The Canyon County apartment segment will continue to expand as both Nampa and the Treasure Valley continue to grow. From 2017 to 2018, Caldwell and Nampa saw a 154% and an 86% increase, in unit permits, respectively. A strong and diverse local economy, coupled with the high quality of life in the Treasure Valley, is pushing growth over 2% annually- a rate that is expected to continue for many years.
Alongside the population growth, rents are rising. However, rents in Canyon County for one- and two-bedroom apartments are still 23% lower than their Ada County counterparts.
This multifamily study helps developers, investors, and owners gain a deeper insight into the fundamentals driving the market’s growth, and also provides guidance for making wise and profitable investment decisions.
Within the study, you will find an aggregation of data for Canyon County (including Nampa, Caldwell and Middleton) and corresponding insights on the following topics:
» Unit Mix & Vacancy Rates
» Rents & Occupancy by city
» Market rents vs. Square feet
» Historical vacancy trends
In this study, we focus our attention on apartment buildings in Canyon County. We sourced much of the information through the City of Nampa, Caldwell, Canyon County and CoStar™.
We invite you to use this study as a tool and a reference, please call us to discuss your apartment investment needs and goals. Let us turn our expertise into your profit!