Meridian, ID

  • Overview
  • Performance
  • Listings
  • Buy Box

Key Performance Metrics

Market snapshot

Performance indicators for the Meridian short-term rental market based on reliable data.

Listings

317 / 566

Reliable / Active

Cap Rate

7%

Middle-Earners Gross Yield

Revenue

$39,113

Middle-Earners Revenue

Occupancy

73%

Middle-Earners Occupancy

Home Value

$526,393

Median Home Sale Price

Top Earners

$67,270

Top-Earners Revenue

Meridian

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Meridian.

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A

Very Investor friendly

Meridian Regulations

STRs are explicitly permitted citywide under Idaho Statute 67‑6539, with Meridian imposing no separate short‑term rental licensing, caps, or high fees beyond standard business and tax registration; compliance is simple and the city’s tone is supportive, reducing investor risk.

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About Meridian

Meridian, Idaho, is a rapidly growing city located in the southwestern part of the state. As of the 2020 census, Meridian's population was approximately 117,635, making it the second-largest city in Idaho. It is situated about 11 miles west of Boise, the state capital and the closest major city, allowing for convenient access to larger urban amenities while retaining a suburban feel.

Meridian's appeal for short-term rentals is bolstered by its array of attractive landmarks and family-friendly recreational options. The city's most notable attractions include The Village at Meridian, a vibrant, mixed-use development featuring a wide range of shops, restaurants, and entertainment venues. For more information, visit The Village at Meridian.

Additionally, Roaring Springs Water Park, one of the largest water parks in the Northwest, draws numerous visitors, especially during the summer months. More details can be found at Roaring Springs Water Park.

Meridian also features the Meridian Speedway, an iconic raceway popular with motorsport enthusiasts. Event schedules and further information are available at Meridian Speedway.

The city emphasizes outdoor recreation with several parks and green spaces, such as Julius M. Kleiner Memorial Park, which offers extensive walking paths, playgrounds, and picnic areas. Learn more about the amenities at Kleiner Park.

Overall, Meridian's proximity to Boise, combined with its local attractions and family-friendly atmosphere, makes it a compelling destination for short-term rentals.

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