ZIP Code · ID

ZIP 83703

Part of Boise, ID
Pop. 17,583·Ada County·10th most expensive ZIP in Idaho
Median rent (all units)
$1,975/mo
Year-over-Year
+8.9%
Month-over-Month
+0.7%
vs US Median
+$43
Reported rents
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 83703 · $1,975
More expensive than 60% of US ZIP codes · National median $1,932/mo
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Medians by bedroom

Rent by unit size

Studio
$1,170
1 BR
$1,390
2 BR
$1,660
3 BR
$2,320
4 BR+
$2,780
Research median
$1,660/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

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Last updated: October 17, 2026

From the history

What the numbers show

Cheapest month to sign

January. Asking rents in ZIP 83703 usually run 2.5% below trend in January and 2.8% above it in July, about $105 a month apart at today's median. Based on 5 years of data.

Compared with the peak

Rent in ZIP 83703 is at its highest level since Zillow's records here began in February 2021.

Past year vs. the rest of Idaho

Rent in ZIP 83703 changed +8.9% over the year to September 2026. Across the 34 Idaho ZIP codes Zillow tracks, the typical change was +6.0%.

Recent direction

Rent has risen 7 months in a row, and rose in 11 of the last 12 months.

What a typical income covers

30% of the median household income ($76,910) is $1,923 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($1,660); a 3-bedroom is $2,320.

Rank in Boise

8th cheapest of 10 ZIP codes in Boise.

Cheaper nearby

ZIP 83704, 3 miles away, rents for 14% less ($1,694/mo), about $3,400 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 83703. The seasonal pattern compares Zillow’s seasonally adjusted and unadjusted series. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost
$23,700/yr
At $1,975/mo median
Location
CityBoise
StateID
CountyAda County
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 8.9% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+8.9% YoY, +0.7% MoM), not inventory.
Demographics

Who lives here

ZIP 83703 (Boise, ID) is majority owner-occupied, 52.8% of residents hold a bachelor's degree or higher.

Population
17,583
Median income
$76,910
Median age
42.3
Renters
35.4%
Age distribution
18.5%
19.5%
29.3%
14.2%
18.5%
Under 1818.5%
18–3419.5%
35–5429.3%
55–6414.2%
65+18.5%
Gender
51.7%
48.3%
Male51.7%
Female48.3%
Race & ethnicity
88%
White88%
Black0.8%
Hispanic6.1%
Asian1.9%
Other3.2%
Education (25+)
17.9%
25.6%
52.8%
No HS diploma3.7%
HS diploma17.9%
Some college25.6%
Bachelor's+52.8%
Housing tenure
64.6%
35.4%
Owner64.6%
Renter35.4%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2021 vs 2026

How ZIP 83703 in Boise, ID has changed in 5 years

Rent
$1,513 → $1,975
up 30.5%
Income
$64,980 → $76,910
up 18.4%
Population
17,963 → 17,583
down 2.1%
Renter share
35.7% → 35.4%
-0.3 pts
Bachelor's+
50.2% → 52.8%
+2.6 pts
Median age
38.1 → 42.3
+4.2 yrs

Compared with 2021, rent in ZIP 83703 in Boise, ID has climbed by $462 per month, settling near $1,975 after starting the period at $1,513. Household income in the area moved from $64,980 to $76,910 across the same window, up 18.4% versus 2021. Rent outpaced income growth by roughly 12.1 percentage points, which means renters are spending a larger slice of each paycheck on housing than they did in 2021. Headcount in the area went from 17,963 to 17,583 between 2021 and 2024, a 2.1% change. Educational attainment has shifted as well, with the share of adults holding a bachelor's degree or higher climbed from 50.2% to 52.8%. Reading these numbers side by side helps frame whether current listings in ZIP 83703 in Boise, ID look reasonable against where the market sat half a decade ago.

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About renting in ZIP 83703

Last updated: October 17, 2026

ZIP code 83703 covers Boise, ID. The median rent here is $1,975/mo as of October 2026. A 1-bedroom rents for a median of $1,390/mo. A 2-bedroom rents for a median of $1,660/mo.

At 31% of local median household income ($76,910/yr), ZIP 83703 ranks as moderate compared to the national benchmark of 30%. Rents have increased 8.9% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 83703?

To keep rent at or below 30% of gross income, you would need to earn at least $79,000/year (about $38/hour full-time) to afford the median rent of $1,975/mo in ZIP 83703. The local median household income is $76,910/yr, so the typical household falls short of that bar.

Is rent going up or down in ZIP 83703?

Rent in ZIP 83703 has risen 8.9% over the past year as of September 2026. That is the highest level since Zillow's records here began in February 2021.

When is the cheapest time to rent in ZIP 83703?

Asking rents in ZIP 83703 are usually lowest in January, about 2.5% below their yearly trend, and highest in July, about 2.8% above it. At today's median that is a gap of roughly $105 a month. This pattern comes from 5 years of Zillow rent data.

How does ZIP 83703 compare to other ZIPs in Idaho?

ZIP 83703 is one of the pricier among Idaho ZIP codes for rent, ranking #10 of 39 at $1,975/mo. Over the year to September 2026, rent in ZIP 83703 changed +8.9%, against a typical +6.0% across the 34 Idaho ZIP codes Zillow tracks.

How does ZIP 83703 compare to the rest of Boise?

At $1,975/mo, ZIP 83703 is $75 above the Boise citywide median of $1,900/mo. It is the 8th cheapest of 10 ZIP codes in Boise.
Income Affordability
31%
MODERATE

At $1,975/mo, rent takes ~31% of ZIP 83703's median household income ($76,910/yr). The standard benchmark is 30%.

ZIP 83703 31%Benchmark 30%
State income tax5.8%
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