Median Home Price
$512,306.15
Median Rent
$1,842.62/mo
Price-to-Rent Ratio
23.2
Property Tax RateTIE
0.69%
Price Change (1Y)BETTER
+0.9%
Price Change (5Y)BETTER
+4.5%
Break-Even YearsTIE
N/A
10-Year Wealth Difference
$383,496
Median Home PriceBETTER
$404,734.93
Median RentBETTER
$1,562.28/mo
Price-to-Rent RatioBETTER
21.6
Property Tax RateTIE
0.69%
Price Change (1Y)
-0.7%
Price Change (5Y)
-3.3%
Break-Even YearsTIE
N/A
10-Year Wealth DifferenceBETTER
$250,513
Key Differences
Home Prices
Boise's median home price of $512,306.15 is higher than Nampa's $404,734.93 by 27%.
Monthly Rent
Renting in Boise costs $1,842.62/mo compared to $1,562.28/mo in Nampa—a difference of $280.34/mo.
Buy vs Rent Verdict
Both cities currently favor renting.
Break-Even Timeline
Break-even analysis varies based on market conditions in each city.