Meridian market report
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.
County
Ada County
Market posture
Fastest growing
Atlas view
Public report
Market read
147,340 residents, +61.3% over a decade. 848 apartments and 35 townhomes under development near The Village. Old Town Opportunity Zone in play.
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.
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.
848 apts
Under development
35
Townhomes
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.
147,340
Population · 2025 est.
+61.3%
10-year growth
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.
$520K–$650K
South Meridian flip ARV
$650K–$800K
North Meridian flip ARV
Related markets
Meridian alerts
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Submit your criteria or request the Old Town OZ parcel map.