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Rental Market Trends in Meridian, ID

What is the average rent in Meridian, ID?

$1,542/month

Average Rent

722 Sq Ft

Average Apartment Size

+2.4%

Increase in the Last Year

As of June 2026, the average rent in Meridian, ID is $1,542 per month. For comparison, the national average rent price in the US is currently $1,644/month, which means Meridian rent prices are 6% lower than the national average. When you rent an apartment in Meridian, you can expect to pay about $1,418 per month for a studio, $1,542 for a one-bedroom apartment, and around $1,722 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $2,019 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$1,418/month
530 Sq Ft
One Bedroom
$1,542/month
722 Sq Ft
Two Bedroom
$1,722/month
1,000 Sq Ft
Three Bedroom
$2,019/month
1,324 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$1,745/month
1,009 Sq Ft
Three Bedroom
$2,285/month
1,549 Sq Ft
Four Bedroom
$2,790/month
2,171 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$1,683/month
1,051 Sq Ft
Three Bedroom
$2,553/month
1,772 Sq Ft

How much has average rent changed in Meridian, ID?

In the past year, rent has increased by 2.4%, which averages out to $37 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 June 2026
Legend
2025 2026
Market Trends Over Time
Rent Ranges in Meridian, ID
Last Updated June 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
15% $1,001 - $1,500/month
63% $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, Southwest Meridian, Southeast Meridian and Northeast Meridian are the most affordable neighborhoods in Meridian.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Southwest Meridian
$1,630/month
833 Sq Ft
Southeast Meridian
$1,675/month
734 Sq Ft
Northeast Meridian
$2,351/month
874 Sq Ft
Northwest Meridian
$2,488/month
918 Sq Ft

What are the most expensive neighborhoods in Meridian?

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

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Northwest Meridian
$2,488/month
918 Sq Ft
Northeast Meridian
$2,351/month
874 Sq Ft
Southeast Meridian
$1,675/month
734 Sq Ft
Southwest Meridian
$1,630/month
833 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
$2,351/month
874 Sq Ft
Northwest Meridian
$2,488/month
918 Sq Ft
Southeast Meridian
$1,675/month
734 Sq Ft
Southwest Meridian
$1,630/month
833 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 $1,542, you’ll want to make about $5,140 per month or $61,680 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

1,635 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

Southwest Meridian

Meridian, ID

Northwest Meridian

Meridian, ID

Studio
$1,403/month
-
One Bedroom
$1,498/month
$1,559/month
Two Bedroom
$1,713/month
$1,724/month
Three Bedroom
$1,927/month
$1,903/month
Search
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Apartment communities in Meridian we think you'll love

Aren

Aren

1066 S Silverstone Way,
Meridian, ID 83642

$1,520 - $1,955

Studio - 2 Beds

Tauri

Tauri

12673 W Ashcreek St,
Boise, ID 83713

$1,540 - $2,225

1-3 Beds

Altair

Altair

2743 W Peak Cloud Ln,
Meridian, ID 83642

$1,425 - $2,775

Studio - 2 Beds

The Enclave Townhomes

The Enclave Townhomes

1440 N Locust Grove Rd,
Meridian, ID 83642

$1,965 - $2,225

2-3 Beds

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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 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.

* Percentages may not total 100 due to rounding.

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© 2026 CoStar Group, Inc. Equal Housing Opportunity

Equal Housing Opportunity

© 2026 CoStar Group, Inc.

Equal Housing Opportunity