Meridian, ID Rental Market Trends
The average rent for an apartment in Meridian is $1,224, a 3% increase compared to the previous year, when the average rent was $1,183.
Average Rent in Meridian, ID
|Average Rent||Y-o-Y Change||Average Apartment Size|
|$1,224||3%||979 sq. ft.|
The average size for a Meridian, ID apartment is 979 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
- Renter-occupied Households30%
- Owner-occupied Households69%
10,532 or 30% of the households in Meridian, ID are renter-occupied while 24,251 or 69% are owner-occupied.
Meridian, ID Rent Trends
|Mar / 2017||Jul / 2017||Nov / 2017||Mar / 2018||Jul / 2018||Nov / 2018||Mar / 2019||Jul / 2019||Nov / 2019||Feb / 2020|
How Meridian Compares to Other Cities
|Average Rent||Y-o-Y Change|
For more information about the Meridian rental trends, check out our monthly rent report
Curious about listings in your area? Check out our apartments near you for more details!