Chicago · Registered nurse · $98,500 · One adult, renting a 1-bedroomSaved on this device

Chicago · Registered nurse · $98,500 · One adult, renting a 1-bedroom

Boise, ID

Housing in Boise, ID: Rent, Home Prices & Property Tax

$1,383/mo (1 bd) in Boise. Median home $434,400. Property tax 0.63%.

Compare vs Chicago Rank metros from BoiseHow we figure this

Rent (1 bd): $1,383; /mo
Buy: $2,823; Mortgage, tax, insurance
Buying costs more: $1,440; /mo

State tax and rent

To buy

20% down payment$86,880
Mortgage at 6.5%$2,197
Property tax (0.63% of value)$228/mo · $2,737/yr
Insurance and upkeep$398
Monthly total$2,823

44.3% of renters spend 30% or more of income on rent. Census ACS 2023.

Months to 20% down

$2,004 left each month. About 44 months (3.7 years) to save $86,880.

Asking rent. Census median home price. 30-year fixed, 6.5%, 20% down. Not lending advice.

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