Meridian, ID housing market
Typical home value
$536K
▲ 1.3% 1 yr
Typical rent
$2,056/mo
▲ 6.8% 1 yr
Gross rent yield
4.6%
U.S. 6.3%
5-year home value change
−2%
U.S. +20%
Key takeaways
- 1The typical home in Meridian is worth $535,629, up 1.3% over the past year and down 2% over five years.
- 2Typical rent is $2,056 a month (+6.8% YoY), a gross rent yield of 4.6% (below the Boise City, ID metro's 4.7%).
- 3With 20% down at 7.32%, principal and interest on the typical home is about $2,944/mo, $888 more than typical rent.
- 4Zillow forecasts the Boise City, ID metro's home values to change +3.3% over the next 12 months.
Market temperature (Boise City, ID metro)
Neutral market
Buyer'sNeutralSeller's
Zillow Market Heat Index: 50/100, #134 hottest of 546 metros. Below 44 favors buyers; above 55 favors sellers.
Home values and rent
Source: Zillow Research (ZHVI, ZORI and market activity data).
How Meridian compares
| Measure | Meridian | Boise City, ID metro | United States |
|---|---|---|---|
| Typical home value | $535,629 | $491,851 | $366,157 |
| Home value, 1-yr change | +1.3% | +1.7% | +1.2% |
| Typical rent | $2,056 | $1,924 | $1,932 |
| Rent, 1-yr change | +6.8% | +7.6% | +2.7% |
| Gross rent yield | 4.6% | 4.7% | 6.3% |
| Price-to-rent ratio | 21.7 | 21.3 | 15.8 |
| Mortgage P&I, typical home | $2,944 | $2,703 | $2,012 |
Run the numbers
Rental property calculator
Cash flow on a typical Meridian rental, pre-filled.
Rent vs buy in Meridian
Which costs less over the years you'll stay.
Mortgage calculator
Monthly payment on a $536K home.
Other cities in the Boise City, ID metro
Boise, ID
$500K home$1,900 rent
▲ 2.1% 1 yr
Nampa, ID
$415K home$1,668 rent
▲ 1.8% 1 yr
Caldwell, ID
$400K home$1,736 rent
▲ 1.5% 1 yr
Eagle, ID
$785K home$2,200 rent
▲ 0.3% 1 yr
Kuna, ID
$460K home$2,346 rent
▲ 1.0% 1 yr
Garden City, ID
$474K home$1,930 rent
▼ 1.2% 1 yr
Star, ID
$583K home$2,452 rent
▼ 0.2% 1 yr
City figures are Zillow's typical home value (ZHVI) and observed rent (ZORI). Gross yield is before expenses. Data refreshed Oct 26, 2026.