Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Meridian area can be challenging. Home prices in Meridian are now at a median cost of $366,889, higher than the Idaho average of $281,471.
The average cost of rent is $1,390/mo in Meridian, primarily driven by the current value of real estate in the Meridian area. While nearly 28.23% of residents own their homes outright in Meridian, 20.87% rent.
Housing affordability isn’t just about home prices, though. The average household income in Meridian is $8,115 per month. Households that rent pay about 17.13% of their income on rent here. Meridian's most expensive areas are in the northwestern regions, while the cheapest areas are in the southwestern parts of the city.
Nearby Cities
- Eagle, ID: higher priced homes
- Garden City, ID: less expensive homes
- Boise, ID: less expensive homes
- Star, ID: equally priced homes
- Kuna, ID: equally priced homes
- Mora, ID: less expensive homes
- Nampa, ID: less expensive homes
- Knowlton Heights, ID: less expensive homes
- Middleton, ID: less expensive homes
- Sunnyslope, ID: less expensive homes
Cities with Similar Populations
- Lake Worth, FL: less expensive homes
- Land O' Lakes, FL: less expensive homes
- Lansing, MI: less expensive homes
- Lancaster, PA: less expensive homes
- Lafayette, LA: less expensive homes
- Lacey, WA: less expensive homes
- Lafayette, IN: less expensive homes
- Lancaster, CA: less expensive homes
- Leesburg, VA: higher priced homes
- Lawton, OK: less expensive homes
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