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Highlights

  • Rent Special
  • Pet Friendly
  • Conveniently located
  • Ample storage space
  • Spacious patio or balcony
  • 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 today 

10:00 am–6:00 pm MT

Property Overview

Pennwood Apartments is highly rated with a Zumper score of 9.4, reflecting its exceptional quality and competitive pricing. It offers a range of remarkable features such as spacious apartments, premium finishes, and ample storage, complemented by energy-efficient appliances. Residents will enjoy convenient access to local amenities, parks, and a vibrant social scene, making it an attractive choice for both professionals and active lifestyles.

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

9.4
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 Price and Amenities, which help to make this rental a great place to call home.

Things you’ll love

  • Less expensive
  • More space
  • Images Available

Great for

  • Work-from-home
  • Pet owners
  • Social life

Floor plans

1 Bedroom 1 Bathroom1 bed1 bath925 sqft$1,389–$2,558 /mo2 units available
2 Bedroom 2 Bathroom Small2 bed2 bath925 sqft$1,368–$1,969 /mo
2 Bedroom 2 Bathroom Large2 bed2 bath995 sqft$1,492–$2,641 /mo6 units available
3 Bedroom 2 Bathroom3 bed2 bath1,100 sqft$1,548–$3,307 /mo3 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

Dog policy

Allowed 

Cat policy

Allowed 

| Restrictions: None

Required one-time fees

Security Deposit$300
Security Deposit. Refundable amount: 100%
Building details

Property details

Units180
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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.
9.4
/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 Price and Amenities, which help to make this rental a great place to call home.
How we rated Pennwood Apartments
Price·10A 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 offers an excellent balance between price and value. It's priced competitively for its amenities, location, and other key features. Compared to the median price per bedroom in the area, this property is less than, or about the same as, nearby rentals, so residents can expect great value without too many compromises on their desired standard of living.
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:

Work-from-home

  • High speed internet is an amenity
  • Common areas for meetings or remote work
  • 3 office supply stores within 1 mile
  • 3 internet service provider options nearby

Pet owners

  • Outdoor spaces are available at this property
  • 6 pet grooming services nearby
  • 3 pet hospitals in the area
  • 1 dog park within 1 mile

Social life

  • This community has public spaces on site, like fitness centers or pools
  • Community gathering spaces on-site (lounges, rooftops, etc.)
  • Area has 9 parks and recreation options
  • 6 local event hubs within 1 mile

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

Less expensive
The 1-bedrooms are cheaper than other similar listings nearby
Less expensive
The 3-bedrooms are cheaper than other similar listings nearby
More space
The 1-bedroom is 185 sqft larger than other listings nearby
Images Available
There are at least 10 photos of this address
Laundry available on site
Washers and dryers are available in-building or in-unit
Package service
More secure storage for delivery

Considerations

Greater distance from middle schools
The nearest middle school is farther than 1 mile away
Greater distance from grade schools
The nearest elementary school is farther than 1 mile away

Property Map

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Rent trends in Southwest Meridian

1-bedroom apartments here are priced 6% lower than 1-bedrooms in Southwest Meridian.

If you decide to upgrade your space, you can expect 2-bedrooms at Pennwood Apartments to be 3% less than the average for similarly sized apartments in Southwest Meridian.

3-bedroom apartments at Pennwood Apartments cost about 25% less than the average rent price for 3-bedroom apartments in Southwest Meridian.

Median rents as of Sep 27 2025.
Southwest Meridian
Meridian
A table of studio rental data trends in Meridian
MonthMedian Rent
October 2023$1,360
November 2023$1,283
December 2023$1,626
January 2024$1,950
February 2024$1,347
March 2024$1,361
April 2024$1,375
May 2024$1,675
June 2024$1,336
July 2024$1,373
August 2024$1,441
September 2024$1,467
October 2024$1,464
November 2024$1,396
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
A table of studio rental data trends in Southwest Meridian
MonthMedian Rent
October 2023$1,317
December 2023$1,288
March 2024$1,340
April 2024$1,350
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

$55,560/yr

With your selected rent-to-income ratio, you'd ideally want to make $55,560 annually to afford this 1-bedroom monthly rent price of $1,389.
For more information on rent affordability, visit our rent calculator.

Schools near Pennwood Apartments

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+
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Internet available near Pennwood Apartments

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.

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

6/10
At least one grocery store within a 15-minute walk

Shopping

4/10
Some shops within walking distance

Cafes

6/10
Some cafés within walking distance

Restaurants

5/10
Some restaurants within walking distance

Primary schools

3/10
No elementary schools within a 30-minute walk

High schools

3/10
No high schools within a 30-minute walk

Parks

6/10
Moderate amount of park space nearby

Nightlife

4/10
Few or no bars within walking distance

Explore the area around 303 W Pennwood St

WinCo Foods
1050 S Progress Ave
L & R Sales
Reese Group Inc
2820 Bransford Ave
Walmart Supercenter
795 W Overland Rd
BNN Foods PNB
1815 S Meridian Rd

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