Highlights
- The average rent for office space in Boise is $21.59 per square foot, 1.60% higher compared to the previous year.
- The market’s vacancy rate stands at 13.45%, lower than the state average of Idaho, which is 15.67%.
- Renting Class A/A+ office space here costs $24.37 per square foot, while Class B averages $19.78 and Class C stands at $15.71.
- 161,405 square feet is currently under construction.
2025 Office Space Rent & Sales
- $21.59 2025 Avg. Asking Rent
- 1.60% Y-o-Y Avg. Asking Rent Change
- 13.45% 2025 Office Vacancy Rate
What is the average asking rent price for office space in Boise?
Average asking rents for office space here stand at $21.59 per square foot. The local office market recorded an average vacancy rate of 13.45% in 2025, unchanged from 13.45% in 2024.
Boise, ID Office Asking Rents by Class
What is the average office rent per square foot by property class in Boise?
- Avg. Asking Rent Class A & A+$24.37
- Avg. Asking Rent Class B$19.78
- Avg. Asking Rent Class C$15.71
The average asking rent for Class A and A+ office space stood at $24.37 per square foot, indicating the best — and most expensive — that the market has to offer.
Class B space in Boise averaged $19.78 per square foot, while the average for Class C space was $15.71 per square foot.
What is the average office rent per square foot by property class in ID?
- Avg. Asking Rent Class A & A+$25.24
- Avg. Asking Rent Class B$20.76
- Avg. Asking Rent Class C$15.71
For comparison, the average rent for Class A and A+ office space in Idaho was $25.24 per square foot. The state-wide average for Class B space was $20.76 per square foot, and Class C office spaces averaged $15.71 per square foot.
Boise, ID Office Indicators by Submarket
| Submarket | Asking Rents | Vacancy Rates |
|---|---|---|
| Boise - Southeast | $24.00 | 6.68% |
| Boise - Downtown | $23.70 | 14.33% |
| Boise - Southwest | $20.91 | 5.97% |
| Boise - Northeast | $19.45 | 26.70% |
| Boise - West | $18.05 | 13.77% |
Office Construction in Boise, ID
- Boise, ID Total SF under construction in 2026 161,405
What are the largest recent office completions in Boise?
The largest recent office completion here is Banner Bank Building at 182,950 square feet, completed in 2006. The next largest completions are ICCU Plaza and Pioneer Crossing.
| Office building | Address | SF | Completed |
|---|---|---|---|
| ICCU Plaza | 200 North 4th Street, 83702 | 168,469 | 2026 |
| Wood Tarver Building | 3232 Barber Valley Drive, 83706 | 4,288 | 2024 |
| Eagle View Landing - 1032 South Silverstone Way | 1032 South Silverstone Way, 83642 | 47,239 | 2022 |
| Pioneer Crossing | 1290 West Myrtle Street, 83702 | 127,600 | 2019 |
| Franklin Towne Plaza | 8655 W Franklin Rd, | 7,328 | 2008 |
| 401 Front Street | 401 W. Front Street, 83702 | 80,478 | 2007 |
| Owyhee Park Plaza | 3501 Elder Street, 83705 | 53,213 | 2007 |
| 7960 W Rifleman St | 7960 W Rifleman St, 83704 | 21,122 | 2007 |
| Banner Bank Building | 950 W. Bannock Street, 83702 | 182,950 | 2006 |
| 1444 Entertainment | 1444 South Entertainment Avenue, 83709 | 78,594 | 2006 |
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Disclaimer
All information on this page is based on city-level data that includes properties equal to or larger than 25,000 square feet.
Averages were calculated based on values dated between January 1st and December 31st 2025. Construction pipeline data represented herein is valid as of January 2026.
While every effort was made to ensure the accuracy of the data presented in this report, the information is provided “as is” and neither CommercialCafe nor Yardi Research Data can guarantee that the information provided is complete.