACS median gross rent is $1,175; population increased +7.2% between the 2018 and 2023 ACS vintages; the housing stock includes 1,900 units in 2–4-unit structures and 2,115 units in 5–49-unit structures; 13 LIHTC projects totaling 930 units; FY2027 2BR SAFMR is $1,500 versus ACS median gross rent of $1,175. These figures describe the underlying housing market, not the cash flow of any one property. Asking rents, expenses, condition, taxes, insurance, and the rent roll have to be underwritten separately.

Idaho research

ZIP 83702 is a Census / HUD profile for Boise City, ID. Not a listing page. Brokerage is Georgia; out-of-state work is referral.

Nearby ZIPs in this FMR area

Census ZIP areas approximate mail ZIPs. Sources: Census ACS 5-year 2023, HUD FY2027 Small Area FMR, HUD LIHTC and assisted multifamily lists, Census building permits (county). This page is Idaho research. Brokerage is Georgia.

FAQ

What is the housing market like in ZIP 83702?

ZIP 83702 (Boise City, ID HUD Metro FMR Area) has 23,981 residents, 11,768 households, a renter share of 48.6%, median household income of $82,586, and ACS 2023 median gross rent of $1,175. Vacancy is 7.8%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 83702?

ACS counts 631 units in 2-unit buildings, 1,269 in 3–4 unit buildings, 761 in 5–9, 556 in 10–19, and 798 in 20–49. Combined 2–49 unit stock is 4,015 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 83702?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,500. See the full schedule and 90–110% payment-standard band on the ZIP 83702 — Boise, ID HUD Section 8 Payment Standards / SAFMR.

Does this Idaho ZIP profile include Georgia listings?

No. ZIP 83702 is Census / HUD research for Boise City, ID HUD Metro FMR Area. Jeff Crowe CRE does not list Idaho property. Licensed brokerage is Georgia. If you use this stock table and then buy in Georgia, live FMLS Residential Income is on multifamily for sale in Georgia.