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  3. Idaho
  4. Meridian

Meridian, Idaho

Short-Term Rental Market Data & Investment Analysis

Meridian, Idaho Short-Term Rental Market

Meridian ID STRs averaged $145/night at 68.2% occupancy in April 2026, with a 92-point rental demand score in Idaho's fastest-growing suburb.

Quick Answer: Meridian, Idaho is an active short-term rental market. average occupancy in the Boise market area is 80%. average monthly revenue in the Boise market area is $3,777. average daily rate in the Boise market area is $168. the top operator in the Boise market area is Premium Rentals with 72 listings. market score is 81/100 (grade B).

Avg Monthly Revenue
$3,777
↑ 10% YoY
80%
Occupancy
↑ 9.6% YoY
$168
Avg Daily Rate
↑ 0.8% YoY
42.4 days avg lead time5.2 avg length of stay

Market data reflects the Boise regional market, which includes Meridian. Regulations, taxes, and permit details below are specific to Meridian.

Market Score Breakdown

Five dimensions StaySTRA evaluates per market.

Regulation63
Seasonality82
Investability62
Rental Demand92
Revenue Growth71

Market Overview

Meridian is a fast-growing suburban city in Ada County, Idaho, with a population of approximately 139,740 and one of the highest growth rates in the Boise metropolitan area. The STR market draws primarily from regional leisure travel rather than national destination tourism. The area’s anchor attraction is Roaring Springs Water Park, one of the Northwest’s largest, along with the adjacent Wahooz Family Fun Zone. Proximity to Boise adds overflow demand from events and business visitors.

In April 2026, listings averaged $145/night with occupancy of 68.2%, generating average monthly revenue of $2,722. RevPAR was $99. Year-over-year, April occupancy rose 5.4 percentage points, ADR edged up 0.4%, and revenue increased 3.9%.

The listing mix in the regional dataset is dominated by entire-place properties (3,111). Airbnb is the dominant channel, with VRBO representing a much smaller share (148 standalone vs 1,760 Airbnb). Private-room listings (343) represent a meaningful share, reflecting Meridian’s suburban residential character. The market’s rental demand score is 92.27 out of 100, the highest in this batch. Total market score is 81.47. The investability score of 61.77 reflects the challenge of high property prices relative to ADR.

Seasonal Patterns

Monthly seasonal data for Meridian, Idaho
MonthOccupancy
Jan54%
Feb64%
Mar69%
Apr66%
May71%
Jun79%
Jul78%
Aug76%
Sep68%
Oct65%
Nov61%
Dec58%

Month-by-month nightly rates and revenue figures for Meridian are available to StaySTRA Pro members. Unlock with StaySTRA Pro or analyze a specific address free.

Top Short-Term Rental Operators in Boise market area

Ranked by total active listings. Useful for understanding the competitive landscape. Operator data is published for the Boise market as a whole, which includes Meridian, so these counts are not Meridian-only figures.

#OperatorListingsReviewsRating
1Premium Rentals722,398★ 4.71
2Boise BnB602,224★ 4.58
3Evolve592,626★ 4.83
4ITrip Vacations482,543★ 4.91
5SeeYahBye Rentals472,812★ 4.87

What Kind of STR Should I Buy in Meridian?

Revenue and nightly-rate breakdowns by bedroom count, property tier, and dwelling type for Meridian are available to StaySTRA Pro members. Unlock with StaySTRA Pro or analyze a specific address free.

Booking Channel Mix

Distribution of bookings across major STR platforms.

Channel mix
ChannelShare
airbnb50.9%
vrbo4.3%
both44.8%

Investment Analysis

The full investment analysis for Meridian — gross-yield math against current home values, plus 5-year monthly revenue, nightly-rate, and occupancy trend charts — is available to StaySTRA Pro members and updates monthly. The figures shown elsewhere on this page are the free market snapshot.

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Home Value Trends (Meridian)

Typical home values, median sale prices, and the 10-year price trend for Meridian are available to StaySTRA Pro members. Unlock with StaySTRA Pro or analyze a specific address free.

Booking Insights

Booking-window and length-of-stay analysis for Meridian — how far ahead guests book and how to price around it — is available to StaySTRA Pro members. Unlock with StaySTRA Pro or analyze a specific address free.

