Cheapest Neighborhoods in Meridian, ID
Some of the cheapest neighborhoods in Meridian are Thousand Springs, Bienville Square, and Southwest Meridian. These neighborhoods offer some of the lowest rent prices in Meridian, making them ideal for renters on a budget. As of July 29, 2026, the average rent in Meridian is $1,571, which is 5.2% 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.
Thousand Springs
Average Rent
$1,556/Month
Units Available
10 Rentals
When you’re looking for a great Meridian neighborhood on a budget, check out Thousand Springs. The average rent is $1,556, compared to the city average of $1,571.
Bienville Square
Average Rent
$1,604/Month
Units Available
14 Rentals
Bienville Square is an affordable neighborhood in Meridian with an average rent price of $1,604. Compare this to the city average of $1,571.
Southwest Meridian
Average Rent
$1,640/Month
Year-Over-Year Rent Change
4%
Units Available
58 Rentals
If you’re looking for a great, affordable neighborhood in Meridian, Southwest Meridian might be the perfect place! It has an average rent price of $1,640, while the city’s average stands at $1,571. In the last year, prices have increased by 4%. Southwest Meridian is near Meridian Promenade, University of Idaho, and Boise Air Trml/Gowen Field.
Southeast Meridian
Average Rent
$1,641/Month
Year-Over-Year Rent Change
8.7%
Units Available
32 Rentals
Southeast Meridian is a top choice for budget-conscious renters for a variety of reasons. The average rent in Southeast Meridian is $1,641 while the city average is $1,571. This is a 8.7% difference from last year. Residents enjoy convenient access to Bernardine Quinn Riverside Park, Boise WaterShed, and Gramercy.
Northwest Meridian
Average Rent
$2,075/Month
Year-Over-Year Rent Change
4.5%
Units Available
87 Rentals
When you’re looking for a great Meridian neighborhood on a budget, check out Northwest Meridian. The average rent is $2,075, compared to the city average of $1,571. Rent prices have increased by 4.5%. Northwest Meridian is convenient to University of Idaho, Boise State University, and Cedar Springs Professional Center.
Northeast Meridian
Average Rent
$2,142/Month
Year-Over-Year Rent Change
4.9%
Units Available
86 Rentals
Northeast Meridian is an affordable neighborhood in Meridian with an average rent price of $2,142. Compare this to the city average of $1,571. In the past year, rent prices have increased by 4.9%. Northeast Meridian provides easy access to Boise National Forest, Boise Air Trml/Gowen Field, and Northwest Nazarene University.
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.