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Boise Office Rent Price & Sales Report

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.

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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

In 2025, the submarket with the lowest office vacancy rate in Boise was Boise - Southwest at 5.97%. Meanwhile, the highest office vacancy rate in the market was 26.70%, recorded in Boise - Northeast.
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%
Data provided by Yardi Research

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 ICCU Plaza at 168,469 square feet, completed in 2026. The next largest completions are Pioneer Crossing and 401 Front Street.

Office building Address SF Completed
ICCU Plaza 320 West Idaho 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
Stonebridge Business Park 7950 Horseshoe Bend Road, 83714 9,950 2008
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
7940 W Rifleman St 7940 W Rifleman St, 83704 14,018 2007
View Pointe Building 1998 West Judith Lane, 83705 4,250 2007
Data provided by Yardi Research

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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.

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