Long-term Rental Rates — August 2026 · ZIPs: 83642,83646
Local market data by Estaite
As of August 2026, rental prices in Meridian, ID range from $1,477 to $2,964 per month depending on property type and bedroom count.
The largest year-over-year increase was for single-family 1BR units, which rose 8.73% compared to August 2025.
For 3-bedroom rentals, single-family homes command a median of $2,313 while apartments and condos/townhomes are $2,007 and $2,215, respectively.
What is the rent range for Meridian, ID in August 2026?
Median rents in Meridian, ID in August 2026 span from $1,477 for a 2-bedroom apartment up to $2,964 for a 4-bedroom condo/townhome.
How do apartment and single-family home rents compare for the same number of bedrooms in Meridian, ID?
In Meridian, ID as of August 2026, single-family 3BR homes rent for $2,313, which is $306 more than 3BR apartments at $2,007; for 1BR units, apartments are $1,518 versus $1,487 for single-family homes, a $31 difference in favor of single-family.
How do condo/townhome rental prices compare with single-family homes for identical bedroom counts in Meridian, ID?
For 4-bedroom units in Meridian, ID, condos/townhomes rent for $2,964, which is $335 more than single-family homes at $2,629 in August 2026; for 2-bedrooms, the condo/townhome median is $1,567, which is $72 higher than single-family at $1,495.
In Meridian, ID, which bedroom count and property type combination stands out for having a big advantage over others?
For 4-bedroom units, condo/townhomes in Meridian, ID have the highest median rent at $2,964 in August 2026, outpacing apartments by $216 ($2,964 vs $2,748) and single-family homes by $335 ($2,964 vs $2,629).
Meridian, ID
August 2026
83642,83646
Long-term Rental Rates
Apartment
Unit Type
Price
1 Mo Change
1 Yr Change
1-Bedroom
$1,470 – $1,567
-2.84%
4.02%
2-Bedroom
$1,422 – $1,531
-0.11%
-4.84%
3-Bedroom
$1,937 – $2,078
-0.24%
7.48%
4-Bedroom
$2,638 – $2,858
-0.09%
6.40%
Condo/Townhome
Unit Type
Price
1 Mo Change
1 Yr Change
1-Bedroom
$1,496 – $1,595
0.19%
5.17%
2-Bedroom
$1,528 – $1,606
0.36%
-2.64%
3-Bedroom
$2,137 – $2,292
2.19%
6.29%
4-Bedroom
$2,845 – $3,082
1.56%
8.59%
Single-Family
Unit Type
Price
1 Mo Change
1 Yr Change
1-Bedroom
$1,450 – $1,524
0.92%
8.73%
2-Bedroom
$1,462 – $1,528
2.19%
4.64%
3-Bedroom
$2,198 – $2,429
1.09%
6.44%
4-Bedroom
$2,492 – $2,766
3.76%
5.95%
Data updated: September 22, 2026
Meridian Rental Trends
Within Meridian (83642, 83646), 3-bedroom apartments rose to a median $2034, climbing 3.77% month over month and 7.80% year over year, signaling demand for larger multifamily units. In contrast, 1-bedroom apartments slipped to $1563 with a -1.08% monthly decline, even as they still record an 8.22% annual increase.
Condos and townhomes in Meridian (83642, 83646) show a split: 4-bedroom units increased to $2920 with a 1.01% MoM and 8.07% YoY gain, while 2-bedroom units declined to $1563, posting a -0.67% monthly change and -4.33% annual move, indicating mid-size attached product is under more price pressure.
Across the market, Meridian (83642, 83646) rental trends highlight single-family 1-bedroom homes at $1474 with 1.34% MoM and 9.06% YoY growth, the highest annual gain among these segments. By comparison, single-family 4-bedroom properties at $2534 show a -0.80% monthly decline alongside a more modest 1.88% year-over-year increase.