Most Affordable Neighborhoods in Meridian, ID
Some of the cheapest neighborhoods in Meridian are Old Town Meridian, Southwest Meridian, and Northwest Meridian. These neighborhoods offer some of the lowest rent prices in Meridian, making them ideal for renters on a budget. As of November 25, 2024, the average rent in Meridian is $1,463, which is 0.5% lower than last year. However, it's important to remember that rental prices can vary significantly based on factors such as location, amenities, and floor plans.
Old Town Meridian
Average Rent
$1,458/Month
Year-Over-Year Rent Change
0.7%
TransitScore® Rating
0/100
Units Available
5 Rentals
Old Town Meridian is an affordable neighborhood in Meridian with an average rent price of $1,458. Compare this to the city average of $1,463. In the past year, rent prices have increased by 0.7%. Old Town Meridian provides easy access to Green Acres Plaza, Bernardine Quinn Riverside Park, and Boise WaterShed. It’s a somewhat walkable neighborhood with a WalkScore® of 69.
Southwest Meridian
Average Rent
$1,492/Month
Year-Over-Year Rent Change
0.1%
TransitScore® Rating
1/100
Units Available
65 Rentals
If you’re looking for a great, affordable neighborhood in Meridian, Southwest Meridian might be the perfect place! It has an average rent price of $1,492, while the city’s average stands at $1,463. In the last year, prices have decreased by 0.1%. Southwest Meridian is near Eagle Island State Park, Boise WaterShed, and Ten Mile Crossing.
Northwest Meridian
Average Rent
$1,544/Month
Year-Over-Year Rent Change
5%
TransitScore® Rating
0/100
Units Available
79 Rentals
Northwest Meridian is a top choice for budget-conscious renters for a variety of reasons. The average rent in Northwest Meridian is $1,544 while the city average is $1,463. This is a -5% difference from last year. Residents enjoy convenient access to Boise State University, Cedar Springs Professional Center, and 3149 Quintale Dr. The neighborhood is considered car-dependent with a WalkScore® of 41.
Southeast Meridian
Average Rent
$1,587/Month
Year-Over-Year Rent Change
2.6%
TransitScore® Rating
1/100
Units Available
82 Rentals
When you’re looking for a great Meridian neighborhood on a budget, check out Southeast Meridian. The average rent is $1,587, compared to the city average of $1,463. Rent prices have increased by 2.6%. Southeast Meridian is convenient to El Dorado Marketplace, Bernardine Quinn Riverside Park, and Eagle Island State Park. The community is car-dependent with a WalkScore® of 41.
Northeast Meridian
Average Rent
$1,701/Month
Year-Over-Year Rent Change
1.6%
TransitScore® Rating
0/100
Units Available
48 Rentals
Northeast Meridian is an affordable neighborhood in Meridian with an average rent price of $1,701. Compare this to the city average of $1,463. In the past year, rent prices have decreased by 1.6%. Northeast Meridian provides easy access to Gateway Marketplace, Boise Air Trml/Gowen Field, and University of Idaho. It’s a somewhat walkable neighborhood with a WalkScore® of 52.
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Methodology
Transit Score measures access to public transit. Scores range from 0 (minimal transit) to 100 (rider’s paradise). Learn more about the Transit Score methodology. Rental data is sourced from CoStar Group’s Market Trend reports. As a leading authority in commercial real estate information, analytics, and news, CoStar performs in-depth research to build and sustain an extensive database of commercial real estate insights.
We've combined this data with public records to provide the most current rental information available.