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Average Rent in Meridian, ID & Rent Trends

Rent prices and market trends across 7 apartment communities in Meridian, ID. Updated daily.

Market Average

$1,930/mo

Lowest Available

$1,621/mo

cheapest unit on market

Communities

7

tracked daily

Units Listed

51

available now

Rent Watch: cuts and increases

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0 cuts and 3 increases among 10 comparable listings this week. Filter by bedrooms and budget, then inspect each building’s history.

Rent by Neighborhood in Meridian, ID

Compare average rent across Meridian, ID neighborhoods. Click any area to see detailed trends.

Neighborhood Avg Rent 30d Change From Properties Units
Meridian 83642 $1,943 ▲  $57 $1,642 6 48
West Cloverdale $1,733 ▼  $180 $1,621 1 3

Is Rent Going Up or Down in Meridian, ID?

As of October 2026, the average rent in Meridian, ID is $1,930 per month across 7 apartment communities and 51 available units.

The most affordable option is Meritage West starting at $1,621/mo. By unit type, a 1-bedroom averages $1,764/mo, a 2-bedroom averages $1,991/mo, a 3-bedroom averages $2,552/mo.

Prices range from $1,621 to $2,765 per month. The most common price point is the $1,600 range, where 32 units are currently listed.

Meridian, ID Rent Price History

Timeframe
View as table
Month Avg Rent Change Properties
May 2026 $1,818 - 8
June 2026 $1,887 +$69 8
July 2026 $1,842 -$45 12
August 2026 $1,910 +$68 12
September 2026 $1,917 +$7 11
October 2026 $1,937 +$20 11

The trend line and monthly averages track each building's average listed price, recorded daily with outliers trimmed. The current month is a month-to-date figure, so it can sit above or below today's live market average shown at the top of this page.

Average Rent by Bedroom

Rent Price Distribution

Rent by Bedroom Type in Meridian, ID

1 Bed
$1,764
from $1,621 · 26 units
2 Bed
$1,991
from $1,760 · 20 units
3 Bed
$2,552
from $2,151 · 5 units

Rent Prices by Apartment in Meridian, ID

Property Starting at Average Units Rating
Meritage West $1,621/mo $1,733/mo 3 3.8
Old Town Lofts $1,642/mo $1,728/mo 2 5
Cortland at Ten Mile $1,686/mo $1,817/mo 9 4.2
Seasons at Meridian $1,703/mo $2,042/mo 18 4.6
The Lofts at Ten Mile $1,725/mo $1,779/mo 10 3.8
Olympus at Ten Mile $1,778/mo $2,071/mo 8 4.7
Bri at the Village $2,311/mo $2,311/mo 1 4.3

Frequently Asked Questions About Rent in Meridian, ID

What is the average rent in Meridian, ID?

The average rent in Meridian, ID is $1,930 per month as of October 2026, based on 51 units across 7 apartment communities.

Is rent going up or down in Meridian, ID?

The current average rent in Meridian, ID is $1,930/mo, refreshed daily to track rent trends.

What is the cheapest apartment in Meridian, ID?

The most affordable apartment in Meridian, ID is Meritage West with units starting at $1,621/mo.

How much is a 1-bedroom apartment in Meridian, ID?

A 1-bedroom apartment in Meridian, ID averages $1,764/mo, with prices starting at $1,621/mo across 26 available units.

How many apartments are available in Meridian, ID?

There are 51 units available across 7 apartment communities in Meridian, ID.

What salary do I need to live comfortably in Meridian, ID?

Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.

Minimum to afford average rent

$77,000/year

Based on the 30 percent rule, using our tracked average rent of $1,930/mo.

Comfortable income

$93,000/year

Based on the 25 percent rule, leaving more room for savings, transport, and groceries.

To afford the cheapest tracked apartment ($1,621/mo), you need to earn at least $65,000/year.

Median household income in Meridian, ID is $98,686 , about 7% above the comfortable-living threshold.

Cost of living in Meridian, ID

Overall prices in Meridian, ID runs below the national average by about 6% (BEA Regional Price Parity index 94.2, where 100 equals the U.S. average). The breakdown below estimates monthly costs for a single adult, using national consumer-spending baselines from the Bureau of Labor Statistics scaled by Meridian, ID's regional price parities.

Category Monthly estimate
Rent (market average) $1,930
Utilities $422
Groceries $517
Transportation $1,006
Healthcare $491
Other goods and services $785
Estimated total $5,152/mo

Population

124,865

Median household income

$98,686

Census median rent

$1,714/mo

Census rent burden

30.7%

Median age

37.4

Mean commute

22 min

Methodology

Rent data

Sourced directly from each tracked apartment community and refreshed every 24 hours. Every listed unit price on this page is real and listed today.

Cost of living

Estimates combine national consumer-spending baselines from the U.S. Bureau of Labor Statistics (Consumer Expenditure Survey) with the U.S. Bureau of Economic Analysis Regional Price Parities (MARPP dataset). Both are peer-reviewed federal data releases published annually.

Salary to live comfortably

Applies the standard 25 to 30 percent rent-to-income rule on top of the listed rent. This is the same affordability guideline used by most landlords and credit-scoring models.

Demographic figures

Median household income, population, median age, commute time, Census median rent, and rent as percentage of income come from the U.S. Census Bureau's American Community Survey 5-year estimates, the most recent complete release.

Cost of living and demographic figures were last published in 2023.

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