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 Meridian, 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 Meridian 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
![icon]()
-
Gain Crucial Insight into Current Market Conditions
![icon]()
-
Determine Your Cashflow from Monthly Rental Value
![icon]()
Get started with your FREE PROPERTY CONSULTATION by completing the form .
Free Rental Analysis
Owner or Renter?
As Your Meridian Property Manager, We Take Care of Everything.
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 Meridian 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 Meridian. -
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 Meridian
Meridian, Idaho is one of the fastest-growing cities in the Treasure Valley—and one of the most sought-after areas for rental property investment. With excellent schools, abundant new development, and a strong local economy, Meridian offers a perfect mix of livability and long-term value. Its steady job growth, low crime rates, and vibrant community life continue to attract families and professionals alike. For real estate investors, this means strong tenant demand and long-term rental income potential.
Meridian Rental Market by the Numbers:
- Over 50% population growth since 2010
- Rental vacancy rate: ~3.5%
- Median rent for 3-bed home: $2,175/month
- Median home price: ~$525,000 (Q1 2025)
- Top rental demand areas: Paramount, SpurWing, Tuscany, Bridgetower, Northeast Meridian
Schools, Growth & Rental Potential
Meridian's top-rated school districts and well-planned neighborhoods make it a natural draw for families looking to rent before buying—or those who prefer long-term rentals. Many of the city’s communities feature amenities like walking paths, clubhouses, and easy access to shopping and dining, all of which support strong occupancy and tenant retention.
Investors are finding success in Meridian with a range of property types—from single-family homes in family-oriented subdivisions to townhomes and small multifamily units in newer developments. Proximity to tech and healthcare employers in nearby Boise only adds to the appeal, fueling ongoing demand for well-maintained rental properties.
Partnering with a Meridian-based property management company allows you to stay hands-off while ensuring your rental is properly marketed, leased, and maintained. With consistent growth and dependable returns, Meridian remains one of Idaho’s most promising cities for building rental income and long-term equity.