Meridian, ID Rental Market Trends
Last updated: October 19, 2025 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Meridian is $1,736, a 0.25% increase compared to the previous year, when the average rent was $1,732.
One-bedroom apartments provide 720 square feet for $1,500, balancing privacy and affordability.
Two-beedroom units at $1,766 offer 1,024 square feet, perfect for roommates or small families.
Three-bedroom apartments deliver maximum space (1,297 sq ft) for $2,104, suitable for larger households.
Average rent in Meridian, ID
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $1,736 | 973 sq. ft. |
| Studio | n/a | n/a |
| 1 Bed | $1,500 | 720 sq. ft. |
| 2 Beds | $1,766 | 1,024 sq. ft. |
| 3 Beds | $2,104 | 1,297 sq. ft. |
Meridian, ID rent trends
Rental prices in Meridian, ID have increased by 0.25% over the past year. The average rent moved from $1,732 to $1,736.
What's the typical rent budget in Meridian, ID?
The largest share of rentals in Meridian, ID (58%) fall between $1,501-$2,000 per month. This suggests that most people succesfully find suitable apartments within this price.
Do most people rent or own in Meridian, ID?
10,879 or 24% of the households in Meridian, ID are renter-occupied while 34,607 or 76% are owner-occupied.
How Meridian Compares to Other Cities
| City | Average Rent |
|---|---|
| Meridian | $1,736 |
| Boise | $1,681 |
| Post Falls | $1,541 |
| Coeur d'Alene | $1,550 |
| Caldwell | $1,753 |
| Nampa | $1,533 |
| Rathdrum | $1,698 |
| Eagle, ID | $1,845 |
| Garden City, ID | $1,712 |
| Kuna, ID | $1,690 |
Where this data comes from
The rental statistics on this page were compiled by RentCafe.com, a nationwide apartment search website trusted by millions of renters to find apartments and houses for rent throughout the U.S.
Rent prices, trends, and apartment sizes were calculated based on data from our sister company, Yardi Matrix, an apartment market intelligence solution that covers approximately 90% of the U.S. metro area population. The data includes comprehensive information on all Meridian apartment buildings with 50 or more units, totaling 23.5 million apartments across 181 U.S. markets.
Housing composition data was sourced from the U.S. Census Bureau, using the most recently available information by tenure.