Most Affordable Neighborhoods in Meridian, ID

Some of the cheapest neighborhoods in Meridian are Southeast Meridian, Northwest Meridian, and Southwest Meridian. These neighborhoods offer some of the lowest rent prices in Meridian, making them ideal for renters on a budget. As of June 14, 2025, the average rent in Meridian is $1,504, which is 1.9% 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.

Southeast Meridian

Average Rent

$1,659/Month

Year-Over-Year Rent Change

2.2%

TransitScore® Rating

1/100

Units Available

95 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 $1,659, while the city’s average stands at $1,504. In the last year, prices have increased by 2.2%. Southeast Meridian is near Northwest Nazarene University, El Dorado Marketplace, and Bernardine Quinn Riverside Park.

Northwest Meridian

Average Rent

$1,662/Month

Year-Over-Year Rent Change

5.1%

TransitScore® Rating

0/100

Units Available

49 Rentals

Northwest Meridian is a top choice for budget-conscious renters for a variety of reasons. The average rent in Northwest Meridian is $1,662 while the city average is $1,504. This is a 5.1% difference from last year. Residents enjoy convenient access to 3149 Quintale Dr, Boise Air Trml/Gowen Field, and Cherry Crossing. The neighborhood is considered car-dependent with a WalkScore® of 41.

Southwest Meridian

Average Rent

$1,685/Month

Year-Over-Year Rent Change

0.4%

TransitScore® Rating

1/100

Units Available

44 Rentals

When you’re looking for a great Meridian neighborhood on a budget, check out Southwest Meridian. The average rent is $1,685, compared to the city average of $1,504. Rent prices have increased by 0.4%. Southwest Meridian is convenient to Meridian Promenade, Arboretum Park, and Ten Mile Crossing. The community is car-dependent with a WalkScore® of 32.

Northeast Meridian

Average Rent

$1,744/Month

Year-Over-Year Rent Change

0.5%

TransitScore® Rating

0/100

Units Available

56 Rentals

Northeast Meridian is an affordable neighborhood in Meridian with an average rent price of $1,744. Compare this to the city average of $1,504. In the past year, rent prices have increased by 0.5%. Northeast Meridian provides easy access to Mason Creek, Arboretum Park, and Eagle Island State Park. It’s a somewhat walkable neighborhood with a WalkScore® of 52.

Redfeather Estates

Average Rent

$1,963/Month

TransitScore® Rating

0/100

Units Available

24 Rentals

If you’re looking for a great, affordable neighborhood in Meridian, Redfeather Estates might be the perfect place! It has an average rent price of $1,963, while the city’s average stands at $1,504. Redfeather Estates is near University of Idaho, Arboretum Park, and The Village At Meridian.

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.