Most Affordable Neighborhoods in Meridian, ID
Some of the cheapest neighborhoods in Meridian are Old Town Meridian, Northwest Meridian, and Southeast Meridian. These neighborhoods offer some of the lowest rent prices in Meridian, making them ideal for renters on a budget. As of April 21, 2025, the average rent in Meridian is $1,488, which is 0.9% higher 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
$1,395/Month
Year-Over-Year Rent Change
2.7%
TransitScore® Rating
0/100
Units Available
5 Rentals
Old Town Meridian is a top choice for budget-conscious renters for a variety of reasons. The average rent in Old Town Meridian is $1,395 while the city average is $1,488. This is a 2.7% difference from last year. Residents enjoy convenient access to 1524-1608 N Meridian Rd, University of Idaho, and Boise Air Trml/Gowen Field. The neighborhood is considered walkable with a WalkScore® of 72.
Northwest Meridian
Average Rent
$1,599/Month
Year-Over-Year Rent Change
4.2%
TransitScore® Rating
0/100
Units Available
49 Rentals
When you’re looking for a great Meridian neighborhood on a budget, check out Northwest Meridian. The average rent is $1,599, compared to the city average of $1,488. Rent prices have increased by 4.2%. Northwest Meridian is convenient to Boise WaterShed, Esther Simplot Park, and Boise State University. The community is car-dependent with a WalkScore® of 41.
Southeast Meridian
Average Rent
$1,625/Month
Year-Over-Year Rent Change
1%
TransitScore® Rating
1/100
Units Available
106 Rentals
Southeast Meridian is an affordable neighborhood in Meridian with an average rent price of $1,625. Compare this to the city average of $1,488. In the past year, rent prices have increased by 1%. Southeast Meridian provides easy access to Boise National Forest, Boise WaterShed, and Bernardine Quinn Riverside Park. It’s a car-dependent neighborhood with a WalkScore® of 41.
Southwest Meridian
Average Rent
$1,637/Month
Year-Over-Year Rent Change
0.4%
TransitScore® Rating
1/100
Units Available
62 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 $1,637, while the city’s average stands at $1,488. In the last year, prices have increased by 0.4%. Southwest Meridian is near Boise National Forest, Southern Springs, and Northwest Nazarene University.
Northeast Meridian
Average Rent
$1,640/Month
Year-Over-Year Rent Change
0.4%
TransitScore® Rating
0/100
Units Available
52 Rentals
Northeast Meridian is a top choice for budget-conscious renters for a variety of reasons. The average rent in Northeast Meridian is $1,640 while the city average is $1,488. This is a -0.4% difference from last year. Residents enjoy convenient access to Boise WaterShed, Arboretum Park, and Boise Air Trml/Gowen Field. The neighborhood is considered somewhat walkable with a WalkScore® of 52.
Ready to make your move to Meridian? Check out the rent specials, price drops, and great deals on ApartmentFinder.com!
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.