Five years ago, apartments on the Boise Bench cost about $950 a month, according to renters. Now, rent has increased nearly 60%, forcing residents to make difficult choices to afford their homes.
Jesse Alexander-Stern has lived in a market apartment on the Bench for six years and said her rent has increased from $950 a month to around $1,500 a month, a 57% increase since she first moved in.
“The paper that was on my door said it was a 20% increase, and when I looked at the amount, did the math, I was in tears,” Alexander-Stern said…