Cheapest Neighborhoods in Meridian, ID
Some of the cheapest neighborhoods in Meridian are Southwest Meridian, Southeast 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 September 12, 2026, the average rent in Meridian is $1,596, which is 6.7% 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.
Southwest Meridian
Average Rent
$1,654/Month
Year-Over-Year Rent Change
4.5%
Units Available
56 Rentals
Southwest Meridian is a top choice for budget-conscious renters for a variety of reasons. The average rent in Southwest Meridian is $1,654 while the city average is $1,596. This is a 4.5% difference from last year. Residents enjoy convenient access to Boise WaterShed, Meridian Promenade, and Boise State University.
Southeast Meridian
Average Rent
$1,722/Month
Year-Over-Year Rent Change
9.8%
Units Available
31 Rentals
When you’re looking for a great Meridian neighborhood on a budget, check out Southeast Meridian. The average rent is $1,722, compared to the city average of $1,596. Rent prices have increased by 9.8%. Southeast Meridian is convenient to Boise Air Trml/Gowen Field, Northwest Nazarene University, and Bernardine Quinn Riverside Park.
Northwest Meridian
Average Rent
$2,074/Month
Year-Over-Year Rent Change
6.4%
Units Available
83 Rentals
Northwest Meridian is an affordable neighborhood in Meridian with an average rent price of $2,074. Compare this to the city average of $1,596. In the past year, rent prices have increased by 6.4%. Northwest Meridian provides easy access to 3149 Quintale Dr, Boise WaterShed, and Arboretum Park.
Northeast Meridian
Average Rent
$2,278/Month
Year-Over-Year Rent Change
7.3%
Units Available
69 Rentals
If you’re looking for a great, affordable neighborhood in Meridian, Northeast Meridian might be the perfect place! It has an average rent price of $2,278, while the city’s average stands at $1,596. In the last year, prices have increased by 7.3%. Northeast Meridian is near Northwest Nazarene University, Boise National Forest, and Gateway Marketplace.
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.