Idaho Falls Multifamily Market Update

Jake Durtschi • February 20, 2025

Idaho Falls Market Trends
What you need to know about the Idaho Falls real estate market.

We’re excited to share our latest update on the Idaho Falls real estate market, highlighting key trends that shaped investment opportunities in 2024.

Key Takeaways:
✅ Labor Market Growth: Employment in Idaho Falls increased by 3.98% YoY, strengthening rental demand.
✅ Stable Multifamily Cap Rates: Investors continue to see steady returns despite rising construction costs.
✅ Affordability Challenges: A 2.8% drop in housing prices hasn’t offset rising median home prices, driving rental demand.
✅ Strategic Location: Idaho Falls remains a hub for Eastern Idaho, attracting remote workers, families, and businesses.

As the market evolves, Jacob Grant Capital remains committed to helping investors navigate and capitalize on emerging opportunities. Let’s connect to discuss how you can maximize returns in this dynamic environment.

Send us an email with questions and to connect - invest@jacobgrant.com.

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City Heights Construction Officially Underway

By Jake Durtschi • October 2, 2025

Construction is officially underway at City Heights . There’s still a little room left to invest if you’ve been considering joining the project. Our architect is currently revising the first-floor blueprint to enhance both functionality and profitability—an update aimed at increasing the project’s overall return potential. If you’re interested in allocating more funds toward City Heights—or know someone who might be a great fit—please get in touch. We’d be happy to welcome new partners during this exciting phase.

Forever Fund Full Occupancy & Significant Rent Growth 📈

By Jake Durtschi • September 10, 2025

I’m pleased to share an exciting update on The Forever Fund. After a summer of leasing and improvements, the fund has achieved full occupancy. Additionally, gross rents have increased year-over-year from $35,800 to $48,432, reflecting strong performance and growth.