Rental market snapshot for Meridian, Idaho

Meridian, Idaho Rental Property Market Overview

The average rent for an apartment in Meridian is $1,848. The cost of rent varies depending on several factors, including location, size, and quality.

The average rent has decreased by -9.3% over the past year.

Meridian is a city located in the southwestern part of the U.S. state of Idaho. As of the 2010 census, the population of Meridian was 75,092, making it the third largest city in Idaho after Boise and Nampa. Meridian is the state's newest city, incorporated in 1991, and is the location of the Boise metropolitan area's headquarters of numerous corporations, businesses, and organizations. The city is also home to the Idaho State University – Meridian and the Meridian campus of Boise State University. Meridian is the largest city in Ada County and the principal city of the Boise City–Nampa, Idaho Metropolitan Statistical Area.

Last Updated December 23, 2022

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Average monthly rent graph in Meridian Idaho | Cost of Living

  • The most expensive ZIP Code in Meridian is 83642 with an average price of $1,750
  • The cheapest ZIP Code in Meridian is 83642 with an average price of $1,695

Meridian ZIP Codes with the highest, most expensive rent

#zip codeaverage rent
183642$1,750

Live near Meridian, Idaho's Top Sights and Attractions

Julius Kleiner Memorial Park is a beautiful park that offers a variety of activities for visitors to enjoy. The park has a playground, a pond, a walking trail, and a picnic area. Visitors can also rent paddle boats and go fishing in the pond.

Settlers Park is a large park with a playground, a pond, and a walking path. The park also has a gazebo and a pavilion.

Heroes Park is a beautiful park located in the heart of Meridian, Idaho. The park features a variety of amenities including a playground, picnic tables, a walking path, and a pond. The pond is home to a variety of fish and ducks, and is a popular spot for families to visit.

Storey Park is a beautiful park located in the heart of Meridian. The park features a large pond, walking trails, and a playground.

Discovery Park is a family-friendly attraction that features a variety of interactive exhibits designed to educate and entertain visitors of all ages. The park also features a playground, picnic area, and walking trails.

Heritage Ballfields is a baseball stadium located in Meridian, Idaho. The stadium is home to the Idaho Falls Chukars, a minor league baseball team affiliated with the Kansas City Royals. The stadium has a capacity of 3,500 people and features a concessions stand, a souvenir shop, and a playground.

Gordon Harris Park is a beautiful park located in the heart of Meridian. The park features a large pond, walking trails, and a playground.

Scentsy Commons is an interactive, family-friendly destination that features a variety of shops and restaurants. Visitors can explore the grounds, which include a pond and fountain, or take a stroll through the nearby park. The commons also features a playground and a variety of events throughout the year.

Meridian, Idaho area median rent change by ZIP Code map

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How does Meridian compare to other cities in Idaho ?

citymedian price
Kuna$1,950
Boise$1,855
Meridian$2,200
Post Falls$1,825
Garden City$1,895
Garden City$1,807
Hayden$2,075

Average household income in Meridian area graph - US Census

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The median household income in Meridian in 2021 was $76,403. This represents a 20.5% change from 2011 when the median was $63,388.

#categorypercent
0Less than $10,0003.7%
1$10,000 to $14,9991.9%
2$15,000 to $19,9992.1%
3$20,000 to $24,9992.7%
4$25,000 to $29,9992.3%
5$30,000 to $34,9993.9%
6$35,000 to $39,9992.8%
7$40,000 to $44,9995.0%
8$45,000 to $49,9993.8%
9$50,000 to $59,9998.4%
10$60,000 to $74,99912.0%
11$75,000 to $99,99916.7%
12$100,000 to $124,99911.6%
13$125,000 to $149,9997.0%
14$150,000 to $199,9997.1%
15$200,000 or more9.0%

Frequently asked questions

Our data is best categorized as "alternative data", which is a burgeoning sector. Through partnerships and direct feeds, we extract key factual elements that are publicly available within rental listings on internet listing sites and property websites. Once aggregated, we mine through the data to parse out relevant insights and calculate important metrics, benchmarks, and other KPIs. Each week, our system sifts through millions of listing observations and other pockets of market information to deliver the most comprehensive picture of rental housing available.

This is a metric that we try not to overthink. Simply, we take each unique listing observation within a geographic boundary and calculate a simple average. Of course, we're careful to filter for duplicates and other listings that aren't reflective of the market.

Yes, but please attribute us accordingly.

Yes. We can deliver bulk raw data in various formats. Please contact us to discuss - [email protected]

While some of our data is refreshed daily and other data comes in weekly, the bulk of it comes in on a biweekly basis.

Our coverage is nationwide! In our platform, we have data points for every ZIP code and neighborhood boundary in the country.

Every rental housing unit is differentiated by attributes such as its location, square footage, and amenity composition. Thanks to machine learning and natural language processing technologies we deploy, we're able to deconstruct our rental listing data points and identify key amenities for each listing. With this information, we're able to give signals around how certain amenities drive rental pricing value in certain areas.

Well, we think so! At the highest level, our process is simple. Listings data is ingested, cleaned (de-duplicated. etc.), analyzed for insights, and then presented to our users.
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