How Much Money Do I Need to Make in Boise in 2025?

Let’s start with the biggest piece of your budget: housing. As of mid-2025, the median sale price for a home in Boise is around $535,0008. Some reports show median list prices even higher, ranging from $595,000 to $650,000 depending on the neighborhood and property type. If you’re planning to buy, you’ll want to factor in a 20% down payment (about $107,000 on a $535,000 home), plus closing costs and moving expenses.

Prefer to rent? Average rents for a one-bedroom apartment are hovering around $1,900 per month, with larger homes and family-sized rentals costing more.

What’s a Comfortable Income in Boise?

To comfortably afford a median-priced home in Boise, most financial experts recommend that your monthly housing costs (mortgage, taxes, insurance) not exceed 30% of your gross income. With today’s prices and interest rates, that means:

• For a $535,000 home with 20% down and a 6.8% mortgage rate, your monthly payment (including taxes and insurance) will be roughly $3,400–$3,700.

• To keep that at 30% of your income, you’d want to earn at least $135,000–$150,000 per year as a household.

If you’re renting at $1,900/month, a household income of $76,000 or more is a solid target for affordability.

Cost of Living: Beyond Housing

Boise’s cost of living is still about 2% below the national average, but with rising home prices, other expenses matter too:

• Utilities: Around $325/month for a typical home

• Groceries, healthcare, and transportation: Slightly below national averages

• Lifestyle: Outdoor recreation, dining, and entertainment are all accessible, but costs can add up depending on your interests

How My Real Estate Expertise Can Help

As a local real estate agent, I help clients break down these numbers every day—whether you’re buying your first home, relocating for work, or investing in Boise’s dynamic market. I can guide you through:

• Understanding what your budget can buy in different Boise neighborhoods

• Comparing the true costs of renting vs. buying

• Navigating mortgage options and down payment strategies

• Finding hidden gems that fit your lifestyle and financial goals

Bottom Line

To live comfortably in Boise in 2025, aim for a household income of at least $75,000–$80,000 if you’re renting, and $135,000+ if you’re buying a median-priced home. Of course, your needs may vary—so if you want a personalized breakdown or want to see what’s possible in your price range, reach out! I’m here to help you make your move to Boise a smart and successful one.

Ready to talk numbers or tour homes? Let’s connect and find out what Boise can offer you in 2025!