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 an affordable neighborhood in Meridian with an average rent price of $1,410. Compare this to the city average of $1,492. Paramount provides easy access to Boise National Forest, Eagle Island State Park, and Eagle Island Marketplace. It’s a car-dependent neighborhood 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

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 $1,533, while the city’s average stands at $1,492. In the last year, prices have decreased by 0.2%. Southeast Meridian is near Bernardine Quinn Riverside Park, Northwest Nazarene University, and Boise Air Trml/Gowen Field.

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 a top choice for budget-conscious renters for a variety of reasons. The average rent in Southwest Meridian is $1,694 while the city average is $1,492. This is a 1.5% difference from last year. Residents enjoy convenient access to University of Idaho, Northwest Nazarene University, and Southern Springs. The neighborhood is considered car-dependent 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

When you’re looking for a great Meridian neighborhood on a budget, check out Northwest Meridian. The average rent is $1,776, compared to the city average of $1,492. Rent prices have increased by 0.1%. Northwest Meridian is convenient to 3149 Quintale Dr, Eagle Island State Park, and Arboretum Park. The community is car-dependent with a WalkScore® of 41.

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 an affordable neighborhood in Meridian with an average rent price of $1,872. Compare this to the city average of $1,492. In the past year, rent prices have increased by 1.6%. Northeast Meridian provides easy access to Arboretum Park, Eagle Island State Park, and Boise State University. It’s a somewhat walkable neighborhood with a WalkScore® of 52.

Redfeather Estates

Average Rent

$2,036/Month

TransitScore® Rating

0/100

Units Available

23 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 $2,036, while the city’s average stands at $1,492. Redfeather Estates is near Gateway Marketplace, Boise State University, 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.