Housing market/Idaho/ZIP 83705

ACS 2023 · FY2027 SAFMR

ZIP 83705 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
27,542
Households
12,406
Median HH income
$62,605
Renter share
45.2%
Median gross rent
$1,166
Vacancy
6.2%
Pop. change
-1.0%
2BR SAFMR
$1,500
SAFMR / rent
1.286×
2–49 unit stock
3,424
LIHTC proj / units
4 / 333
HUD assisted MF
5 / 167

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 83705 · ID — sent to you.

ZIP 83705 · ID

ACS median rent$1,166
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 83705

  • 1-unit detached7,90759.8%
  • 1-unit attached1,0407.9%
  • 2–4 units1,78913.5%
  • 5–49 units1,63512.4%
  • 50+ units4563.4%
  • Mobile4013.0%
TypeUnitsShare
1-unit detached7,90759.8%
1-unit attached1,0407.9%
2 units (duplex)5294.0%
3–4 units1,2609.5%
5–9 units8576.5%
10–19 units4613.5%
20–49 units3172.4%
50+ units4563.4%
Mobile4013.0%

2–4 unit share 13.5% · 5–49 unit share 12.4% · combined 2–49 25.9%.

Units by bedrooms

Studio
389
1BR
1,157
2BR
5,309
3BR
4,461
4BR
1,464
5+
448

Rent burden

Rent ≥30% of income53.4%
Rent ≥50% of income26.2%
  • ACS median gross rent $1,166 (all bedrooms, occupied rentals).
  • Median contract rent $1,054.
  • Renters paying ≥30% of income 53.4%; ≥50% 26.2%.
  • FY2027 2BR SAFMR $1,500 (1.286× ACS median gross rent).

Population

27,542 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: -1.0%.

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

Assisted inventory

  • LIHTC: 4 projects, 333 units.
  • HUD project-based assisted MF: 5 properties, 167 assisted units.
  • HCV household counts (Picture of Subsidized Households) are not on this page yet.

New apartment permits

About 528 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 83705 45.2% of occupied households are renters; vacancy is 6.2%; ACS median gross rent is $1,166; population changed -1.0% between the 2018 and 2023 ACS vintages; the housing stock includes 1,789 units in 2–4-unit structures and 1,635 units in 5–49-unit structures; 4 LIHTC projects totaling 333 units; FY2027 2BR SAFMR is $1,500 versus ACS median gross rent of $1,166. 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 83705 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 83705?

ZIP 83705 (Boise City, ID HUD Metro FMR Area) has 27,542 residents, 12,406 households, a renter share of 45.2%, median household income of $62,605, and ACS 2023 median gross rent of $1,166. Vacancy is 6.2%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 83705?

ACS counts 529 units in 2-unit buildings, 1,260 in 3–4 unit buildings, 857 in 5–9, 461 in 10–19, and 317 in 20–49. Combined 2–49 unit stock is 3,424 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 83705?

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 83705 — Boise, ID HUD Section 8 Payment Standards / SAFMR.

Does this Idaho ZIP profile include Georgia listings?

No. ZIP 83705 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.