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Rental Market Trends in Meridian, ID

What is the average rent in Meridian, ID?

$1,517/month

Average Rent

707 Sq Ft

Average Apartment Size

+2.2%

Increase in the Last Year

As of July 2025, the average rent in Meridian, ID is $1,517 per month. For comparison, the national average rent price in the US is currently $1,637/month, which means Meridian rent prices are 7% lower than the national average. When you rent an apartment in Meridian, you can expect to pay about $1,393 per month for a studio, $1,517 for a one-bedroom apartment, and around $1,689 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,933 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$1,393/month
476 Sq Ft
One Bedroom
$1,517/month
707 Sq Ft
Two Bedroom
$1,689/month
968 Sq Ft
Three Bedroom
$1,933/month
1,329 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$1,351/month
656 Sq Ft
Two Bedroom
$1,702/month
970 Sq Ft
Three Bedroom
$2,312/month
1,578 Sq Ft
Four Bedroom
$2,671/month
2,145 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$1,803/month
1,034 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$1,607/month
964 Sq Ft
Three Bedroom
$2,410/month
1,743 Sq Ft

How much has average rent changed in Meridian, ID?

In the past year, rent has increased by 2.2%, which averages out to $33 more per month.

Market Trends Over Time   The chart below compares average rent prices to the previous year during the same time period.
Last Updated July 2025
Legend
2024 2025
Market Trends Over Time
Rent Ranges in Meridian, ID
Last Updated July 2025
$1,501 - $2,000
Most rental prices fall within this range
Rent Ranges in Meridian, ID
Percentage*
Rent Range
0% Below $700/month
4% $700 - $1,000/month
23% $1,001 - $1,500/month
58% $1,501 - $2,000/month
16% Above $2,000/month

Rent by Neighborhood

Last Updated Today
  • Most Affordable
  • Most Expensive
  • Most Available

What are the most affordable neighborhoods in Meridian?

Based on current rent prices, Southeast Meridian, Northwest Meridian and Southwest Meridian are the most affordable neighborhoods in Meridian.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Southeast Meridian
$1,638/month
712 Sq Ft
Northwest Meridian
$1,654/month
728 Sq Ft
Southwest Meridian
$1,674/month
705 Sq Ft
Northeast Meridian
$1,763/month
720 Sq Ft
Redfeather Estates
$2,139/month
762 Sq Ft

What are the most expensive neighborhoods in Meridian?

Based on current rent prices, Redfeather Estates, Northeast Meridian and Southwest Meridian are the most expensive neighborhoods in Meridian.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Redfeather Estates
$2,139/month
762 Sq Ft
Northeast Meridian
$1,763/month
720 Sq Ft
Southwest Meridian
$1,674/month
705 Sq Ft
Northwest Meridian
$1,654/month
728 Sq Ft
Southeast Meridian
$1,638/month
712 Sq Ft

Which Meridian neighborhoods have the most rentals available?

The neighborhoods in Meridian with the most apartments available are Southeast Meridian, Northwest Meridian and Northeast Meridian .

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Southeast Meridian
$1,638/month
712 Sq Ft
Northwest Meridian
$1,654/month
728 Sq Ft
Northeast Meridian
$1,763/month
720 Sq Ft
Southwest Meridian
$1,674/month
705 Sq Ft
Redfeather Estates
$2,139/month
762 Sq Ft
This information is based on data collected by CoStar Group researchers.†

What salary do I need to live comfortably in Meridian, ID?

Because the average rent in Meridian is $1,517, you’ll want to make about $5,056 per month or $60,672 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.

City

Meridian, ID

2,175 Available Apartments for Rent

Search for Nearby Apartments

How does Meridian, ID compare to other nearby cities and neighborhoods?

Use the tool below to compare Meridian, ID to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.

Explore the Area Guide for Meridian, ID

Apartment Averages

Southeast Meridian

Meridian, ID

Redfeather Estates

Meridian, ID

Studio
$1,446/month
-
One Bedroom
$1,554/month
-
Two Bedroom
$1,745/month
-
Three Bedroom
$2,133/month
-
Search
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Nearby City Rent Trends

  • Garden City Average Rent
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Apartment communities in Meridian we think you'll love

Aren

Aren

1066 S Silverstone Way,
Meridian, ID 83642

Studio - 2 Beds | $1,415 - $1,905

Altair

Altair

2743 W Peak Cloud Ln,
Meridian, ID 83642

Studio - 2 Beds | $1,499 - $2,260

Dovetail

Dovetail

1350 N Webb Way,
Meridian, ID 83642

1-3 Beds | $1,572 - $4,819

Seasons at Meridian

Seasons at Meridian

2700 E Overland Rd,
Meridian, ID 83642

Studio - 3 Beds | $1,499 - $2,530

Property Management Companies in Meridian, ID

TableRock Residential
TableRock Residential
  • 23

    Communities

  • 2,674

    Units

  • 5

    Cities

13 Communities in Meridian
Commercial Northwest Property Management
Commercial Northwest Property Management
  • 25

    Communities

  • 1,515

    Units

  • 7

    Cities

11 Communities in Meridian
Avenue5 Residential
Avenue5 Residential
  • 499

    Communities

  • 111,148

    Units

  • 193

    Cities

9 Communities in Meridian
Roundhouse
Roundhouse
  • 34

    Communities

  • 6,960

    Units

  • 16

    Cities

8 Communities in Meridian
Brighton
Brighton
  • 15

    Communities

  • 2,078

    Units

  • 8

    Cities

8 Communities in Meridian
Essex Financial Group
Essex Financial Group
  • 19

    Communities

  • 3,492

    Units

  • 10

    Cities

4 Communities in Meridian
FourSite Property Management
FourSite Property Management
  • 12

    Communities

  • 3,659

    Units

  • 11

    Cities

3 Communities in Meridian
AMC
AMC
  • 658

    Communities

  • 127,959

    Units

  • 263

    Cities

2 Communities in Meridian

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United States Idaho Meridian Rental Trends

Methodology

† 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 2025.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity