Best Affordable Neighborhoods in Meridian, ID

Some of the cheapest neighborhoods in Meridian are Southeast 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 April 28, 2026, the average rent in Meridian is $1,500, which is 1.5% 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.

Southeast Meridian

Average Rent

$1,592/Month

Year-Over-Year Rent Change

0.7%

Units Available

36 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 $1,592, while the city’s average stands at $1,500. In the last year, prices have increased by 0.7%. Southeast Meridian is near Eagle Island State Park, Bowden Park, and El Dorado Marketplace.

Southwest Meridian

Average Rent

$1,821/Month

Year-Over-Year Rent Change

1.9%

Units Available

39 Rentals

Southwest Meridian is a top choice for budget-conscious renters for a variety of reasons. The average rent in Southwest Meridian is $1,821 while the city average is $1,500. This is a 1.9% difference from last year. Residents enjoy convenient access to Southern Springs, Meridian Promenade, and Eagle Island State Park.

Northwest Meridian

Average Rent

$2,173/Month

Year-Over-Year Rent Change

1.1%

Units Available

72 Rentals

When you’re looking for a great Meridian neighborhood on a budget, check out Northwest Meridian. The average rent is $2,173, compared to the city average of $1,500. Rent prices have decreased by 1.1%. Northwest Meridian is convenient to Eagle Island State Park, Boise National Forest, and Boise WaterShed.

Northeast Meridian

Average Rent

$2,198/Month

Year-Over-Year Rent Change

2.6%

Units Available

84 Rentals

Northeast Meridian is an affordable neighborhood in Meridian with an average rent price of $2,198. Compare this to the city average of $1,500. In the past year, rent prices have increased by 2.6%. Northeast Meridian provides easy access to Boise State University, Mason Creek, and Boise National Forest.

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.