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12-month history
Last updated: October 17, 2026
What the numbers show
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.
Rent in ZIP 83703 is at its highest level since Zillow's records here began in February 2021.
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%.
Rent has risen 7 months in a row, and rose in 11 of the last 12 months.
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.
8th cheapest of 10 ZIP codes in Boise.
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.
Who lives here
ZIP 83703 (Boise, ID) is majority owner-occupied, 52.8% of residents hold a bachelor's degree or higher.
Source: U.S. Census Bureau · ACS 2024 5-Year Estimates
How ZIP 83703 in Boise, ID has changed in 5 years
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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Tips for renters 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.
Frequently asked questions
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How does ZIP 83703 compare to other ZIPs in Idaho?
How does ZIP 83703 compare to the rest of Boise?
At $1,975/mo, rent takes ~31% of ZIP 83703's median household income ($76,910/yr). The standard benchmark is 30%.
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