Boise Property Management, Boise Property Managers, Boise Property Management Companies. 1st Rate Property Management

Boise Property Management

Let Us Manage Your Boise Rental Property

Overview

At First Rate Property Management, we specialize in providing comprehensive, professional property management services in Boise, Idaho and the surrounding areas. Whether you're a first-time landlord or a seasoned investor, our mission is to protect your investment, maximize your rental income, and deliver peace of mind. We take pride in offering responsive, personalized service to both property owners and tenants, with a dedicated team that truly cares about long-term success.

When you sign a management agreement with First Rate, you're not just another client on a list — you're gaining a partner. Our team is accessible, knowledgeable, and committed to solving problems before they escalate. We believe in transparency and open communication, which means you can reach any member of our staff — including our President — directly whenever you have a question or concern.

We manage every aspect of your rental property, from advertising and tenant screening to maintenance coordination, rent collection, and detailed financial reporting. With decades of experience in the Boise rental market, we know what it takes to maintain occupancy, keep properties in great condition, and ensure compliance with local and state laws.

At First Rate Property Management, our name reflects our promise:
First-rate service, every step of the way.

How much rent can you get for your investment?

Our market analysis helps landlords and us make data-informed decisions about their rental property, including rate estimates and other information so they can invest and manage their investment property more wisely.

Get Optimized Rental Value for Your Property
Gain Crucial Insight into Current Market Conditions
Determine Your Cashflow from Monthly Rental Value

Get started with your FREE PROPERTY CONSULTATION by completing the form .

Free Rental Analysis

Owner or Renter?

Rest Easy Knowing
We’ve Got You Covered.

First Rate Property Management demands that our staff provide you and your tenants with prompt and satisfactory service. If you ever have a question or concern, you can contact any of us, including the President, at any time. If after talking to the President, and you still are not 100% satisfied with our service, First Rate Property Management will agree to allow you out of your management contract, free of penalties and fees. Find another management company that will do that!

What Our Clients Are Saying

Why Boise Property Owners Choose First Rate Property Management, Inc.

A+ Referrals

Over the last three decades, First Rate Property Management has grown our portfolio of properties solely based on client referrals. We have never bought a business or sent out a single mailer or spam email; our largest source of referrals is from our very own clients. Why? Because unlike most other companies, we are investors too. Our clients’ real estate investments perform well and because of that, they tell all of their friends and family to invest in Boise.
Liability

Your rental property is a valuable asset, so you should entrust the management of that asset to a knowledgeable property manager that offers you peace of mind. First Rate Property Management has $1,000,000 in coverage per incident for General Liability, Professional Liability and Worker's Compensation insurance.
Owner Benefits

Owners can take part in our Eviction Protection Plan and Preventive Maintenance Program, which can potentially save you thousands of dollars down the road.
Resident Protection Package

We also require our tenants to take part in our Resident Protection Package, which includes on-demand pest service, bimonthly filter deliveries, and property liability coverage up to $100,000 – all at no cost to our owners!
Handle All Complaints

Probably one of the biggest causes for Landlords to sell and run away from rentals is dealing with tenant complaints, excuses, or lack of attention to the property. We handle these for you so you don't have to. All of our employees have been trained on dispute resolution and have great success creating a win-win situation.
NARPM Members

We believe in education; many of us belong to NARPM, the National Association of Residential Property Managers. Idaho currently is one of the few states that has no licensing requirements or any governing body overseeing property managers, which is why an organization like NARPM is so essential to Idaho property managers. NARPM is a professional organization that promotes education and networking as a resource to empower its members with knowledge and skill. First Rate Property Management is committed to ongoing education and high professional and ethical standards. The result is quality service for you and the community!

Invest In Boise

Boise, Idaho is quickly becoming a top destination for real estate investors and rental property owners thanks to its strong population growth, low vacancy rates, and rising rental demand. With a thriving economy, outdoor lifestyle, and relatively affordable home prices, Boise offers a stable and profitable market for those seeking long-term returns. Whether you're managing a single rental or building a full portfolio, partnering with a local Boise property management company ensures your investment performs at its best.

Boise Rental Market by the Numbers:

25%+ population growth over the last 10 years
2.9% vacancy rate (well below the national average)
Median rent for 3-bed home: $2,045/month
9.7% home value increase year-over-year (2024)
Top neighborhoods for rental demand: North End, Bench, West Boise, Meridian

Lifestyle, Growth & Management Opportunities

Boise’s natural beauty and active lifestyle—along with its tech and healthcare-driven job market—make it highly attractive for tenants. Proximity to outdoor attractions like the Boise River Greenbelt and Bogus Basin, combined with a walkable downtown and vibrant arts scene, drive retention and rental consistency. Investors looking to maximize returns can benefit from local property management in Boise to handle leasing, compliance, maintenance, and marketing with expert precision.

Need help managing your Boise rentals? A local property manager can help optimize pricing, minimize vacancy, and ensure compliance with Idaho’s rental laws—so you can focus on scaling your portfolio.

What is the rental value of my property in Boise?

Your rental rate isn’t just a number, it’s shaped by the property’s location, condition, size, features, along with Boise’s Market Trends. As a professional property manager FRPM will run a Comparative Market Analysis (CMA) to set a competitive rate that attracts quality residents. FRPM considers all aspects of the leasing process to maximizing your Return on Investment (ROI).

What types of properties do you manage in the Boise area?

At FRPM, we specialize in managing single-family homes, townhomes, condos, and multi-family properties. We also offer HOA management services when our team’s capacity allows and it makes sense.

How do you screen residents?

Residents screening includes income/employment verification, a credit check, rental history verification, and a background check. At FRPM, we strictly adhere to Idaho state and federal Fair Housing laws when screening applicants.

How are maintenance requests handled?

Our online portal makes maintenance simple for tenants. We manage the process from start to finish, partnering with licensed vendors and ensuring owners receive timely updates and cost approvals (typically for repairs above a set dollar threshold). We also offer a 24/7 emergency hotline for residents.

How do you handle rent collection and late payments?

At FRPM, we make rent collection simple and stress-free with secure online payment options. In the event of late payment, we enforce Idaho’s legal process for late payments, including applying late fees and issuing a 3-day notice to pay or vacate in compliance with Idaho eviction laws.

What are my responsibilities as a property owner in Idaho?

Owners must maintain habitable living conditions (per Idaho Code §6-320), keep utilities functional, and comply with safety standards. As your property manager, FRPM can handle most of these obligations on your behalf and help guide you in the right direction.

How often do you inspect rental properties?

Routine inspections are usually conducted at move-in, move-out, and annually during occupancy. At FRPM, we also perform drive-by inspections every 60 days to ensure exterior upkeep. All inspections are viewable by the owner, get pictures of your property year-round!

How are security deposits handled under Idaho law?

In Idaho, landlords must return the security deposit within 21 days (or up to 30 days if specified in the lease). Deductions must be itemized and justified in writing.

What are your management fees?

FRPM’s management fees in the Boise area range from 8%–10% of monthly rent. Additional costs may apply for periodic items such as resident renewals($50), tax preparation ($25), Set up fee ($250), etc. Reach out to ryan@frpmrentals,com for a full list of costs and fees.

Why should I invest in Boise rental properties?

Boise’s rental market continues to grow due to population influx & strong job opportunities. The area offers stable long-term appreciation and strong rental demand from young professionals and families.