Disclaimer: Covid-19 may have impacted rent prices in a way that is not yet reflected in our reports. When referencing the data published on this page, please keep in mind that the data provided here may not accurately depict the current reality of the market.
Meridian, ID Rental Market Trends
What is the average rent in Meridian?
The average rent for an apartment in Meridian is $1,689. The cost of rent varies depending on several factors, including location, size, and quality.
Average Rent in Meridian, ID
Last updated February 2022
| Average Rent | Average Apartment Size |
|---|---|
| $1,689 | 977 sq. ft. |
What is the average apartment size in Meridian?
The average size for a Meridian, ID apartment is 977 square feet, but this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.
Meridian, ID Apartment Rent Ranges
Meridian, ID Occupied Housing Units
9,837 or 25% of the households in Meridian, ID are renter-occupied while 28,212 or 74% are owner-occupied.
Meridian, ID Rent Trends
| Average Rent | Nov / 2018 | Mar / 2019 | Jul / 2019 | Nov / 2019 | Mar / 2020 | Jul / 2020 | Nov / 2020 | Mar / 2021 | Jul / 2021 | Nov / 2021 | Feb / 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Meridian, ID | $1,165 | $1,180 | $1,232 | $1,238 | $1,266 | $1,282 | $1,351 | $1,447 | $1,598 | $1,702 | $1,689 |
| National | $1,362 | $1,367 | $1,399 | $1,407 | $1,409 | $1,399 | $1,403 | $1,412 | $1,495 | $1,591 | $1,628 |
How Meridian Compares to Other Cities
| City | Average Rent |
|---|---|
| Boise City | $1,574 |
| Kennewick | $1,299 |
| Richland | $1,367 |
| Nampa | $1,448 |
| Caldwell | $1,395 |
| Post Falls | $1,411 |
| Meridian | $1,689 |
| Pasco | $1,198 |
| Pullman | $1,237 |
| Coeur d'Alene | $1,384 |
| Eagle | $1,798 |
Most Popular Apartments in Meridian
Jasper Apartments
1018 N. Webb Way, Meridian, ID 83642- 1 BED
- 2 BEDS
- 3 BEDS
- $1,604+
- $1,845+
- Ask for pricing
Verraso Village
2885 N Records Ave, Meridian, ID 83646- 2 BEDS
- 3 BEDS
- 4 BEDS
- Ask for pricing
- $2,362+
- Ask for pricing
Prelude At Paramount
4909 N. Elsinore Avenue, Meridian, ID 83646- 1 BED
- 2 BEDS
- 3 BEDS
- $1,619+
- $1,929+
- Ask for pricing
The rental statistics on this page were compiled using data provided by our sister company, Yardi Matrix, an apartment market intelligence solution which offers comprehensive information on all Meridian apartment buildings 50 units or larger. Yardi Matrix covers ~80% of the U.S. metro area population, including over 80,000 properties and 15.2 million apartments across 124 U.S. markets.