Short-Term Rental Regulations

Meridian operates under one of the most permissive STR environments in the United States. Idaho Code 67-6539 (2017) prohibits cities and counties from banning short-term rentals. A May 2025 Idaho Supreme Court ruling further held that cities cannot restrict vacation rentals based on owner occupancy. Effective July 1, 2026, Idaho House Bill 583 goes further: local governments may not require permits, licenses, conditional-use permits, registration, owner-occupancy status, professional management, inspections, neighbor notices, occupancy-day limits, or caps on the number of STRs.

There is no City of Meridian STR permit, registration program, or licensing requirement. Operators must register with the Idaho State Tax Commission and collect and remit lodging taxes: 6% Idaho state sales tax plus the 2% statewide Travel and Convention lodging tax, for a combined rate of approximately 8%. Meridian does not levy a local-option lodging tax. Cities retain only authority over zoning classification, building codes, noise, nuisance, and safety equipment (smoke alarms, CO detectors, escape ladders) that applies equally to all residences.

For investors, this framework means no permit barrier, no night caps, no owner-occupancy requirement, and minimal local regulatory overhead. Enforcement is rated minimal.

Market Comparison

The US STR median occupancy is approximately 55% and median ADR approximately $220. Meridian’s April 2026 occupancy of 68.2% substantially exceeds the national median, while its $145 ADR is well below. The high occupancy at a modest price point produces a RevPAR of $99, below what the above-median occupancy would imply in a higher-ADR market.

Premium Rentals leads the market with 72 listings and 2,398 reviews (rating 4.708). Boise BnB manages 60 listings with 2,224 reviews (rating 4.583). Evolve operates 59 listings with 2,626 reviews (rating 4.833). ITrip Vacations holds 48 listings with 2,543 reviews (rating 4.911). SeeYahBye Rentals has 47 listings and 2,812 reviews (rating 4.872).

Three of the top five operators carry average ratings above 4.83. The high review-rating competition is notable in a market where ADR is modest: operators here compete on service quality and guest experience rather than price premium alone. The market’s rental demand score of 92.27 suggests demand has outpaced supply growth, supporting the above-median occupancy despite the below-median ADR.

Frequently Asked Questions About Meridian, Idaho

What is the average daily rate for short-term rentals in Meridian, ID?
Meridian short-term rentals average $168 per night across all listing types. Nightly-rate breakdowns by property tier are available with StaySTRA Pro.
What is the occupancy rate for Meridian, ID short-term rentals?
April 2026 occupancy was 68.2%, up 5.4 percentage points year-over-year. The rental demand score of 92.27 out of 100 indicates strong underlying demand relative to available supply.
When is peak season in Meridian, ID?
Occupancy in Meridian peaks in Jun (79%) and is softest in Jan (54%). Month-by-month rate and revenue figures are available with StaySTRA Pro.
Do I need a permit for a short-term rental in Meridian, ID?
No. Idaho law prohibits local permit and registration requirements for STRs (Code 67-6539, May 2025 Supreme Court ruling, and HB 583 effective July 1, 2026). Operators must register with the Idaho State Tax Commission and collect approximately 8% in combined state lodging taxes.
What is the estimated gross yield for an STR in Meridian, ID?
At $2,722 average monthly revenue (April 2026) and a typical home value of $534,732, annualized gross revenue is approximately $32,700, a gross yield of roughly 6.1%. The 2025 annual average of $2,830/month implies approximately 6.4%. Both are pre-expense figures.
How far in advance do guests book in Meridian?
Average booking lead time is 32 days, with an average length of stay of 4.9 nights. The short lead time reflects regional drive-market bookings for water park visits and Boise-area events.
Who are the top property managers in Meridian, ID?
Premium Rentals leads with 72 listings (rating 4.708). Boise BnB has 60 listings (4.583). Evolve manages 59 (4.833), ITrip Vacations 48 (4.911), and SeeYahBye Rentals 47 (4.872).
Meridian, IdahoRev $3,777ADR $168Occ 80%Score B (81)

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Table of Contents

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Quick Facts: Boise market area

Avg Daily Rate
$168
Occupancy Rate
80%
Avg Revenue/Mo
$3,777
Meridian Population
139,740

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