Last updated
Average Rent in Meridian, ID & Rent Trends
Rent prices and market trends across 10 apartment communities in Meridian, ID. Updated daily.
Market Average
$1,984/mo
▼ 1.5% from last month
Lowest Available
$1,500/mo
cheapest unit on market
Communities
10
tracked daily
Units Listed
37
available now
Rent by Neighborhood in Meridian, ID
Compare average rent across Meridian, ID neighborhoods. Click any area to see detailed trends.
| Neighborhood | Avg Rent | From | Properties | Units |
|---|---|---|---|---|
| West Cloverdale | $2,307 | $2,307 | 1 | 2 |
| Meridian 83646 | $1,995 | $1,629 | 2 | 22 |
| Meridian 83642 | $1,865 | $1,000 | 9 | 71 |
Is Rent Going Up or Down in Meridian, ID?
As of July 2026, the average rent in Meridian, ID is $1,984 per month across 10 apartment communities and 37 available units. Rents have decreased $29 (1.5%) over the past month.
The most affordable option is Cornerstone Property Management starting at $1,500/mo. By unit type, a 2-bedroom averages $1,984/mo.
Prices range from $1,500 to $2,471 per month. The most common price point is the $1,800 range, where 24 units are currently listed.
Meridian, ID Rent Price History
Rent Price Distribution
Rent by Bedroom Type in Meridian, ID
Rent Prices by Apartment in Meridian, ID
| Property | Starting at | Average | Units | Rating |
|---|---|---|---|---|
| Cornerstone Property Management | $1,500/mo | $1,500/mo | 1 | 4.2 |
| The Lofts at Ten Mile | $1,586/mo | $1,763/mo | 2 | 3.8 |
| Old Town Lofts | $1,779/mo | $1,885/mo | 5 | 5 |
| Cortland at Ten Mile | $1,860/mo | $1,875/mo | 2 | 4.2 |
| Prelude at Paramount | $1,886/mo | $1,918/mo | 10 | 3.2 |
| Altair | $1,900/mo | $1,930/mo | 5 | 3.9 |
| Olympus at Ten Mile | $1,908/mo | $2,190/mo | 2 | 4.7 |
Google Search Trends for Meridian, ID Apartments
Search interest for apartments in this area over the past 12 months.
Search Interest Over Time
Frequently Asked Questions About Rent in Meridian, ID
What is the average rent in Meridian, ID?
Is rent going up or down in Meridian, ID?
What is the cheapest apartment in Meridian, ID?
How many apartments are available 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
$79,000/year
Based on the 30 percent rule, using our tracked average rent of $1,984/mo.
Comfortable income
$95,000/year
Based on the 25 percent rule, leaving more room for savings, transport, and groceries.
To afford the cheapest tracked apartment ($1,500/mo), you need to earn at least $60,000/year.
Median household income in Meridian, ID is $98,686 , about 4% 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) | $1,984 |
| Utilities | $422 |
| Groceries | $517 |
| Transportation | $1,006 |
| Healthcare | $491 |
| Other goods and services | $785 |
| Estimated total | $5,206/mo |
Population
124,865
Median household income
$98,686
Census median rent
$1,714/mo
Rent as % of income
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.
Explore Meridian, ID Apartments
Browse all 10 communities with daily-updated pricing and availability.