Is Meridian, ID a good place to invest in rental property?

Meridian, ID has a median modeled monthly cash flow of $-1,518 and a median cap rate of 3.1%, on a median sold price of $529,990. Prices changed -1.1% year over year.

What is the average cap rate in Meridian, ID?

The median cap rate across recently sold homes in Meridian, ID is 3.1%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Meridian, ID?

The median sold price in Meridian, ID is $529,990 (about $272 per square foot).

Investing in Meridian, ID Real Estate

A data-driven snapshot of the Meridian, ID rental-property market, built from recently sold homes and CashFlowRE's per-listing investment modeling — median price, cap rate, monthly cash flow, appreciation and inventory — so you can judge the market before you ever open a listing.

$529,990Median sold price

$272Median $/sqft

3.1%Median cap rate

$-1,518Modeled cash flow / mo

-1.1%Appreciation YoY

6.2Months of supply

1,482Active listings

2,863Sold (last 12 mo)

What the Meridian numbers say

In Meridian, ID, the median home sold for $529,990 (about $272 per square foot), and the typical deal models out to a 3.1% cap rate with a median $-1,518 of monthly cash flow. Sold prices moved -1.1% over the past year. Inventory sits at about 6.2 months of supply. These are medians across recorded sales; individual properties vary widely, which is exactly what CashFlowRE scores listing by listing.

Other Idaho markets to compare

See Meridian cash-flowing listings

CashFlowRE ranks every for-sale home in Meridian, ID by cap rate, cash-on-cash return, DSCR and monthly cash flow — so the best rental deals rise to the top. Create a free account to screen Meridian deals, or browse the national market data.