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New Report Fall 2026 Housing Affordability Report: every state is less affordable than in late August as average 30-year mortgage rates passed 7%. Read the report

Meridian, ID Housing Affordability Index

Meridian, Idaho has an MBR Housing Affordability Index score of 93.2 (Near National Average) as of October 30, 2026, ranking 161st most affordable of 187 scored Idaho cities, compared with 96.7 statewide and 97.4 nationally. On a median-priced $531,600 home with 20% down, the Idaho average 30-year fixed rate of 7.24% means a monthly principal and interest payment of about $2,897, or 34% of the city’s $100,795 median household income.

The MBR Housing Affordability Index (MBR-HAI) for Meridian is updated every night from live Idaho mortgage rates and U.S. Census Bureau income, home value and housing cost data for the city. A score of 100 equals the national average; higher scores mean homeownership is more affordable.

Meridian MBR-HAI 93.2 Near National Average
Rank in Idaho 161 of 187 1 = most affordable
Idaho 96.7 Statewide score
National 97.4 100 = baseline
Avg 30-yr rate 7.24% Idaho lenders
Median home value $531,600 U.S. Census Bureau

Meridian is 3.5 points below the Idaho score. Scores as of October 30, 2026. See the Idaho index

View Meridian Mortgage Rates

What It Takes to Buy in Meridian

$2,897/mo
Principal & Interest
Median home, 20% down, 7.24%
$124,200
Income Needed
To keep the payment at 28% of income
$100,795
Median Household Income
Idaho: $77,800
5.3x
Price-to-Income Ratio
Idaho: 5.4x
$1,592/mo
Median Owner Costs
Mortgage, taxes, insurance, utilities
$2,452/yr
Median Property Tax
0.46% of median value
22.9%
Owner Cost Burden
Owners spending 30%+ of income on housing
47.9%
Renter Cost Burden
Renters spending 30%+ of income on rent

Source: U.S. Census Bureau American Community Survey 5-Year Estimates (2024) for Meridian, Idaho. The rate is the Idaho average 30-year fixed rate from MonitorBankRates, since lenders publish rates by state.

Cite the Meridian Score

“MonitorBankRates (MBR) Housing Affordability Index, MonitorBankRates.com, October 30, 2026. Meridian, Idaho score: 93.2 (Near National Average), ranked 161 of 187 Idaho cities. monitorbankrates.com/housing-affordability-index/idaho/meridian”