Best Affordable Neighborhoods in Meridian, ID

Some of the cheapest neighborhoods in Meridian are Southeast Meridian, Southwest Meridian, and Redfeather Estates. These neighborhoods offer some of the lowest rent prices in Meridian, making them ideal for renters on a budget. As of January 27, 2026, the average rent in Meridian is $1,489, which is 0.8% 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

$1,542/Month

Year-Over-Year Rent Change

0.2%

TransitScore® Rating

1/100

Units Available

50 Rentals

When you’re looking for a great Meridian neighborhood on a budget, check out Southeast Meridian. The average rent is $1,542, compared to the city average of $1,489. Rent prices have increased by 0.2%. Southeast Meridian is convenient to Boise State University, Bernardine Quinn Riverside Park, and Gramercy. The community is car-dependent with a WalkScore® of 41.

Southwest Meridian

Average Rent

$1,610/Month

Year-Over-Year Rent Change

0.7%

TransitScore® Rating

1/100

Units Available

54 Rentals

Southwest Meridian is an affordable neighborhood in Meridian with an average rent price of $1,610. Compare this to the city average of $1,489. In the past year, rent prices have increased by 0.7%. Southwest Meridian provides easy access to Arboretum Park, University of Idaho, and Northwest Nazarene University. It’s a car-dependent neighborhood with a WalkScore® of 32.

Redfeather Estates

Average Rent

$1,780/Month

TransitScore® Rating

0/100

Units Available

18 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 $1,780, while the city’s average stands at $1,489. Redfeather Estates is near Boise WaterShed, Boise National Forest, and Gateway Marketplace.

Northwest Meridian

Average Rent

$1,814/Month

Year-Over-Year Rent Change

0.3%

TransitScore® Rating

0/100

Units Available

62 Rentals

Northwest Meridian is a top choice for budget-conscious renters for a variety of reasons. The average rent in Northwest Meridian is $1,814 while the city average is $1,489. This is a -0.3% difference from last year. Residents enjoy convenient access to Boise State University, Eagle Island State Park, and 3149 Quintale Dr. The neighborhood is considered car-dependent with a WalkScore® of 41.

Northeast Meridian

Average Rent

$1,878/Month

Year-Over-Year Rent Change

1.1%

TransitScore® Rating

0/100

Units Available

61 Rentals

When you’re looking for a great Meridian neighborhood on a budget, check out Northeast Meridian. The average rent is $1,878, compared to the city average of $1,489. Rent prices have increased by 1.1%. Northeast Meridian is convenient to Mason Creek, Esther Simplot Park, and Eagle Island State Park. The community is somewhat walkable with a WalkScore® of 52.

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.