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 April 29, 2025, the average rent in Meridian is $1,489, which is 0.9% 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.
Old Town Meridian
Average Rent
$1,410/Month
Year-Over-Year Rent Change
3.6%
TransitScore® Rating
0/100
Units Available
7 Rentals
When you’re looking for a great Meridian neighborhood on a budget, check out Old Town Meridian. The average rent is $1,410, compared to the city average of $1,489. Rent prices have increased by 3.6%. Old Town Meridian is convenient to Northview, Boise WaterShed, and Green Acres Plaza. The community is walkable with a WalkScore® of 72.
Northwest Meridian
Average Rent
$1,598/Month
Year-Over-Year Rent Change
4.2%
TransitScore® Rating
0/100
Units Available
47 Rentals
Northwest Meridian is an affordable neighborhood in Meridian with an average rent price of $1,598. Compare this to the city average of $1,489. In the past year, rent prices have increased by 4.2%. Northwest Meridian provides easy access to Boise State University, Northwest Nazarene University, and Boise Air Trml/Gowen Field. It’s a car-dependent neighborhood with a WalkScore® of 41.
Southeast Meridian
Average Rent
$1,635/Month
Year-Over-Year Rent Change
1.8%
TransitScore® Rating
1/100
Units Available
107 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 $1,635, while the city’s average stands at $1,489. In the last year, prices have increased by 1.8%. Southeast Meridian is near Gramercy, El Dorado Marketplace, and Boise State University.
Northeast Meridian
Average Rent
$1,637/Month
Year-Over-Year Rent Change
0.3%
TransitScore® Rating
0/100
Units Available
54 Rentals
Northeast Meridian is a top choice for budget-conscious renters for a variety of reasons. The average rent in Northeast Meridian is $1,637 while the city average is $1,489. This is a -0.3% difference from last year. Residents enjoy convenient access to Boise Air Trml/Gowen Field, Gateway Marketplace, and Esther Simplot Park. The neighborhood is considered somewhat walkable with a WalkScore® of 52.
Southwest Meridian
Average Rent
$1,648/Month
Year-Over-Year Rent Change
0.8%
TransitScore® Rating
1/100
Units Available
59 Rentals
When you’re looking for a great Meridian neighborhood on a budget, check out Southwest Meridian. The average rent is $1,648, compared to the city average of $1,489. Rent prices have increased by 0.8%. Southwest Meridian is convenient to Boise State University, Eagle Island State Park, and Northwest Nazarene University. The community is car-dependent with a WalkScore® of 32.
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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.