Zumper
modified
Updated 12 Hours Ago

Highlights

  • Pet Friendly
  • Conveniently located
  • Spacious patio or balcony
  • Ample storage space
  • Spacious apartment home
  • Energy-efficient black appliances
  • Premium finishes and amenities

Location

303 W Pennwood St, Meridian, ID 83642, USA|Southwest Meridian
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Contact

Management

Greystar Real Estate Partners, LLC

Leasing office

(844) 325-6407 ext. 1800

Open 

Tuesday 10:00 am–5:00 pm MT

Property Overview

Pennwood Apartments is rated highly overall, with strong marks for value, amenities, location, and quality, along with a solid trust rating. It offers convenient access, spacious apartments with ample storage and patios or balconies, energy-efficient black appliances, and premium finishes, while also standing out for features that support remote work, fitness, socializing, and pet-friendly living.

This summary uses Zumper’s proprietary data. “Zumper Expert Ratings,” “Things you’ll love,” and “Great for” are based on our internal analyses of market trends and renter insights.

Zumper Expert Rating

9.1
Excellent
Pennwood Apartments is an excellent find, offering residents a superior living experience with a wide range of desirable features. Residents will particularly enjoy knowing that this property rated highest in Amenities and Price, which help to make this rental a great place to call home.

Things you’ll love

  • More space
  • Extra storage
  • Fitness center

Great for

  • Wellness
  • Social life
  • Pet owners

Floor plans

1 Bedroom 1 Bathroom1 bed1 bath925 sqft$1,774–$3,347 /mo5 units available
2 Bedroom 2 Bathroom Small2 bed2 bath925 sqft$1,684–$2,500 /mo2 units available
2 Bedroom 2 Bathroom Large2 bed2 bath995 sqft$1,758–$2,566 /mo4 units available
3 Bedroom 2 Bathroom3 bed2 bath1,100 sqft$1,974–$3,553 /mo4 units available

Let's explore this property.

Amenities for Pennwood Apartments

Apartment Amenities

ADA Accessible UnitsAir Conditioning
BalconyCarpet
Ceiling FanCentral Air Conditioning
Oversized ClosetsPlush, Carpeted Bedroom
Private Patio/BalconyQuartz Countertops Throughout
Wood Inspired Plank Flooring

Appliances

DishwasherEnergy Efficient Appliance Package
Gas Range Stove & OvenIn-Unit Laundry
Refrigerator

Tech

High Speed Internet & Cable Ready

Building

1 and 2 and 3 Bedroom Apartment HomesCats OK
ClubhouseDogs OK
Fitness CenterFree Weights
Onsite LaundryResidents Lounge
Roof Deck

Grounds

Basketball CourtsCarport Parking Available
Community Fire PitOutdoor Space
StorageSwimming Pool

Services

On-Site MaintenanceOn-Site Management
Package Service
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.

Policies and fees

Applicants

Application Fee

Per-applicant. Refund Policy: Non-refundable. Amount to process application, initiate screening, and take a rental home off the market.

$40

REQUIRED FEES

Administrative Fee

One-time. Refund Policy: Non-refundable. Amount to facilitate move-in process for a resident.

$150

Security Deposit (Refundable)

One-time. Refund Policy: 100%. Amount intended to be held through residency that may be applied toward amounts owed at move-out. Refunds processed per application and lease terms.

$300–$500

Utility - Final Bill Fee

One-time. Refund Policy: Non-refundable. Amount billed to calculate final utility statement.

$10

Utility - New Account Fee

One-time. Refund Policy: Non-refundable. Amount to establish utility services.

$15

Trash Services - Hauling

Monthly. Refund Policy: Non-refundable. Amount for shared trash/waste services.

Usage Based

Utility - Electric - Third Party

Monthly. Refund Policy: Non-refundable. Amount for provision and consumption of electric paid to a third party.

Usage Based

Utility - Gas

Monthly. Refund Policy: Non-refundable. Amount for provision and consumption of natural gas.

Usage Based

Utility - Sewer

Monthly. Refund Policy: Non-refundable. Amount for provision of sewer services.

Usage Based

Utility - Water

Monthly. Refund Policy: Non-refundable. Amount for provision and consumption of water.

Usage Based

Utility - Billing Administrative Fee

Monthly. Refund Policy: Non-refundable. Amount to manage utility services billing.

