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 March 30, 2025, the average rent in Meridian is $1,473, 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

$1,565/Month

Year-Over-Year Rent Change

2.5%

TransitScore® Rating

0/100

Units Available

14 Rentals

When you’re looking for a great Meridian neighborhood on a budget, check out Old Town Meridian. The average rent is $1,565, compared to the city average of $1,473. Rent prices have increased by 2.5%. Old Town Meridian is convenient to Boise Air Trml/Gowen Field, Boise WaterShed, and Boise National Forest. The community is walkable with a WalkScore® of 72.

Northwest Meridian

Average Rent

$1,590/Month

Year-Over-Year Rent Change

2%

TransitScore® Rating

0/100

Units Available

64 Rentals

Northwest Meridian is an affordable neighborhood in Meridian with an average rent price of $1,590. Compare this to the city average of $1,473. In the past year, rent prices have decreased by 2%. Northwest Meridian provides easy access to 3149 Quintale Dr, Northwest Nazarene University, and Cherry Crossing. It’s a car-dependent neighborhood with a WalkScore® of 41.

Southeast Meridian

Average Rent

$1,593/Month

Year-Over-Year Rent Change

1.3%

TransitScore® Rating

1/100

Units Available

123 Rentals

If you’re looking for a great, affordable neighborhood in Meridian, Southeast Meridian might be the perfect place! It has an average rent price of $1,593, while the city’s average stands at $1,473. In the last year, prices have increased by 1.3%. Southeast Meridian is near Boise State University, Gramercy Village, and University of Idaho.

Southwest Meridian

Average Rent

$1,594/Month

Year-Over-Year Rent Change

0.6%

TransitScore® Rating

1/100

Units Available

76 Rentals

Southwest Meridian is a top choice for budget-conscious renters for a variety of reasons. The average rent in Southwest Meridian is $1,594 while the city average is $1,473. This is a -0.6% difference from last year. Residents enjoy convenient access to Southern Springs, Boise National Forest, and Boise Air Trml/Gowen Field. The neighborhood is considered car-dependent with a WalkScore® of 32.

Northeast Meridian

Average Rent

$1,618/Month

Year-Over-Year Rent Change

0.7%

TransitScore® Rating

0/100

Units Available

57 Rentals

When you’re looking for a great Meridian neighborhood on a budget, check out Northeast Meridian. The average rent is $1,618, compared to the city average of $1,473. Rent prices have decreased by 0.7%. Northeast Meridian is convenient to Eagle Island State Park, Esther Simplot Park, and CentrePoint Marketplace. The community is 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.