
Meridian · Ada County
The fastest-growing market in the Valley.
848 apartments and 35 townhomes are under development near The Village. The Old Town Opportunity Zone is the federally-incentivized play most Treasure Valley investors still haven't surfaced.
Old Town Opportunity Zone
Deferral deadline
Capital-gains deferral through December 31, 2026 on gains invested through a Qualified Opportunity Fund.
Step-up schedule
10% basis step-up at year five. 15% total step-up at year seven.
10-year exclusion
Gains on the OZ investment held for ten years are fully excluded from federal capital gains tax.
Meridian's Old Town Opportunity Zone is a federally designated census tract where capital-gains investments structured through a Qualified Opportunity Fund receive preferential federal tax treatment. A new OZ 2.0 designation round is anticipated beginning January 1, 2027.
These rules are complex and interact with individual tax circumstances. Consult a qualified tax advisor before committing capital to any Qualified Opportunity Fund. We've mapped every eligible parcel, tracked ownership history, and know which owners are near trigger events.
Multifamily
Under development
848 apts
Near The Village
Townhomes
35
Under development
Meridian's multifamily pipeline is the heaviest in the Valley measured per capita. Near The Village, 848 apartments plus 35 townhomes are in the ground or in permitting. For stabilized acquisitions, the B/C-class window is tighter than Boise's. Most sourcing happens through direct owner contact and our investor network.
Population & Growth
Population · 2025 est.
147,340
COMPASS 2025
10-year growth
+61.3%
2015 to 2025 · COMPASS
Median sale price · Mar 2026
~$530K
$527K–$533K · Zillow / Realtor.com
Days on market · Mar 2026
28 days
Realtor.com
Median list price · Mar 2026
$600,000
Realtor.com
Median rent · Mar 2026
$2,500/mo
Realtor.com
Meridian grew roughly 3× faster than Idaho's state average over the last decade. Growth is broad-based across residential, retail, and institutional follow-on.
Flips
South Meridian flip ARV
$520K–$650K
Typical cluster
North Meridian flip ARV
$650K–$800K
Typical cluster
Meridian flip product is typically 2000–2008-era tract homes needing kitchen, bath, and cosmetic work. Rehab budgets pencil lower than Boise North End, but buyer pools are less forgiving on finish quality.
SFH Rentals
Meridian SFH rentals run at a small premium to Boise on new-construction product and a small discount on older stock. Tenant quality trends high. Turnover is our favorite metric here.
Infill & Development
Meridian's growth pressure has pushed infill interest toward previously overlooked parcels, particularly mid-block corner lots where a lot-split or duplex conversion is viable.
Lot Splits, ADUs & Duplexes
Meridian permits one detached ADU per residential lot at a maximum of 900 square feet or 50% of the primary dwelling, whichever is less, with two bedrooms maximum (Meridian UDC Title 11).
Approximately 65% of Meridian residential parcels fall within active HOA boundaries. Verify CC&Rs before any ADU application. Existing HOA bans remain enforceable under Idaho SB 1354 (effective July 1, 2026).
Annexation
Meridian's south and west edges have the most active annexation discussion. We've represented acquisitions in the 18-to-36-month-to-annexation window where the basis is meaningfully below post-annexation comparable values.
Data
Meridian in context. Ada County, ten years.
Population series 2015 through 2025 from the U.S. Census Bureau vintage files and COMPASS 2025. Price figures from Redfin and Zillow as of March 2026.

Renew take
Meridian's slope steepened 2020–2023 and is the engine of Ada County growth right now. The investor read: Meridian is where new household demand is landing, but pricing has already moved. Find acquisitions ahead of the build-out, not chasing the comp set after it prints.
Old Town OZ activity — when downtown Meridian permits cross 200/quarter, the OZ basis-step expires faster than the investor case assumes.
Source: U.S. Census vintage 2023 and COMPASS 2025.

Renew take
Meridian sits in the $480–530K median band with new-build saturation North of Ustick and 1990s-era stock South of Cherry. North Meridian comps drive Eagle Road corridor flip ARVs; investors who run that comp boundary correctly find Bridgetower-area deals 8-12% under Eagle pricing.
The Eagle Road / Linder corridor — when median rolls past $600K, North Meridian flips compress to <12% margins and the pencil moves to South Meridian.
Source: Redfin and Zillow, March 2026. Point-in-time figures, not annualized.
Last updated: April 2026.
See deals matching your criteria in Meridian.
Document your buy-box once. We call when something fits — flips, SFH rentals, infill lots, or multifamily.
Related markets
Adjacent Treasure Valley cities. Same investor lens.
Most investors compare two or three of these cities side-by-side. Each hub carries the same depth of population, price, asset-class, and ordinance data.
Ada County
Boise
Core market
253,550 residents. A deep SFH rental and flip pipeline with a North End premium and a Bench entry-level comp set that moves.
See BoiseAda County
Star
Growth corridor
The fastest-growing city in the Valley at +174.6% over the decade. Annexation-adjacent land, thin SFH rentals, and new-construction-era flip inventory when it appears.
See StarAda County
Eagle
Premium market
The Treasure Valley's premium investor market. Scarce product, executive-tier rentals, and large-lot land plays sourced through our investor network.
See EagleAda County
Kuna
Affordable growth
Entry-level Ada County, +94.9% over a decade. The most active annexation pipeline in the county plus lot-split-viable buildable infill.
See KunaLooking for a different play?
Run the math on a Meridian deal
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