$5.56

Cable Tv Services

Monthly. Refund Policy: Non-refundable. Amount for cable services in rental home.

$75

Renters Liability Insurance - Third Party

Monthly. Refund Policy: Non-refundable. Amount for renters liability insurance obtained through resident's provider of choice.

Usage Based

Pest Control Services

Monthly. Refund Policy: Non-refundable. Amount for pest control services.

$3

OPTIONAL FEES

Parking Policy

Other

Amount for covered parking space/services. May be subject to availability.

Parking

Parking

Monthly. 2 parkings max. Refund Policy: Non-refundable. Amount for parking space/services. May be subject to availability.

$30

Parking - Covered

Parking - Covered

Monthly. 2 parking - covereds max. Refund Policy: Non-refundable. Amount for covered parking space/services. May be subject to availability.

$30

Dog Policy

Allowed

Cat Policy

Allowed

Pet

Pet Management - Third Party

One-time. 2 pets max. Refund Policy: Non-refundable. Amount for authorized pet registration and screening services.

$65

Pet Deposit (Refundable)

One-time. Refund Policy: Refundable. Amount for pet living in rental home. May be assessed per pet or per rental home, based on lease requirements. Refunds processed per lease terms.

$100

Pet Fee

One-time. Refund Policy: Non-refundable. Amount to facilitate authorized pet move-in.

$300

Pet Rent

Refund Policy: Non-refundable. Monthly amount for authorized pet.

$35

SITUATIONAL FEES

Questions about this property’s policies and fees?

Building details

Property details

Units180

About Pennwood Apartments

HomeApartments in MeridianSouthwest Meridian Pennwood Apartments

At Pennwood Apartments, we are sure that we have what you're looking for. Pennwood offers residents a spacious apartment home, with premium finishes and amenities designed with residents in mind. Conveniently located off Meridian Road in Meridian, Idaho on Pennwood, commuting, and errands have never been easier. Choose from our one-, two-, and three-bedroom floor plans, all of which include energy-efficient black appliances, ample storage space, and a spacious patio or balcony, in some floor plans, even two.


Zumper Expert Rating

Our expert rating is based on a weighted average score of property attributes that renters care about most: price, amenities, location, quality, and trust.
9.1
/10
Excellent
Pennwood Apartments is an excellent find, offering residents a superior living experience with a wide range of desirable features. Residents will particularly enjoy knowing that this property rated highest in Amenities and Price, which help to make this rental a great place to call home.
How we rated Pennwood Apartments
Price·9A score that weighs the cost and location of the property, which we calculate by comparing rent prices of recent units to the median price of nearby rentals, adjusting for overall quality and features.
Pennwood Apartments stands out with a remarkable rating of 9/10 for its cost per bedroom compared to other rentals in the area. Considering the excellent balance between price, convenience, and comfort that it provides, residents enjoy a high-quality living experience.
Amenities·10A score based on the amenities offered at this property compared to other rentals in the area. We consider the quantity, quality, and popularity of features both on site and within the units.
Pennwood Apartments stands out as a premier property with an impressive array of amenities and an excellent standard of living. Residents here have access to many of the most popular and desired perks—pets allowed—making this one of the top choices for renters seeking unparalleled comfort and convenience.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
Pennwood Apartments is exceptional when it comes to location and conveniences. Communication with management or leasing staff is usually quick and easy and they often use advanced scheduling and communication tools to streamline the process. The location of this property offers easy access to popular points of interest in the area and options for getting around.
Quality·9A score based on what makes the property stand out, such as luxury features, unique offerings, age of the building, and our ability to verify the accuracy of these details.
Pennwood Apartments has a few standout characteristics that set it apart from similar properties nearby. Having both verified status and features that cater to discerning renters, this is a great option for renters looking for a specific and exceptional lifestyle.
Trustworthiness·8A score based on the accuracy, completeness, recency, and usefulness of the information provided by this property, so you can trust that what you see is what you get.
The level of transparency this property provides distinguishes it as a great rental. With a high attention to detail and desirable features, renters can be sure they will get an accurate picture of their potential new home.

Reviews from the web

Showing 8 highest rated

Great apartments for what they are and great help when its needed! Recently had to have my in unit washing machine replaced and the maintenance guy Gage has been so helpful every step of the way!

Arrow Harling

Arrow Harling

Nov 06, 2024

The staff here have been so friendly and helpful. Jordan and Gage are always on top of any maintenance requests/issues, and Chelsea is quick to respond to any concerns or questions that I might have. My dog is always so excited to see them lol. Thanks for everything you guys do!

