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Meridian, ID Investment Data and Rental Metrics
Investment Data & Rental Metrics
LTR & STR financial performance, market growth indicators, and school ratings.
LTR Financial Performance
Median Price
LTR Rent
$2,003
Monthly Cash Flow
-$1,040
Principal + Equity
$4,098
Annual Total Gain
$36,700
Cash on Cash
-9.43%
Net ROI %
STR Financial Performance
Median Price
Avg. Daily Rate
$186
Occupancy Rate
70%
Monthly Revenue
$2,968
Monthly Cash Flow
-$520
Principal + Equity
$4,098
Annual Total Gain
$42,935
Cash on Cash %
-4.72%
Net ROI %
Market Health & Growth
Median Income
$98,686
Population
124,865
LTR Renter %
23.92%
Forecast (1 yr)
0.7%
Appreciation (1 yr)
0.03%
Appreciation (5 yr)
40.12%
Appreciation (10 yr)
123.34%
Job Growth
4.28%
LTR Rentability
High
STR Demand
79
STR Rentals
377
Top Public Schools
ARenaissance High School
AMeridian Medical Arts Charter School
A-
A-
A-
Market Grades and Information
Best Places to Live Ranking
Public school quality, cost of living, commute, and lifestyle ratings.
B
Overall
Top-level market grade
Best Suburbs to Live in Idaho
#1out of 19 markets
Best Suburbs to Raise a Family in Idaho
#1out of 19 markets
Best Suburbs for Young Professionals in Idaho
#1out of 19 markets
B
Public School
C
Crime And Safety
C
Housing
B
Nightlife
B
Good For Families
Diversity
Jobs
Weather
Cost Of Living
Health And Fitness
Outdoor Activities
Commute
Short-Term Rental (STR) Regulations
Local rules and guidelines for operating short-term rentals in Meridian, ID.
As of September 2021, Meridian, ID does not have specific regulations in place for short term rentals. However, it is important for investors to be aware of potential changes in regulations and to stay informed about any updates from the city government.
It is recommended for investors to thoroughly research the local zoning laws and regulations regarding short term rentals in Meridian before purchasing a property for this purpose. Additionally, investors should consider factors such as homeowner association rules, taxes, and licensing requirements that may impact their ability to operate a short term rental in the area.
Overall, while Meridian currently does not have strict regulations for short term rentals, it is important for investors to stay informed and be prepared for potential changes in the future.
Market Trends Over Time
Explore 25 years of market data for Meridian, ID, including median property prices, long-term rental rates, and days on market — identify growth potential and gauge market stability.
Median Price
Median Rent
Days on Market
Nearest Markets
Explore nearby investment markets close to Meridian, ID.
The LTR Genie Score of Meridian, ID is 71 and STR Genie Score is 79, indicating that both long-term rental and short-term rental opportunities in this market are considered high. The high LTR Rentability and STR Occupancy rates contribute to the overall high Genie Scores. The LTR Net ROI of 27.73% and STR Net ROI of 32.44% suggest strong potential for returns in both rental strategies.
Meridian, ID is a rapidly growing city located in the Boise metropolitan area, known for its strong economy, quality of life, and outdoor recreational opportunities. The 1-Year Price Appreciation Forecast of 0.7% indicates a stable market with potential for growth.
Based on the metrics provided, Meridian, ID appears to be an attractive market for both long-term rental and short-term rental investments. Investors may consider diversifying their portfolio by exploring opportunities in both rental strategies to maximize returns in this promising market.
LTR Genie Score 93
$549,999
🛏 4 Beds🛁 3.0000 Baths🏙 2,203 sqft.🏠 SINGLE FAMILY
