Meridian, ID
June 2026
83642,83646
Long-term Rental Rates
Apartment
| Unit Type | Price | 1 Mo Change | 1 Yr Change |
|---|---|---|---|
| 1-Bedroom | $1,507 – $1,666 | 1.47% | 12.20% |
| 2-Bedroom | $1,539 – $1,701 | -2.55% | 1.31% |
| 3-Bedroom | $1,903 – $2,062 | -1.29% | 0.99% |
| 4-Bedroom | $2,593 – $2,793 | 1.13% | 5.86% |
Condo/Townhome
| Unit Type | Price | 1 Mo Change | 1 Yr Change |
|---|---|---|---|
| 1-Bedroom | $1,473 – $1,579 | 2.14% | 6.56% |
| 2-Bedroom | $1,678 – $1,764 | 4.86% | 2.12% |
| 3-Bedroom | $2,142 – $2,284 | 0.35% | 3.99% |
| 4-Bedroom | $2,745 – $2,973 | 1.74% | 7.32% |
Single-Family
| Unit Type | Price | 1 Mo Change | 1 Yr Change |
|---|---|---|---|
| 1-Bedroom | $1,432 – $1,518 | 2.08% | 12.01% |
| 2-Bedroom | $1,527 – $1,628 | 1.86% | 5.54% |
| 3-Bedroom | $2,165 – $2,379 | -0.78% | 4.03% |
| 4-Bedroom | $2,424 – $2,652 | -1.64% | 2.06% |
In the Meridian (83642, 83646) rental market, 1BR apartments saw notable rent growth, increasing 8.4% year over year to a median of $1,546. Month over month, these units experienced a 1.5% gain, marking the highest annual increase among all apartment segments in Meridian (83642, 83646).
Median rents for 2BR condo/townhomes in Meridian (83642, 83646) dropped by 6.9% month over month, settling at $1,543. Compared to 2BR apartments, which held a median of $1,581, this represents a $38 difference in pricing between the two property types for April 2026.
Among three-bedroom units, Meridian (83642, 83646) rental trends indicate single-family homes led at a median rent of $2,289—$315 higher than apartments and $177 above condos/townhomes. This segment also grew 2.99% month over month and 5.85% year over year.