N W

N W

Apr 24, 2024

We’re sharing just 8 of many, sorted highest to lowest. Visit the Google business profile to view all reviews.

Pennwood Apartments is great for:

Wellness

  • On-site fitness center or gym
  • HVAC systems available onsite
  • 22 gyms or yoga centers nearby
  • There are 4 grocery stores within 1 mile

Social life

  • Community gathering spaces on-site (lounges, rooftops, etc.)
  • This community has public spaces on site, like fitness centers or pools
  • Diverse age groups live in this area
  • A bustling neighborhood

Pet owners

  • Outdoor spaces are available at this property
  • 2 dog parks within 1 mile
  • 7 pet supply stores near the property
  • 2 pet grooming services nearby

Property highlights

We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.

How Pennwood Apartments compares to other nearby properties.

Positives

More space
The 1-bedroom is 146 sqft larger than other listings nearby
Extra storage
In-unit features
Fitness center
The gym is just a few steps away
Images Available
There are at least 10 photos of this property
Laundry available on site
Washers and dryers are available in-building
Package service
More secure storage for delivery
Pool
Enhanced community features
Roof deck
Public roof space available

Considerations

Greater distance from grade schools
The nearest elementary school is farther than 1.0 miles away
Greater distance from middle schools
The nearest middle school is farther than 1.0 miles away

Property Map

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Rent trends in Southwest Meridian

1-bedroom apartments here are priced 14% higher than 1-bedrooms in Southwest Meridian.

If you decide to upgrade your space, you can expect 2-bedrooms at Pennwood Apartments to be 11% more than the average for similarly sized apartments in Southwest Meridian.

3-bedroom apartments at Pennwood Apartments cost about 6% less than the average rent price for 3-bedroom apartments in Southwest Meridian.

Median rents as of Oct 25 2025.
Southwest Meridian
Meridian
A table of studio rental data trends in Meridian
MonthMedian Rent
November 2024$1,369
December 2024$1,299
January 2025$1,263
February 2025$1,305
March 2025$1,310
April 2025$1,338
May 2025$1,364
June 2025$1,423
July 2025$1,447
August 2025$1,428
September 2025$1,415
October 2025$1,413
A table of studio rental data trends in Southwest Meridian
MonthMedian Rent
January 2025$1,249

Affordability calculator

Can I afford to live at 303 W Pennwood St?

Bedrooms

Rent-to-income ratio

30%

Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income

$70,960/yr

With your selected rent-to-income ratio, you'd ideally want to make $70,960 annually to afford this 1-bedroom monthly rent price of $1,774.
For more information on rent affordability, visit our rent calculator.

Schools near Pennwood Apartments

Virtual School House

1303 east central dr

meridian, ID, 83642

PK, K-12Public
B-

Peregrine Elementary School

1860 waltman st

meridian, ID, 83642

PK, K-5Public
B+

Barbara Morgan STEM Academy

1825 chateau dr

meridian, ID, 83646

K-5Public
A-

Chaparral Elementary School

1155 north deer creek ln

meridian, ID, 83642

PK, K-5Public
B+

Hillsdale Elementary School

5225 south howry ln

meridian, ID, 83642

PK, K-5Public
A-
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Neighborhood

Southwest Meridian | Meridian, ID

NEIGHBORHOOD VIBE
Peaceful and quiet
Noise-canceling headphones not required in this mostly noise free area.

Getting around Meridian near 303 W Pennwood St

Walking

5/10
Some shops and stores are within a few minutes.

Driving

10/10
Commuting is easy with multiple accessible routes and plenty of parking.

Cycling

6/10
More spots are within biking distance and some roads are cyclist-friendly.

Transit

0/10
FYI, there are little to no public transit options within walking distance.

Points of interest for 303 W Pennwood St, Meridian

Groceries

5/10
At least one supermarket within a 20-minute walk

Shopping

4/10
Some shops within walking distance

Cafes

5/10
Some cafés within a few minutes’ walk

Restaurants

5/10
Some restaurants within a few minutes’ walk

Primary schools

3/10
At least one elementary school within a 30-minute walk

High schools

3/10
At least one high school within a 30-minute walk

Parks

6/10
Large amount of park space nearby

Nightlife

3/10
Some bars within walking distance

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