Similar to its surrounding areas, it's a little more expensive compared to the rest of the country. Compared to the city of Boise City, it is a bit more expensive.
Home prices
The median home in Meridian is valued at $274,900. It is approximately $10,480 (3%) higher compared to its surrounding areas.It is about $57,400 (26%) higher compared to the US as a whole, and compared to the city of Boise City it is roughly $21,500 (8%) higher.
Rents
The median rent in Meridian is $1,111 a month. This is roughly $31 (2%) higher compared to other places in this area.It is approximately $49 (4%) higher in comparison to the entire country, and in comparison to the city of Boise City it is approximately $154 (16%) higher.
Nearby places
Eagle
Eagle is Meridian's neighbor to the north. The real estate prices there are significantly more expensive. The median home cost in Eagle is $426,000, which comes out to $151,100 (35%) higher than Meridian. Rents there are fairly similar. Eagle's median rent is $1,138 a month, which works out to $27 (2%) higher than Meridian.
Kuna
Kuna is Meridian's neighbor to the south. Its real estate prices are a lot less expensive. The median home in Kuna is valued at $207,700, which comes out to $67,200 (32%) lower than Meridian. The rent there is a bit more expensive. Kuna's median rent is $1,286 a month, which comes out to $175 (13%) higher than Meridian.
Garden City
Garden City is roughly 5 miles northeast from Meridian. The real estate prices there are a little less expensive. The median home in Garden City costs $238,100, which is $36,800 (15%) lower than Meridian. Rent there is somewhat less expensive. Garden City's median monthly rent is $907, which is $204 (22%) lower than Meridian.
Star
Star is approximately 7 miles northwest of Meridian. Housing prices there are similar. The median home in Star costs $283,100, which comes out to $8,200 (2%) higher than Meridian. The rent there is similar. In Star the median monthly rent is $1,143, which works out to $32 (2%) higher than Meridian.
Nampa
Nampa is approximately 7 miles west of Meridian. The real estate prices there are significantly less expensive. The median home in Nampa is valued at $167,200, which comes out to $107,700 (64%) lower than Meridian. Rents there are somewhat less expensive. The median monthly rent in Nampa is $925, which comes out to $186 (20%) lower than Meridian.