Meridian at The Market Place
1000 Bryan Ave,
Irvine, CA 92602
$2,195 - $3,720
Studio - 2 Beds
Area Guide
Lower Peters Canyon combines the many amenities of the city of Irvine with the wilderness of Santiago Canyon and Peters Canyon. This area is home to luxury apartment communities and incredible single-family homes for rent. Most people who choose this fairly new neighborhood, where construction began in the 1990s, appreciate the community feeling of the canyon, low crime rates, and the proximity of great recreation and shopping opportunities. It’s also easily commutable thanks to Interstate 5 which forms the southern border of the community.
As of June 2026, the average apartment rent in Lower Peters Canyon is $2,431 for a studio, $2,934 for one bedroom, $3,536 for two bedrooms, and $4,607 for three bedrooms. Apartment rent in Lower Peters Canyon has increased by 1.6% in the past year.
Studio
429 sq ft
Average Sq Ft
$2,431/month
Average Rent
1 BR
776 sq ft
Average Sq Ft
$2,934/month
Average Rent
2 BR
1,052 sq ft
Average Sq Ft
$3,536/month
Average Rent
3 BR
1,397 sq ft
Average Sq Ft
$4,607/month
Average Rent
Explore how walkable, bikeable, drivable, and transit-friendly Lower Peters Canyon - Irvine, CA is for everyday living.
Fairly Walkable
Walkability
Exceptionally Drivable
Drivability
Fairly Bikeable
Bikeability
Lower Peters Canyon - Irvine, CA offers all daily essentials, but they’re limited to a few main areas.
Supermarket Within a 15 Minute Walk
Groceries
Good Restaurant Variety Nearby
Restaurants
Good Café Variety Nearby
Cafes
Good Variety of Shops Nearby
Shopping
Recreation options in Lower Peters Canyon - Irvine, CA are limited, so staying active may require more planning.
Large Amount of Park Space Nearby
Parks
Limited Wellness Amenity Variety Nearby
Wellness
Get a sense of what it’s like to live in Lower Peters Canyon - Irvine, CA from everyday activity to noise and nightlife.
Calm Atmosphere
Vibrancy
Limited Nightlife Variety Nearby
Nightlife
Not Noisy
Quiet Score
† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in June 2026.
Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.