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Rental Market Trends in Meridian, ID

What is the average rent in Meridian, ID?

$1,494/month

Average Rent

722 Sq Ft

Average Apartment Size

+1.2%

Increase in the Last Year

As of March 2026, the average rent in Meridian, ID is $1,494 per month. For comparison, the national average rent price in the US is currently $1,626/month, which means Meridian rent prices are 8% lower than the national average. When you rent an apartment in Meridian, you can expect to pay about $1,385 per month for a studio, $1,494 for a one-bedroom apartment, and around $1,684 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,957 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$1,385/month
530 Sq Ft
One Bedroom
$1,494/month
722 Sq Ft
Two Bedroom
$1,684/month
1,001 Sq Ft
Three Bedroom
$1,957/month
1,330 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$984/month
130 Sq Ft
Two Bedroom
$1,902/month
1,099 Sq Ft
Three Bedroom
$2,275/month
1,575 Sq Ft
Four Bedroom
$2,755/month
2,200 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$1,777/month
940 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$1,703/month
1,060 Sq Ft
Three Bedroom
$2,431/month
1,667 Sq Ft
Four Bedroom
$2,322/month
1,854 Sq Ft

How much has average rent changed in Meridian, ID?

In the past year, rent has increased by 1.2%, which averages out to $18 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 March 2026
Legend
2025 2026
Market Trends Over Time
Rent Ranges in Meridian, ID
Last Updated March 2026
$1,501 - $2,000
Most rental prices fall within this range
Rent Ranges in Meridian, ID
Percentage*
Rent Range
0% Below $700/month
3% $700 - $1,000/month
22% $1,001 - $1,500/month
56% $1,501 - $2,000/month
19% 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, Southwest Meridian and Northwest Meridian are the most affordable neighborhoods in Meridian.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Southeast Meridian
$1,517/month
700 Sq Ft
Southwest Meridian
$1,528/month
658 Sq Ft
Northwest Meridian
$1,874/month
775 Sq Ft
Northeast Meridian
$1,915/month
773 Sq Ft
Redfeather Estates
$1,988/month
834 Sq Ft

What are the most expensive neighborhoods in Meridian?

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

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Redfeather Estates
$1,988/month
834 Sq Ft
Northeast Meridian
$1,915/month
773 Sq Ft
Northwest Meridian
$1,874/month
775 Sq Ft
Southwest Meridian
$1,528/month
658 Sq Ft
Southeast Meridian
$1,517/month
700 Sq Ft

Which Meridian neighborhoods have the most rentals available?

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

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Northeast Meridian
$1,915/month
773 Sq Ft
Northwest Meridian
$1,874/month
775 Sq Ft
Southeast Meridian
$1,517/month
700 Sq Ft
Redfeather Estates
$1,988/month
834 Sq Ft
Southwest Meridian
$1,528/month
658 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 $1,494, you’ll want to make about $4,980 per month or $59,760 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

1,852 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
$1,467/month
-
One Bedroom
$1,522/month
-
Two Bedroom
$1,757/month
-
Three Bedroom
$2,142/month
-
Search
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Nearby City Rent Trends

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Apartment communities in Meridian we think you'll love

Aren

Aren

1066 S Silverstone Way,
Meridian, ID 83642

$1,425 - $1,875

Studio - 2 Beds

Tauri

Tauri

12673 W Ashcreek St,
Boise, ID 83713

$1,550 - $2,475

1-3 Beds

Modern Craftsman - Black Cat

Modern Craftsman - Black Cat

6580 N Crafted Ln,
Meridian, ID 83646

$1,615 - $3,050

1-3 Beds

Dovetail

Dovetail

1350 N Webb Way,
Meridian, ID 83642

$1,632 - $4,819

1-3 Beds

Property Management Companies in Meridian, ID

TableRock Residential
TableRock Residential
  • 21

    Communities

  • 2,106

    Units

  • 5

    Cities

13 Communities in Meridian
Avenue5 Residential
Avenue5 Residential
  • 548

    Communities

  • 122,772

    Units

  • 218

    Cities

12 Communities in Meridian
Brighton
Brighton
  • 15

    Communities

  • 2,153

    Units

  • 7

    Cities

10 Communities in Meridian
Roundhouse
Roundhouse
  • 36

    Communities

  • 7,069

    Units

  • 15

    Cities

8 Communities in Meridian
Commercial Northwest Property Management
Commercial Northwest Property Management
  • 17

    Communities

  • 1,128

    Units

  • 5

    Cities

7 Communities in Meridian
Aura Living
Aura Living
  • 10

    Communities

  • 1,394

    Units

  • 3

    Cities

7 Communities in Meridian
Essex Financial Group
Essex Financial Group
  • 17

    Communities

  • 3,280

    Units

  • 9

    Cities

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

    Communities

  • 3,659

    Units

  • 11

    Cities

3 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 February 2026.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity

© 2026 CoStar Group, Inc.

Equal Housing Opportunity