How much does it cost to rent in Meridian, CO?

As of July 2026, the median monthly rent in Meridian, CO is $1,940. This figure is based on aggregated data from public sources and community-submitted rents.

Is Meridian cheaper than other Colorado cities?

Meridian falls in the middle range for Colorado, ranking #42 out of 66 cities at $1,940/mo.

When was Meridian rent data last updated?

Meridian rent data reflects July 2026 and was last refreshed on July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.

City Report · CO

Meridian

Name: Average Rent Prices in Meridian, CO
Creator: RentDataNow
License: https://rentdatanow.com/terms-of-service

Pop. 2,699·42nd most expensive in Colorado·Rental market data updated monthly for Meridian, CO

Median rent (all units)

$1,940/mo

Year-over-Year

+1.0%

Month-over-Month

+0.1%

vs US Median

-$25

Stable (Monthly)

Be the first to discuss Meridian rents ↓

Most AffordableMost Expensive

Meridian · $1,940

More expensive than 55% of US cities · National median $1,965/mo

Affordability

26% of income

AFFORDABLE

0%30% benchmark60%+

At $1,940/mo, rent takes about 26% of the local median household income, comfortably within the 30% benchmark.

Income to afford

$78,000/yr

Local median income

$89,877/yr

Based on the 30%-of-income rule using Meridian's median rent and household income. See the full affordability breakdown →

Medians by bedroom

Rent by unit size

Studio

$1,818

1 BR

$1,872

2 BR

$2,263

3 BR

$2,227

4 BR+

$2,500

Research median

$2,263/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

Loading…

Last updated: July 20, 2026

Annual cost

$23,280/yr

At $1,940/mo median

Rent Market Meter

Balanced Market

Renter's MarketBalancedLandlord's Market

Rents are roughly steady, with neither renters nor landlords holding a strong edge right now.

Based on rent-price momentum (+1.0% YoY, +0.1% MoM), not inventory.

Rent check

Is your rent fair?

Compare your rent to the local median.

Demographics

Who lives here

Meridian, CO is majority owner-occupied, has a large share of families with children, has a median income above the national average, 79% of residents hold a bachelor's degree or higher.

Population

2,699

Median income

$89,877

Median age

42.3

Renters

4.4%

Age distribution

27.6%

39.1%

13.6%

Under 1827.6%

18–349.5%

35–5439.1%

55–6410.2%

65+13.6%

Gender

53.2%

46.8%

Male53.2%

Female46.8%

Race & ethnicity

63.7%

25.3%

White63.7%

Hispanic9.9%

Asian25.3%

Other1.1%

Education (25+)

18.4%

79%

No HS diploma0.7%

HS diploma1.8%

Some college18.4%

Bachelor's+79%

Housing tenure

95.6%

Owner95.6%

Renter4.4%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2022 vs 2026

How Meridian, CO has changed in 5 years

Rent

$2,050 → $1,940

down 5.4%

Income

$83,626 → $89,877

up 7.5%

Population

4,954 → 2,699

down 45.5%

Renter share

82.6% → 4.4%

-78.2 pts

Bachelor's+

55.2% → 79%

+23.8 pts

Median age

33.2 → 42.3

+9.1 yrs

Across the past five years, the going rent in Meridian, CO has shifted from $2,050 to $1,940, down 5.4% since 2022. Median household income climbed from $83,626 to $89,877 between 2021 and 2024, a 7.5% shift. With wages climbing faster than rent over the same window, renters here have a bit more breathing room than they did five years back. Census counts show Meridian, CO losing about 2,255 residents over the five-year window, down 45.5% on net. The renter share has eased from 82.6% to 4.4%, with owner-occupied housing accounting for the remainder. Bachelor's-degree-or-higher attainment moved from 55.2% to 79% across the same window. Taken together, the five-year picture in Meridian, CO reflects how housing costs and the people paying them have evolved through a stretch that included a pandemic, a hot rental market, and a recent cooling phase.

Community

Discussions about Meridian

No discussions yet. Start the conversation.

View Meridian rent history (2015–2026) →

Salary vs rent

Can you afford rent in Meridian on your salary?

At $1,940/mo, how Meridian rent compares to typical pay (30% rule).

Registered Nurse

Avg $99,204/yr · Rent = 23.5% income

affordable

Elementary School Teacher

Avg $70,434/yr · Rent = 33.1% income

stretched

Police Officer

Avg $81,134/yr · Rent = 28.7% income

affordable

Software Developer

Avg $145,016/yr · Rent = 16.1% income

very comfortable

Lawyer

Avg $185,294/yr · Rent = 12.6% income

very comfortable

Firefighter

Avg $65,951/yr · Rent = 35.3% income

stretched

Truck Driver

Avg $59,546/yr · Rent = 39.1% income

stretched

Electrician

Avg $73,395/yr · Rent = 31.7% income

stretched

By apartment size

Meridian rent by bedroom count

Median rent for each apartment size in Meridian. Click any size for full breakdown.

Local insights

Tips for renters in Meridian

About renting in Meridian, CO

Last updated: July 20, 2026

The median rent in Meridian is $1,940/mo as of July 2026. A studio apartment averages $1,818/mo while a 2-bedroom runs $2,263/mo. One-bedroom apartments average $1,872/mo and 3-bedroom units go for $2,227/mo.

At 26% of local median household income ($89,877/yr), Meridian ranks as affordable compared to the national benchmark of 30%. Rents have increased 1.0% over the past year.

FAQ

Frequently asked questions

Is Meridian an affordable city for renters?

Meridian is considered affordable for renters. At $1,940/mo, rent takes approximately 26% of the local median household income ($89,877/yr). The standard benchmark is 30%. Meridian falls comfortably within that range.

How much income do you need to rent in Meridian?

To keep rent at or below 30% of gross income, you would need to earn at least $78,000/year (~$38/hour full-time) to afford the median rent of $1,940/mo in Meridian. The local median household income is $89,877/yr, meaning the typical Meridian household meets that threshold.

Is rent going up or down in Meridian?

Rent in Meridian has increased 1.0% over the past year as of July 2026, putting upward pressure on renter budgets.

How does Meridian rent compare to other cities in Colorado?

Meridian is middle-of-the-pack for Colorado for rent, ranking #42 out of 66 tracked cities at $1,940/mo.

Which nearby cities are cheaper to rent in than Meridian?

Cherry Creek is nearby and more affordable at $1,894/mo, which is $46 less than Meridian.

What percentage of Meridian residents rent vs. own?

According to Census data, approximately 4.4% of Meridian households are renters, while 95.6% are owner-occupied. Meridian leans toward homeownership, which can mean a smaller rental inventory.

How does Meridian rent compare to the national average?

Meridian's median rent of $1,940/mo is $25 (1%) below the US national median of $1,965/mo. Within Colorado, it ranks #42 out of 66 tracked cities.

Income Affordability

26%

AFFORDABLE

At $1,940/mo, rent takes ~26% of Meridian's median household income ($89,877/yr). The standard benchmark is 30%.

Meridian 26%Benchmark 30%

State income tax4.4%

Run the Meridian affordability calculator →

Nearby cities