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 Caldwell, 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 Caldwell 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.
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Get Optimized Rental Value for Your Property
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Gain Crucial Insight into Current Market Conditions
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Determine Your Cashflow from Monthly Rental Value
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Get started with your FREE PROPERTY CONSULTATION by completing the form .
Free Rental Analysis
Owner or Renter?
As Your Caldwell 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 Caldwell Property Owners Choose First Rate Property Management, Inc.
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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 Caldwell. -
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 Caldwell
Caldwell, Idaho is quickly emerging as one of the Treasure Valley’s most affordable and accessible markets for real estate investors. With rapid population growth, rising rental demand, and a revitalized downtown, Caldwell presents excellent opportunities for investors seeking solid cash flow and long-term appreciation. From first-time buyers to seasoned investors, many are turning to Caldwell for its lower entry prices, expanding infrastructure, and increasing tenant interest.
Caldwell Rental Market by the Numbers:
- 30%+ population growth since 2010
- Rental vacancy rate: ~4.6%
- Median rent for 3-bed home: $1,750/month
- Median home price: ~$355,000 (Q1 2025)
- Top rental demand areas: North Caldwell, Downtown Caldwell, Lincoln Elementary District, Southside
Affordability, Growth & Investment Potential
Caldwell continues to attract tenants and homebuyers looking for more space and affordability outside of Boise and Meridian. The city has invested in its downtown, added new housing developments, and improved public spaces—making it more attractive for both renters and investors. With strong commuter access to I-84 and nearby employment centers, Caldwell is well-positioned for long-term growth.
Investors are seeing success with single-family homes in established neighborhoods, duplexes and triplexes near schools and retail centers, and new construction on the outskirts of town. Homes near amenities like parks, schools, and downtown Caldwell tend to lease quickly and retain tenants longer.
A local Caldwell property management team can help you manage tenant screening, maintenance, leasing, and compliance—ensuring your rental operates efficiently and profitably. With strong fundamentals and room to grow, Caldwell is a smart choice for anyone building or diversifying a rental portfolio in the Treasure Valley.