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Meridian, ID
Full City Profile · Idaho · Ada County County
3.6
/5.0
B+
Good
124,865
Population
3,363/sq mi density
$98,686
Median Income
$47,751 per capita
$485,000
Home Value
$526,393 Zillow
$1,714
Median Rent
30.7% income on rent
54°F
Avg Temperature
304 sunny days/yr
159
Violent Crime/100K
1,068 property/100K
B+
Overall
3.6 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
5.0 / 5.0
$98,686 median income, 1.7% unemployment
B+
Affordability
3.9 / 5.0
$485,000 home value, $1,714/mo rent
F
Safety
1.0 / 5.0
159 violent crimes/100K
A+
Education
4.6 / 5.0
44.4% bachelor's degree or higher
Housing Overview
Median Home Value
$485,000
72% above
US avg: $281,900
Median Rent
$1,714/mo
47% above
US avg: $1,163/mo
Homeownership Rate
76.1%
16% above US avg (65.4%)
Total Housing Units
44,056
Median year built: 2005
Home Value by Source
Census Median
$485,000
Zillow (ZHVI)
$526,393
Median Sale Price
$534,256
Median List Price
$512,300
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
76.1%
Owner-Occupied
23.9%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$898/mo
1 Bedroom
$950/mo
2 Bedroom
$1,173/mo
3 Bedroom
$1,619/mo
4 Bedroom
$1,949/mo
Census median rent:
$1,714/mo
· Zillow rent:
$1,954/mo
Market Indicators (Redfin)
Median Days on Market
66 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
164
Price Drops
21.4%
of listings with price reduction
Price Per Sq Ft
$280
Active Inventory
351
homes for sale
Affordability & Housing Stock
Rent Burden
30.7%
of renters spending 30%+ of income on housing
1% below US avg (31.0%)
Median Year Built
2005
Average age of housing stock: 21 years
Homeownership Rate
76.1%
Complete Housing Data
Home Values
| Census Median Value | $485,000 |
| Zillow Home Value (ZHVI) | $526,393 |
| Median Sale Price | $534,256 |
| Median List Price | $512,300 |
| Price Per Sq Ft | $280 |
Rent
| Census Median Rent | $1,714 |
| Zillow Rent (ZORI) | $1,954 |
| FMR Studio | $898 |
| FMR 1-Bedroom | $950 |
| FMR 2-Bedroom | $1,173 |
| FMR 3-Bedroom | $1,619 |
| FMR 4-Bedroom | $1,949 |
Market
| Days on Market | 66 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 21.4% |
| Homes Sold | 164 |
| Active Inventory | 351 |
| Price Per Sq Ft | $280 |
Ownership & Stock
| Owner-Occupied | 76.1% |
| Renter-Occupied | 23.9% |
| Homeownership Rate | 76.1% |
| Total Housing Units | 44,056 |
| Median Year Built | 2005 |
| Rent Burden | 30.7% |