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Rental Market Trends in Meridian, ID

Updated September 2026

The average rent in Meridian, ID is $1,588/month.

Rent in Meridian is roughly equal to the national average rent of of $1,664/month.

$1,588/month

Average Rent

722 Sq Ft

Average Size

+6.2%

Change / Year

1,115

Available Apartments

Meridian rent varies by unit size and layout:

  • Studio apartments in Meridian average $1,485 per month.
  • One-bedroom apartments in Meridian average $1,588 per month.
  • Two-bedroom apartments in Meridian average $1,774 per month.
  • Three-bedroom apartments in Meridian average $2,045 or more per month.

Average Rent by Home Type

Bedrooms
Average Rent
Average Sq Ft
Studio
$1,485/month
530 Sq Ft
One Bedroom
$1,588/month
722 Sq Ft
Two Bedroom
$1,774/month
999 Sq Ft
Three Bedroom
$2,045/month
1,336 Sq Ft
Bedrooms
Average Rent
Average Sq Ft
One Bedroom
$1,047/month
353 Sq Ft
Two Bedroom
$1,739/month
907 Sq Ft
Three Bedroom
$2,424/month
1,603 Sq Ft
Four Bedroom
$2,833/month
2,209 Sq Ft
Bedrooms
Average Rent
Average Sq Ft
Three Bedroom
$2,307/month
1,569 Sq Ft
Four Bedroom
$2,991/month
1,770 Sq Ft
View Meridian Apartments

How much has average rent changed in Meridian, ID?

In the past year, rent has increased by 6.2%, which averages out to $99 more per month.

Market Trends Over Time

September 2026

2025 2026
Market Trends Over Time

Rent Ranges in Meridian, ID

September 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
12% $1,001 - $1,500/month
62% $1,501 - $2,000/month
23% Above $2,000/month

Rent by Neighborhood

  • 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
$1,656/month
761 Sq Ft
Southeast Meridian
$1,719/month
756 Sq Ft
Northeast Meridian
$2,095/month
804 Sq Ft
Northwest Meridian
$2,149/month
855 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
$2,149/month
855 Sq Ft
Northeast Meridian
$2,095/month
804 Sq Ft
Southeast Meridian
$1,719/month
756 Sq Ft
Southwest Meridian
$1,656/month
761 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
$2,095/month
804 Sq Ft
Northwest Meridian
$2,149/month
855 Sq Ft
Southeast Meridian
$1,719/month
756 Sq Ft
Southwest Meridian
$1,656/month
761 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 $1,588, you’ll want to make about $5,293 per month or $63,516 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

1,115 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.

View the Meridian Area Guide

Apartment Averages

Southwest Meridian

Meridian, ID

Northwest Meridian

Meridian, ID

Studio
$1,480/month
-
One Bedroom
$1,540/month
$1,598/month
Two Bedroom
$1,745/month
$1,780/month
Three Bedroom
$1,945/month
$1,912/month
View Rentals
View Rentals

Compare Rent Trends Nearby

Get a clearer picture of the area by viewing rent trends in nearby cities.

  • Nampa

    Nampa

    Avg Rent: $1,425/month

  • Garden City

    Garden City

    Avg Rent: $2,066/month

  • Kuna

    Kuna

    Avg Rent: $1,490/month

  • Star

    Star

    Avg Rent: $1,665/month

  • Boise

    Boise

    Avg Rent: $1,546/month

  • Eagle

    Eagle

    Avg Rent: $1,629/month

  • Caldwell

    Caldwell

    Avg Rent: $1,338/month

Apartment Communities in Meridian We Think You'll Love

Aren

Aren

1066 S Silverstone Way,
Meridian, ID 83642

Studio - 2 Beds | $1,520 - $1,920

Tauri

Tauri

12673 W Ashcreek St,
Boise, ID 83713

1-3 Beds | $1,600 - $2,400

The Enclave Townhomes

The Enclave Townhomes

1440 N Locust Grove Rd,
Meridian, ID 83642

2-3 Beds | $1,990 - $2,025

Modern Craftsman - Black Cat

Modern Craftsman - Black Cat

6580 N Crafted Ln,
Meridian, ID 83646

1-3 Beds | $1,661 - $2,951

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Frequently Asked Questions

What is the average rent in Meridian?

The average rent in Meridian is $1,588 per month, which is 4.6% lower than the national average of $1,664.

What is the average rent for a house in Meridian?

The average rent for a house in Meridian, ID is $2,424 per month.

Are rents going up or down in Meridian?

Rents in Meridian, ID are increasing, with prices up 6.2% year-over-year and $99 more per month.

What rent range is most common in Meridian?

In Meridian, ID, 62% of apartments fall between $1,501 - $2,000/month, though prices may vary depending on location and other factors.

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 September 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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Equal Housing Opportunity

© 2026 CoStar Group, Inc.

Equal Housing Opportunity