IDAHO - Eagle. Holding and Renting?

[Jo Kinal]

Does anyone have any experience in Idaho area for holding and renting out? I see there has been quite a growth in the last few years in Meriden and Boise but I'm thinking of Eagle area.  Is it a good place to hold and rent out there? Any information is appreciated :)

[Sarah Knapik]

Hi Jo!

There has definitely been a ton of growth in the Boise and surrounding area. As far as rentals go, there is definitely a need for single family homes and we are still seeing extremely low vacancy rates. You just want to be sure you find something in a desirable location and not too far out in Meridian or Eagle. Eagle prices will continue to be higher than the average, so keep that in mind for purchase price vs monthly rent. Anything in Boise seems to bring higher rents as well. I’d be happy to answer any questions about areas you’re considering if you don’t have a Realtor helping already with that! 

Thanks!

Sarah Knapik