Best Affordable Neighborhoods in Meridian, ID
Some of the cheapest neighborhoods in Meridian are Paramount, Southeast 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 March 13, 2026, the average rent in Meridian is $1,492, which is 1.2% 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.
Paramount
Average Rent
$1,410/Month
TransitScore® Rating
0/100
Units Available
18 Rentals
Paramount is a top choice for budget-conscious renters for a variety of reasons. The average rent in Paramount is $1,410 while the city average is $1,492. Residents enjoy convenient access to Arboretum Park, University of Idaho, and Orchard Park. The neighborhood is considered car-dependent with a WalkScore® of 24.
Southeast Meridian
Average Rent
$1,533/Month
Year-Over-Year Rent Change
0.2%
TransitScore® Rating
1/100
Units Available
35 Rentals
When you’re looking for a great Meridian neighborhood on a budget, check out Southeast Meridian. The average rent is $1,533, compared to the city average of $1,492. Rent prices have decreased by 0.2%. Southeast Meridian is convenient to Gramercy Village, Bernardine Quinn Riverside Park, and Northwest Nazarene University. The community is car-dependent with a WalkScore® of 41.
Southwest Meridian
Average Rent
$1,694/Month
Year-Over-Year Rent Change
1.5%
TransitScore® Rating
1/100
Units Available
44 Rentals
Southwest Meridian is an affordable neighborhood in Meridian with an average rent price of $1,694. Compare this to the city average of $1,492. In the past year, rent prices have increased by 1.5%. Southwest Meridian provides easy access to Boise National Forest, Southern Springs, and Eagle Island State Park. It’s a car-dependent neighborhood with a WalkScore® of 32.
Northwest Meridian
Average Rent
$1,776/Month
Year-Over-Year Rent Change
0.1%
TransitScore® Rating
0/100
Units Available
80 Rentals
If you’re looking for a great, affordable neighborhood in Meridian, Northwest Meridian might be the perfect place! It has an average rent price of $1,776, while the city’s average stands at $1,492. In the last year, prices have increased by 0.1%. Northwest Meridian is near Cedar Springs Professional Center, Boise State University, and Northwest Nazarene University.
Northeast Meridian
Average Rent
$1,872/Month
Year-Over-Year Rent Change
1.6%
TransitScore® Rating
0/100
Units Available
75 Rentals
Northeast Meridian is a top choice for budget-conscious renters for a variety of reasons. The average rent in Northeast Meridian is $1,872 while the city average is $1,492. This is a 1.6% difference from last year. Residents enjoy convenient access to Eagle Island State Park, Boise WaterShed, and CentrePoint Marketplace. The neighborhood is considered somewhat walkable with a WalkScore® of 52.
Redfeather Estates
Average Rent
$2,036/Month
TransitScore® Rating
0/100
Units Available
23 Rentals
When you’re looking for a great Meridian neighborhood on a budget, check out Redfeather Estates. The average rent is $2,036, compared to the city average of $1,492. Redfeather Estates is convenient to University of Idaho, Esther Simplot Park, and Northwest Nazarene University. The community is somewhat walkable with a WalkScore® of 59.
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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.