/
/
/
/
Page 2
Last updated September 4 2019 at 4:56 AM

25 1 Bedroom Apartments for rent in Meridian, ID

Last updated September 19 at 01:03pm
Downtown Boise City
1 Unit Available
304 W Bannock #7
304 W Bannock St, Boise, ID
1 Bedroom
$950
550 sqft
Welcome home to your Downtown Boise 1 bed 1 bath! Onsite laundry! Geothermal Heat! New Carpet! Water, sewer, and trash included. Call Commercial Northwest today 344-0288 12 month lease

September 2019 Meridian Rent Report

Welcome to the September 2019 Meridian Rent Report. Meridian rents increased over the past month. In this report, we'll evaluate trends in the Meridian rental market, including comparisons to similar cities nationwide.

View full Rent Report

September 2019 Meridian Rent Report

Welcome to the September 2019 Meridian Rent Report. Meridian rents increased over the past month. In this report, we'll evaluate trends in the Meridian rental market, including comparisons to similar cities nationwide.

Meridian rents increased significantly over the past month

Meridian rents have increased 0.4% over the past month, and have increased moderately by 2.1% in comparison to the same time last year. Currently, median rents in Meridian stand at $916 for a one-bedroom apartment and $1,176 for a two-bedroom. This is the eighth straight month that the city has seen rent increases after a decline in December of last year. Meridian's year-over-year rent growth leads the state average of 1.4%, as well as the national average of 1.5%.

    Meridian rents more affordable than many large cities nationwide

    As rents have increased moderately in Meridian, a few large cities nationwide have also seen rents grow modestly. Meridian is still more affordable than most large cities across the country.

    • Meridian's median two-bedroom rent of $1,176 is slightly below the national average of $1,191. Nationwide, rents have grown by 1.5% over the past year compared to the 2.1% increase in Meridian.
    • While Meridian's rents rose moderately over the past year, many cities nationwide also saw increases, including Phoenix (+3.7%), Dallas (+2.0%), and New York (+1.7%).
    • Renters will find more reasonable prices in Meridian than most large cities. For example, San Francisco has a median 2BR rent of $3,133, which is more than two-and-a-half times the price in Meridian.

    For more information check out our national report. You can also access our full data for cities and counties across the U.S. at this link.

    Methodology - Recent Updates:

    Data from private listing sites, including our own, tends to skew toward luxury apartments, which introduces sample bias when estimates are calculated directly from these listings. To address these limitations, we’ve recently made major updates to our methodology, which we believe have greatly improved the accuracy and reliability of our estimates.

    Read more about our new methodology below, or see a more detailed post here.

    Methodology:

    Apartment List is committed to making our rent estimates the best and most accurate available. To do this, we start with reliable median rent statistics from the Census Bureau, then extrapolate them forward to the current month using a growth rate calculated from our listing data. In doing so, we use a same-unit analysis similar to Case-Shiller’s approach, comparing only units that are available across both time periods to provide an accurate picture of rent growth in cities across the country.

    Our approach corrects for the sample bias inherent in other private sources, producing results that are much closer to statistics published by the Census Bureau and HUD. Our methodology also allows us to construct a picture of rent growth over an extended period of time, with estimates that are updated each month.

    Read more about our methodology here.

    About Rent Reports:

    Apartment List publishes monthly reports on rental trends for hundreds of cities across the U.S. We intend these reports to be a source of reliable information that help renters and policymakers make sound decisions, and we invest significant time and effort in gathering and analyzing rent data. Our work is covered regularly by journalists across the country.

    We are continuously working to improve our methodology and data, with the goal of providing renters with the information that they need to make the best decisions.

    Similar Pages

    Meridian 1 BedroomsMeridian 2 BedroomsMeridian 2 Bedrooms 2 Bathrooms

    Apartments For Rent in Nearby Cities

    Nearby Neighborhoods