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Updated almost 8 years ago on . Most recent reply

User Stats

35
Posts
22
Votes
Jen Harwood
  • Rental Property Investor
  • Boise, ID
22
Votes |
35
Posts

Need some thoughts on rental prices

Jen Harwood
  • Rental Property Investor
  • Boise, ID
Posted

Hi fellow Boise buy-and-hold investors! I have two SFHs coming up for rent this year but we've been renting them to the same families for several years so I believe the rent may be below market. I'd love to get your thoughts on what you think we could reasonably ask for them.

(A) One is a 3 bed, 1.5 bath, 1150 sq. ft. off of Northview and Milwaukee. It backs up to the huge Fairmont Park and public swimming pool, so it's a great family house. It is a pretty typical SFH rental in Boise but does have newly refinished wood floors throughout and new interior paint as of a couple of years ago.

(B) The other is a 3 bed, 1 bath, 1000 sq. ft off of Cole and Ustick. It will in all likelihood have new carpet throughout before it is listed for rent.

Greatly appreciate any thoughts.

Most Popular Reply

User Stats

87
Posts
40
Votes
Claire Fenton
  • Investor
  • Boise, ID
40
Votes |
87
Posts
Claire Fenton
  • Investor
  • Boise, ID
Replied

@Jen Harwood, I just read through the communication string.  3/2 houses are renting closer to $1300 + range so the prices noted above may be a little low.  Do an Internet search "houses for rent in (zip)"  You will be able to see on a map what is available in the immediate area and the prices being asked.  That should give you a pretty good idea.

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