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Prelude at Paramount apartments in Meridian, ID

Updated

Prelude at Paramount

4909 N Elsinore Ave, Meridian, ID 83646, USA

3.2 (92 reviews) Official Website

Live pricing, refreshed

21
Units Listed
$1,610.5
Starting at
$1,859
Average
$2,185.5
Highest
$1.76
Per Sq Ft
PRO
Avg Days Listed

How does this compare? View Meridian 83646 rent trends

Beds

Pricing by Bedroom

1 Bed
$1,627
from $1,610.5 · 5 units
~787 sqft avg
2 Bed
$1,873
from $1,849.5 · 13 units
~1,104 sqft avg
3 Bed
$2,185
from $2,182.5 · 3 units
~1,291 sqft avg

Rent Distribution

Price by Bedroom

Price Breakdown

Rent by Unit

Price vs. Square Footage

Price History

Timeframe

Property Price Trend

Units with Price Changes (5)

Last 15 days

Estimated Building Revenue

How is this calculated?

Rental revenue model

We follow each unit's listing activity at this building every day. When a unit stops being listed, we assume it leased at its last listed rent, adjusted for any advertised move-in special. Revenue is the sum of those assumed lease rents across the building's occupied units.

  • Building size: stated by the property itself
  • Occupancy: building size minus currently listed units
  • Rents: observed lease-offs first, current asking rents as fallback

These are research estimates, not financial statements from the operator. Confidence: high (building size is reported).

Est. Monthly Revenue

$469K

$5.6M annual run rate

Est. Occupancy

93%

of about 280 units (reported building size)

Effective Rent on New Leases

$1,812

vs $1,859 current asking ($47 negotiation gap)

Recent Lease Activity

53 units tracked; 32 assumed leased, 21 listed now

See which units leased, when they left the market, and the rent they leased at.

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Property Intelligence

How is this calculated?

Negotiation Leverage Score (0-100)

Based on 5 observable signals from the property's listing data:

  • +30 pts: 15+ units currently listed
  • +25 pts: Active move-in specials
  • +20 pts: Deep discounts (>$150/mo off)
  • +15 pts: 5+ distinct floor plans
  • +10 pts: 25+ units listed

All signals come directly from the property's own listings. Occupancy and building size appear only in the Estimated Building Revenue section, and only when the building size is stated by the property or our unit-level observation history is deep enough to model it.

Listed Units

21

Good availability

4 floor plans

Move-in Specials

0

No active promotions

Negotiation Leverage

Moderate leverage

Some signals suggest room to negotiate, especially if you can be flexible on move-in date.

Price vs. Meridian, ID

Similar

Comparing this building against 6 similar Meridian, ID apartments by price. Click any bar to view that building.

See rent trends on the Meridian, ID map Explore Meridian, ID on the interactive map

Available Units

21 units

Select a unit to see its larger layout, price history, and link to the rental site.

Filter by unit features

Match all selected features. Layout filters use this unit’s matched floor plan. Missing details do not mean a feature is absent.

Unit features
Accessibility listedPro

Counts show listed matches. Accessibility labels do not describe every access need. Confirm specific features with leasing.

1 Bed / 1 Bath Unit B202
$1,610.5/mo
787 ft² · $2.05/ft²

Available: Oct 31, 2026

1 Bed / 1 Bath Unit T303
$1,620.5/mo
787 ft² · $2.06/ft²

Available: Nov 25, 2026

1 Bed / 1 Bath Unit O302
$1,620.5/mo
787 ft² · $2.06/ft²

Available: Oct 30, 2026

1 Bed / 1 Bath Unit N302
$1,620.5/mo
787 ft² · $2.06/ft²

Available: Now

Up $16 since Oct 1 (was $1,605)
1 Bed / 1 Bath Unit O103
$1,660.5/mo
787 ft² · $2.11/ft²

Available: Nov 6, 2026

2 Bed / 2 Bath Unit T201
$1,849.5/mo
1,092 ft² · $1.69/ft²

Available: Nov 3, 2026

2 Bed / 2 Bath Unit I201
$1,849.5/mo
1,092 ft² · $1.69/ft²

Available: Nov 12, 2026

2 Bed / 2 Bath Unit Q204
$1,849.5/mo
1,092 ft² · $1.69/ft²

Available: Now

2 Bed / 2 Bath Unit J304
$1,859.5/mo
1,092 ft² · $1.70/ft²

Available: Oct 21, 2026

2 Bed / 2 Bath Unit M304
$1,859.5/mo
1,092 ft² · $1.70/ft²

Available: Oct 24, 2026

Fees, Parking & True Monthly Cost

Monthly Fees

$33.5/mo

Added to base rent automatically

True Monthly Cost

$1,644

Starting price + fees

Garages and parking

Parking, wellness and pet policy details for this building are available to Pro members: garage type and any monthly fee, bike storage, EV charging, amenities such as a sauna or cold plunge, and stated pet rent and weight limits.

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City Club

Resident Notes & Access Codes

Real tips from people who lived at this property: what leasing and daily living are actually like, plus the gate, parking, and entry codes you only learn once you move in. See all Meridian, ID notes

No resident notes for this property yet.

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